Answer:
The Parry Glitter Company
The Parry Glitter Company should record the Notes Receivable as $300,000.
It should also record the interest receivable per year as $24,000 and the advertising cost as $24,000 per year. These bring into the accounting records the interest revenue and also the advertising expense, which eventually cancel each other.
Step-by-step explanation:
a) Data and Calculations:
Notes Receivable = $300,000
If the notes receivable are repaid at the end of 3 years and it is assumed that the interest on the notes receivable = 8%
Therefore, the cost of the free advertising will be equal to $24,000 ($300,000 * 8%), which is the cost of the interest to the radio station.
Answer:
It should look like a v with the origin at +0.5
Step-by-step explanation:
The numbers are: 36 and 11 .
______________________________________________
Explanation:
______________________________________________
Let us represent the TWO (2) numbers with the variables;
"x" and "y" .
__________________________________________
x + y = 47 .
y − x = 25.
__________________________________________
Since: " y − x = 25 " ;
Solve for "y" in terms of "x" ;
y − x = 25 ;
Add "x" to each side of the equation:
_____________________________________________
y − x + x = 25 + x ;
to get:
y = 25 + x .
Now, since:
x + y = 47 ;
Plug in "(25 + x)" as a substitution for "y"; to solve for "x" :
x + (25 + x) = 47 ;
x + 25 + x + 47 ;
2x + 25 = 47 ;
Subtract "25" from each side of the equation:
2x + 25 − 25 = 47 − 25 ;
2x = 22 ;
Divide EACH SIDE of the equation by "2" ;
to isolate "x" on one side of the equation; and to solve for "x" ;
2x / 2 = 22 / 2 ;
x = 11 ;
______________________________________________
x + y = 47<span> ;
</span>Plug in "11" for "x" into the equation ; to solve for "y" ;
11 + y = 47 ;
Subtract "11" from EACH SIDE of the equation;
to isolate "y" on one side of the equation; and to solve for "y" ;
11 + y − 11 = 47 − 11 ;
y = 36 .
___________________________________________
So: x = 11 , y = 36 ;
___________________________________________
Let us check our work:
y − x = 25 ;
36 − 11 =? 25 ? Yes!
x + y = 47 ;
36 + 11 =? 47 ? Yes!
______________________________________________
The numbers are: 36 and 11 .
______________________________________________
Answer:
Step-by-step explanation:
10 lol
