Answer:
The answer is option (c), no he will not pass because he is running 4.8 miles in 35 minutes
Explanation:
This can be expressed as;
Speed=Distance/Time
where;
Distance to be covered=5 kilometers
Time=35 minutes
replacing;
speed=(5/35)=0.143 km/min
In order to pass the fitness test his speed has to be greater than 0.143 km/min
Determine if 3 miles per 35 minutes is greater than 0.143 km/min
I mile=1.6 kilometers
How many kilometers make 3 miles,
Jimmy runs=(3×1.6)=4.8 kilometers in 35 minutes
Speed=4.8/35=0.137 kilometers/minute
Speed jimmy runs (0.137 km/min)<the pace he needs to run to pass fitness test(0.143 km/min)
The answer is option (c), no he will not pass because he is running 4.8 miles in 35 minutes
Answer:
C. DEBIT TO SALES RETURNS
D. CREDIT TO ACCOUNTS RECEIVABLE
Explanation:
The journal entry to record the May 15 transaction is shown below:
Sales return and allowance A/c Dr $40,000
To Accounts receivable $40,000
(Being sales return is recorded)
For recording the given transaction we debited the sales return and credited the account receivable. Both are recorded for $40,000
Answer:
C.) $10,000
Explanation:
Working capital is the net of current asset and current liabilities. it is a financial measure that gives insight into how liquid a company is.
Raw materials also known as Inventory and accounts payable are both current assets and current liabilities respectively hence, Incremental investment in working capital if the project is accepted
= $17,000 - $7,000
= $10,000
Answer: $0
Explanation:
In the United States tax law, there exists 2 principal types of IRAs. They include: the traditional IRA and the Roth IRA.
Annual contributions are deductible when made to a traditional IRA, and in which case tax is paid on the retirement distributions.
But annual contributions made to a Roth IRA aren't deductible, and in which case taxes are not paid on retirement distributions.
Martha’s maximum deductible IRA contribution is $0 because taxes are not paid in the current year on earnings in both types of IRAs.
