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Ipatiy [6.2K]
3 years ago
14

What may happen if the threaded heating element in percolator is not very tightly mounted

Business
1 answer:
Bess [88]3 years ago
5 0
If the threaded heating element in a percolator is not very tightly mounted a leak may develop. For percolators, all mating surfaces must be tightly screwed together in order to prevent leaking. A build up of hard water deposits, dried milk and other such substances around the gasket may also result in leaking.
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Quanti Co., a calendar-year taxpayer, purchased small tools for $5,000 on December 21, Year 1, representing the company’s only p
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Answer: Option A is the right answer

Explanation:  Evidences in most cases has shown that MACRS  is all about applying convention for one and a half year on assets. So when an entities owns 35-40% of an asset in forth quarter, Mid quarter convention will  be applied for only one half of the last quarter, logically one and half month in the last quarter.

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How does a non-binding price ceiling impact equilibrium price and quantity in a competitive market?
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Oriole Company has the following transactions related to notes receivable during the last 2 months of the year. The company does
NikAS [45]

Answer:

See explanation

Explanation:

Nov. 1   Notes receivable - C. Bohr        Debit        $52,200

            Cash                                            Credit       $52,200

To record the loan provided to C. Bohr issuing a 7%, 12-month note.

Dec. 11  Notes receivable - K. R. Pine     Debit        $1,800

            Sales revenue                            Credit        $1,800

To record the sales revenue by issuing a 8%, 90-day note.

Dec. 16  Notes receivable - A. Murdock           Debit        $4,800

             Accounts receivable - A. Murdock     Credit        $4,800

To record the settlement of an open account by issuing a 180-day, 10% note.

Dec. 31   Interest Receivable           Debit       $681 (Note - 1)

              Interest Revenue               Credit      $681

To record the interest revenue accrued on December 31.

Calculation:

November 1 Interest from C. Bohr =  $52,200 × 7% × (2÷12) = $609

December 11 Interest from K. R. Pine = $1,800 × 8% × (20÷90) =  $32

December 16 Interest from A. Murdock = $4,800 × 10% × (15 ÷ 180) = $40

Total Interest = $681

5 0
3 years ago
15 POINTS!!! HELP - QUICK!!!
harkovskaia [24]

Answer:

An owner is personally liable for business debts.

All profits go to shareholders.

Explanation:

8 0
3 years ago
Read 2 more answers
Suppose initially that two assets, A and B, will each make a single guaranteed payment of $200 in one year. But asset A has a cu
Bumek [7]

Answer:

we are only given information about assets A and B, no information is given about assets C or D. But you should be able to solve the question in a similar manner.

  • rate of return asset A = 42.86%
  • rate of return asset B = 25%

Explanation:

using the future value formula

Asset A:

future value = present value x (1 + r)ⁿ

future value = $200

present value = $140

n = 1

1 + r = $200 / $140 = 1.4286

r = 0.4286 = 42.86%

Asset B:

1 + r = $200 / $160 = 1.25

r = 0.25 = 25%

8 0
3 years ago
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