The correct statement will be that the maximum number of $5 bills that can be in Hermione's purse will be 7. So, the correct option that matches the statement is D.
The number of bills of $5 are seven, as Hermione also has at least one bill of $1.
<h3>Calculation of bills. </h3>
- Considering Hermione has at least one bill of $1, then the computation of total bills out $40 can be shown as below,
- where <em>x </em>is the number of $5 bills
- So we know that the maximum number of bills of $5 that can be kept by Hermione is 7 as $35 is the nearest number possible and seven bills of $5 will constitute $35.
Hence, it can be concluded that option D is correct that there are seven bills of $5 in the purse of Hermione and hence there will be five bills of $1 in her purse.
Learn more about bills here:
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Sidewinder, Inc., has sales of $670,000, costs of $337,000, depreciation expense of $82,000, interest expense of $47,000, and a
Pani-rosa [81]
Answer:
Additions to Retained earnings $78,040
Explanation:
The additions to the retained earnings of Sidewinder, Inc can be calculated as follows
Sales $670,000
Costs ($337,000)
Depreciation expense ($82,000)
Interest expense ($47,000)
Profit before tax $204,000
[email protected]% ($48,960)
Profit after tax $155,040
Less:Dividends ($77,000)
Additions to Retained earnings $78,040
Answer:
The correct answer is letter "C": direct labor dollars, direct labor hours, and machine hours.
Explanation:
The allocation base is the method of assigning overhead costs to the source that causes it. More often, the allocation base is used for goods being produced in the manufacturing industry. In case the allocation base has properly been applied, changes in the allocation costs will not have a major impact on the costs of the source.
<em>Examples of allocation bases are assigning costs of Human Resources (HR) according to the number of employees in each administrative department or direct labor dollars, direct labor hours, and machine hours in production.</em>
Answer:
Working with real estate agent brochure and agreement form.
Answer:
Accounting rate of return, also known as the Average rate of return, or ARR is a financial ratio used in capital budgeting. The ratio does not take into account the concept of time value of money. ARR calculates the return, generated from net income of the proposed capital investment. The ARR is a percentage return. Say, if ARR = 7%, then it means that the project is expected to earn seven cents out of each dollar invested (yearly). If the ARR is equal to or greater than the required rate of return, the project is acceptable. If it is less than the desired rate, it should be rejected. When comparing investments, the higher the ARR, the more attractive the investment. More than half of large firms calculate ARR when appraising projects.
Explanation:
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