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3 years ago

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pin Co. has $52,000 in its Cash account, $20,000 in its Inventory account, and $12,000 in its Notes Payable (short-term) account

. If Spin’s only other account is Common Stock, what is the balance of that account?

1 answer:

KatRina [158]3 years ago

5 0

Answer:

60000

Step-by-step explanation:

Assets - liabilities = share holder equity

(52,000+20,000)−12,000=60000

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What is 25% Of 30% Of 400?

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Answer:

25% of 30% of 400 = 30

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Step-by-step explanation:

You can either get 30% of 400 first then 25% of 400 or you can get the total percentage of 400.

Method 1:

30% of 400 = 0.3 of 400 = 0.3 * 400 = 120

25% of 120 = .25 of 120 = .25 * 120 = 30

Method 2:

30% of 25% = 0.3 * 0.25 = 0.075 = 7.5% of 400

7.5% of 400 = 0.075 of 400 = 0.075 * 400 = 30

5.) To find the percentage of the new price, you can build the equation below.

$\frac{new price}{original price} = \frac{percent}{100}$

$\frac{200,000}{300,000} = \frac{x}{100}$

$20,000,000 = 300,000x$

$x = 66.667$

The percentage decrease in price is then 100% of the original price - 66.667% of the original price = 100% - 66.67% = 33.33% = 33% decrease.

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