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3 years ago

Qtr5g66677 Math problem

Business

1 answer:

Aleonysh [2.5K]3 years ago

4 0

Answer:

The dot over a number signifies that it is a repeater which would go on for ever, as when we endeavor to describe 1/3 decimally as 0.33333 . . . . (etc)

With a series of numbers we place the dot over the first and last, as with 0.97979797979 . . . (etc)

The remarkable feature being that a proper fraction divided by 9s e.g. 46/99 is exactly equal to the numerator with the repeater sign followed by the decimal.

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Myers, who is single, has compensation income of $72,000 in 2020. He is an active participant in his employer’s qualified retire

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Answer

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Explanation:

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3 years ago

Bravo company had $5,100 of supplies on hand at the beginning of 2016. on march 31 bravo purchased an additional $12,400 of supp

lana66690 [7]

Supplies expense is $11,400.00.

Expenses = Beg Inv + Addl Inv - Remaining
= 5,100 + 12,400 - 6,100
= 11,400

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3 years ago

Read 2 more answers

When a seller gives permission to a broker to submit the property to the MLS, the seller is authorizing the broker to make a bla

Rudiy27

Explanation:

MLS stands for Multiple Listing or Multiple Listing System. MLS is such a service that is built to assist various brokers in reviewing the lists of various properties in different areas. This list help others purchase their own property to their taste as well as sell their properties.

Under new regulations, when a seller permits a broker to send property to MLS, the broker can make a unilateral blanket bid to agree to accept or refuse all members of that MLS sub-agency.

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3 years ago

According to generally accepted accounting principles (GAAP), revenue is recognized as income when:

bogdanovich [222]

Answer:

the transaction is complete and the goods or services are delivered.

Explanation:

According to generally accepted accounting principles (GAAP), the revenue should be recognized when the goods or services are delivered and the transaction is completed in all respects.

The revenue recognition principle applies when the revenue is realized or earned whether cash is received or not plus it also follows the accrual basis of accounting. Here, realizable means that customer received the product but the payment is made at the later date

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3 years ago

Service Revenue for the year = $80,000. Of this amount, $70,000 is collected during the year and $10,000 is expected to be colle

galina1969 [7]

Answer:

Net Cash Inflow from Operating Activities = $16,000

Explanation:

In the given information, it is not provided that cash is paid or not for Supplies, thus, assumed it was paid at the time of acquisition, and not in the current period when it is only charge to expense.

In that case, Cash generated from operating activities using direct method, shall be:

Cash flow from Operating Activities

Cash revenue collected = $70,000

Cash collected in advance = $2,000

Total cash inflow = $72,000

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Cash paid for advertising expense = - $10,000

Cash paid for utilities = - $11,000

Total Cash outflow = - $56,000

Net Cash Inflow from Operating Activities = $16,000

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3 years ago