Answer:
The error is that 2 should have been added to both sides, 7 = x
Step-by-step explanation:
Answer: x=-5-√57/2, -5+√57/2
<span>n = 11<span>.
Explanation:
Let m be the number of boxes Mark sells and a be the number of boxes Ann sells.
Since Mark sells 10 less than n, m = n-10. Since Ann sells 2 less than n, a = n-2.
Together, they sold n-10+n-2=2n-12 boxes.
We know that they sold less than n boxes, so our inequality would be
2n-12<n.
To solve this, subtract n from both sides:
2n-12-n<n-n; n-12<0.
Add 12 to both sides:
n-12+12<0+12; n<12.
This means there were less than 12 boxes. The next number down is 11; this woks because Mark sold 10 less than n; 11-10=1. Mark sold at least 1 box.
If n=10, however, 10-10=0; this doesn't work, because Mark did sell at least 1 box. </span></span>
Answer:
- $38,500
- $1,400
Step-by-step explanation:
1. According to the Accrual Principle of Accounting, revenue should only recognized when the goods or services for which it was paid for have been delivered. In other words, revenue should only be recognized when earned.
As of December 1, 20X1, Ginzel had only completed 7 of the 20 reports so the revenue recognized should be for the completed reports alone.
Total revenue for 20 reports = $110,000
Revenue for 7 reports = 7/ 20 * 110,000
= $38,500
2. The Accrual principle also applies to expenses and states that expenses should only be accounted for when incurred. As the $4,000 relates to all the reports, it should be apportioned evenly.
The costs of extraction and conversion of data for the year should therefore be;
= 7/20 * 4,000
= $1,400