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egoroff_w [7]
3 years ago
12

A textile finishing process involves drying a fabric that has been treated with a volatile solvent. The wet fabric entering the

dryer contains 45% solvent, and the dried fabric contains 3% of the entering solvent. Solvent-free air enters the dryer at a rate of 8 pounds per pound of solvent-free fabric. The solvent has a molecular weight of 60 g mol-1. (a) Calculate the percentage of solvent in the dried fabric by weight. (Answer: 2.4%) (b) Calculate the concentration of solvent in the dryer exhaust in mg m-3 if the exhaust is at 160 F and 1.0 atm.

Business
1 answer:
BARSIC [14]3 years ago
4 0

Answer: (a) 2.4%

(b) 9.68*10^-3mg/m^3

Explanation:

See attachment

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In the equation of exchange, M x V = P x Q, the P represents ___________________.
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Answer:

P in the equation represents Price level

Explanation:

The equation above is referred to as the equation of exchange.

M = money supply, V= velocity of money, P= price level and Q= real output (real GDP)

P × Q gives the nominal GDP while M×V is the effective money supply.

The total value of goods and services available in the economy (represented by the nominal GDP) is equals to the total amount of money available to purchase them (the effective money supply.

The velocity of money is the rate at which money been is used or spent for transaction purposes in the economy. It is assumed to be constant.

For example, If there exist only a $1000 note in the economy, this amount just needs to be spent once to purchase a total nominal GDP of $1000. However, if there exist just one $500 note, then it means the $500 will need to be spent 2 times to purchase the total value of goods worth $1000. The 2 is the velocity of money

This equation is also used to explain the concept of the quantity theory of money.

The theory states that if an economy is operating at the full employment level, an increase in money supply will not impact the real GDP rather it will drive up the price level up. This idea forms the basis of the position of some economists that money supply drives inflation

The assumptions of the theory are as follows:

The velocity of money is constant

The the economy is at the full employment output. This implies that the economy is using all of its productive resources efficiently

3 0
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Bill is employed by a company to design and maintain custom software applications used by the company's employees to determine i
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John is the <u>internal customer</u> of Bill.

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The correct answer is Option B.

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Based on IAS 10 Events after the Reporting Period, subsequent events can be an adjusting event or non-adjusting event. If it is an adjusting event, it means an event after the reporting date before the audited financial statements are signed that provides further evidence of conditions that existed at the reporting date. However, non-adjusting events are events after the reporting date that are indicative of a condition that arose after the reporting date, this requires disclosure in the financial statements while for adjusting events, the financial statements are adjusted for condition that arose after the reporting date.

The declaration of the customer as bankrupt is an adjusting event since it affects the receivable collection, hence the need to adjust it as uncollectible,

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