Answer:
The correct option is (b)
Step-by-step explanation:
Chart of accounts refers to listing or arranging various accounts for the ease of locating them. Listing is done based on the order of appearance beginning with balance sheet and then income statement.
The order starts with assets, followed by liabilities and stockholders' equity from the balance sheet and revenue and expenses from income statement.
So, the correct order is stated in option (b).
Answer:
-11/7
Step-by-step explanation:
Answer:
5 years ago
Let Kelly's age be x
Jake's age is 4x
5 years later
Kelly's age is x + 5
Jake's age is 4x+5
The sum of both their ages is 60. The equation will be
x + 5 + 4x + 5 = 60
5x + 10 = 60
5x = 60 - 10
x = 50/5 = 10
So Kelly is (10 + 5) 15 years old.
Jake is (4*10 + 5) = 45 years old
Answer:
B. 8.66%
Step-by-step explanation:
In this case we have to evaluate the following formula:
n = e ^ (k * t)
where n would be the growth rate, we are told that it doubles therefore it is 2.
k is the monthly rate and time, 8 months.
Solved for k, we are left with:
ln (n) = k * t
k = ln (n) / t
replacing we have:
k = ln (2) / t = 0.693 / 8
k = 0.0866
If we take this to a percentage it would be 0.0866 * 100 = 8.66%
Therefore the answer is B.
