Answer:
$845.83
Explanation:
The computation of the interest is shown below:
= Principal × rate of interest × number of days ÷ (total number of days in a year)
= $140,000 × 7.25% × (30 days ÷ 360 days)
= $845.83
Simply we applied the simple interest formula by multiplying the principal, interest rate and the time period so that it can arrive with the correct amount
Answer:
he actually died
Explanation:
he died of an accidental drug overdose which caused him to have a seizure.
Answer:
The correct answer is option d.
Explanation:
The firms are expected to maximize profits, the laborers are expected to accept the best offer and the rational consumer is expected to choose the bundle of good that maximizes utility.
Firms will produce the output level where their profits are maximized. The consumer will consume at the level where their total utility is maximized and the laborer will accept the best offer to maximize his benefit.
Answer:
1. Accounts receivable due = Accounts receivable + Allowances
2008
= 760,100 + 26,259
= $786,359
2009
= 840,810 + 23,936
= $864,746
2. Amount of receivable written off = Beginning balance for Allowance for doubtful accounts + Bad debt - Closing balance for allowance for doubtful accounts
= 9,200 + 3,400 - 9,148
= $3,452
3. Gross sales = Net Sales + Sales returns
Sales Returns = Closing balance for reserve for product returns + goods returned - Opening balance for reserve for product returns
= 14,788 + 3,440 - 17,059
= $1,169
Gross sales in 2009 = 6,244,800 + 1,169
= $6,245,969
4. Cash collected = Credit Sales - Goods returned - Bad debts written off - Ending receivables balance + Beginning receivables balance
= 6,245,969 - 3,440 - 3,452 - 864,746 + 786,359
= $6,160,690
<span>d) stayed the same would be the answer </span>
