How you write 8.216 in scientific notation; 8.216 * 10 ^ 3
10 ^ 3 = 10 to the 3rd power.
Answer:
The percent error is 40%.
Step-by-step explanation:
5 (actual time) - 3 (estimated time) = 2
2 divided by 5 (actual time) = 0.4
0.4 x 100 = 40%
516+497+501+528+476= 2518
2518/5= 503.6
round up to 504
Answer:
The Parry Glitter Company
The Parry Glitter Company should record the Notes Receivable as $300,000.
It should also record the interest receivable per year as $24,000 and the advertising cost as $24,000 per year. These bring into the accounting records the interest revenue and also the advertising expense, which eventually cancel each other.
Step-by-step explanation:
a) Data and Calculations:
Notes Receivable = $300,000
If the notes receivable are repaid at the end of 3 years and it is assumed that the interest on the notes receivable = 8%
Therefore, the cost of the free advertising will be equal to $24,000 ($300,000 * 8%), which is the cost of the interest to the radio station.
