This property is called the distributive property. It is when you distribute the number outside the parenthesis into the numbers and letters inside the parenthesis.
Example:
7(x-3) = 7x-21
10(x+5+8) = 10x+50+80 = 10x +130
be sure to simplify like terms as in the example above
10 ( x²+5x³+2x²) = 10x²+50x³+20x² = 30x²+50x³
answer: 30x²+50x³
hope this helps
Answer:
a. Revenue recognition principle
Explanation:
The revenue recognition principle refers to the principle in which the revenues are recorded when it is realized or earned. It follows the accrual basis of accounting
It is not recorded when the cash is actually received.
When the sale is made, the same is to be shown in the books of accounts
Therefore as per the GAAP, the revenue should be addressed by revenue recognition
hence, the correct option is a.
Answer:
The answer is: B) An inflow of $12,000
Explanation:
Croft Company's cash flow should include the total cash inflow (the company received money) of $12,000. Even if the company bought the land the day before, paying the $10,000 yesterday, the cash flows are independent one from another. It should have recorded the outflow of $10,000 "yesterday".
Wireless communications is likely to be viewed as an essential part of an enterprise network infrastructure when communication must take place in a difficult terrain where wired communication is difficult or impossible to build.
Answer:
Current ratio is 2.5:1
Quick ratio 1.9:1
Explanation:
Current ratio =current assets/current laibilities:1
current assets =cash+marketable securities+accounts receivables+inventory
current assets=$225000+$115,000+$112000+$158,000
current assets =$610,000
current liabilities=accounts payable=$244,000
Current ratio=610000/244000
current ratio=2.5
:1
quick ratio =(current assets-inventory)/current liabilities:1
quick ratio=(610000-158000)/244000
=1.9:1
The current ratio suggests the company has liquid resources that is more than double of current liabilities which can used in discharging debt obligations in the normal course of business
Quick ratio excludes inventory from the ratio since inventory is most difficult item to convert to cash
