Answer:
Explanation:
Step 1. Given information.
- City of 200 people
- 100 rich, 100 poor.
Step 2. Formulas needed to solve the exercise.
- P(poor) = 0.9x^2
- P(rich)= 35x-0.1x^2
Step 3. Calculation and step 4. Solution.
P(poor) = p (rich)
0.9x2 = 35x - 0.1x2
1x2 = 35x
x = 35
x is the percentage of rich above 50%, thus there are 35% rich people above 50%.
P (poor) = 1102.5
P (rich) = 1102.5
The equilibrium premium is $1,102.5
Answer:
Produce throughout the shorter term but depart the industries run if the circumstances don't start changing because the losses are incurred.
Explanation:
The given values are:
Gold sells,
Q = 50
Price,
= $5000
Total cost,
= $300,000
Fixed cost,
= $100,000
So,
⇒ 
⇒ 
($)
Now,
⇒ 
⇒ 
So that,
⇒ 
On substituting the values, we get
⇒ 
⇒ 
So the above is the correct answer.
Answer:
The answer is A. A debit to Accounts Receivable for $ 586,080
Explanation:
Sales tax is an additional amount of money one pays based on a percentage of the selling price of goods and services that are purchased.
The sales tax amount will be added to sales revenue to form the total bill.
Sales revenue ----------------- $528,00
Sales tax -------------------------- 11%
Sales tax amount
$528,00 x 0.11
= $58,080
Therefore, total bill is:
$528,00 + $58,080
=$586,080.
Debit increases an asset(accounts receivable) while credit decreases an asset(accounts receivable).
Since the accounts receivable will increase, it will be on debit side.
Answer:
Accounts receivable (Dr.) $1,075
Sales revenue (Cr.) $1,075
Cost of goods sold (Dr.) 800
Finished goods (Cr.) 800
where
Dr. = Debit
Cr. = Credit
Explanation:
The inventory account of a manufacturing firm has three sub-accounts: Raw materials, Work-in-process, and Finished goods. The goods purchased by the company were sold without any work done. It means that they were purchased in finished form, so, the company will record these goods in its finished goods inventory. When goods are sold, we have to record sales and receivable. AND on the same time, under perpetual inventory system, the cost of goods that are sold and inventory account are also adjusted to reflect the changes.
Answer:
The most likely reason that the other users cannot print is; The printer is malfunctioning and requires service
Explanation:
