Answer:
Step-by-step explanation:
In March, Your Co. will collect 20% of January's sales, 30% of February's sales, and 50% of March's sales:
.20×50 +.30×40 +.50×60 = 10 +12 +30 = 52
Similarly, in April, collections will be ...
.20×40 + .30×60 + .50×30 = 8 +18 +15 = 41
Answer:
The debit and credits for the tax proration will be as follows:
Debit seller for $483.29; and Credit buyer for $483.29.
Step-by-step explanation:
The assignment of how much is owed to the responsible party is the major reason of a proration.
For the days owned by the seller, the buyer needs money from the seller since the buyer will pay the taxes at end of the year.
Amount per day = Annual tax bill / 365 = $2800 / 365 = $7.67
Total number of days from January 1 to a day before March 5 = Number of days in January + Number of days in February + Number of days from March 1 to March 4 = 31 + 28 + 4 = 63
Amount the seller owes for the time he owned = Amount per day * Total number of days from January 1 to a day before March 5 = $7.67 * 63 = $483.29
Therefore, the debit and credits for the tax proration will be as follows:
Debit seller for $483.29; and Credit buyer for $483.29.
Answer:
a) 7 weeks b) George's
Step-by-step explanation:
Sally's score can be modeled by 10x+850.
George's score can be modeled by 50x+570.
We can set them equal to each other to see when they intersect.
10x+850=50x+570
40x=280
x=7
If George overtakes her in the 7th week, of course he'll have the higher score in 12 weeks.
The answer is x=5 and y=-2
