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Answer:
- <u><em>$19,591.63</em></u>
Explanation:
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<u>1. Calculate the price of the car in a year from now.</u>
This is add the 4% on the current price:
<u />
<u>2. Calculate the amount of money that must be put aside to have $20,800 in a year:</u>
<u />
Use the formula of monthly compound interest, with 6% annual interest
- r = 6% / 12 = 0.06/12 = 0.05
- P = $20,800 / (1 + 0.005)¹² = $19,591.63
Answer:
The total amount of past-due accounts receivable that were written off as uncollectible during the year were: $17,300
Explanation:
The amount of past-due accounts receivable that were written off as uncollectible during the year are calculated by following formula:
Past-due accounts receivable that were written off as uncollectible = The Allowance for Bad Debts account had a balance at the beginning of the year + Bad debts expense was recognized - The Allowance for Bad Debts account had a balance at the end of the year = $8,500 + $16,000 - $7,200 = $17,300
Answer:
D. Identify the critical path.
Explanation:
Emily has recently learned that she needs to reduce the duration of her project to meet an imposed deadline. She has calculated the crash cost per unit and knows the maximum units each activity can be reduced. The next step is to Identify the critical path.
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