Question:
The Martinez family walked three over five of a mile in three over eight of an hour. What equation can be used to calculate their unit rate in miles per hour?
Answer:
mile per hour
Explanation:
Given
Distance = 3/5 mile
Time = 3/8 hour
Required
Equation to calculate their unit rate in miles per hour?
To get the equation to calculate their unit rate in miles per hour, follow the steps below;
Step 1: Determine what miles per hour represent;
We know that mile is a measure of distance and hour is a measure of time.
The ratio of these two is a measure of speed.
Hence, the question can be interpreted as write an equation to calculate their speed
Step 2: Calculate their speed
We can calculate speed using the following formula

By Substitution

The above expression is the equation that can be used to calculate their unit rate in miles per hour (in other words, their speed)
Solving this expression, we have

Convert division to multiplication


Convert to mixed fraction

Hence, the expression is
mile per hour
Answer:
A.she wants to identify the amount of money, and effort required to realize her goals.
Explanation:
The aim for knowing how much would a goal cost is to put the sufficient amount of effort, energy, resources required to chieve this goal.
Answer: E) A and C
Explanation:
A Call option is an option to buy a security at a certain price in future. The option is only exercised if the market price of the security is higher than the option price of the security. When this happens the Call is said to be <em>in the money. </em>On expiration day, the price of Google is $425 which is higher than the option price of $410 so the Call is in the money. Option A is correct.
The option premium is the amount paid for the option contract and so is an expense. Payoff is calculated as;
= Market Value - (Option Price + Option premium)
= 425 - ( 410 + 5)
= $10
Option C is correct as well.
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Answer:
C) Debit Bad Debts Expense $4,300; credit Allowance for Doubtful Accounts $4,300
Explanation:
accounts receivable $375,000
allowance for uncollectible accounts $500
net sales $800,000, all on credit
estimated bad debts = net credit sales x 0.6% = $800,000 x 0.6% = $4,800
since the balance of the allowance account is just $500, it must e adjusted to include the remaining estimated bad debt = $4,800 - $500 = $4,300
the journal entry should be:
December 31, adjustment of bad debt expense
Dr Bad debt expense 4,300
Cr Allowance for uncollectible accounts 4,300
Allowance for uncollectible accounts is a contra asset account that reduces the value of accounts receivable and has a credit balance.