Answer:
The Parry Glitter Company
The Parry Glitter Company should record the Notes Receivable as $300,000.
It should also record the interest receivable per year as $24,000 and the advertising cost as $24,000 per year. These bring into the accounting records the interest revenue and also the advertising expense, which eventually cancel each other.
Step-by-step explanation:
a) Data and Calculations:
Notes Receivable = $300,000
If the notes receivable are repaid at the end of 3 years and it is assumed that the interest on the notes receivable = 8%
Therefore, the cost of the free advertising will be equal to $24,000 ($300,000 * 8%), which is the cost of the interest to the radio station.
Answer:
Slope = -4
Step-by-step explanation:
Given points are :
(-1,30) and (4, 10)
We need to find the slope of the line that passes through these points.
We know that, the formula for the slope of line is given by :
We have, x₁ = -1, y₁ = 30, x₂ = 4 and y₂ = 10
Put values in the above formula.
So, the slope of the line is -4.
Mike biked 10 miles in 1.5 hours. Mila bikes at the same rate too.
Therefore, she will bike x miles in 3.5 hours
(10/1.5) = (x/3.5)
You cross multiply
1.5x = 10 x 3.5
1.5x = 35
x = 35/1.5
x = 23 miles (approximately)
I hope this helps
A planet's day is the time it takes the planet to rotate or spin once on its axis. Saturn rotates faster than Earth so a day on Saturn is shorter than a day on Earth. A day on Saturn is 10.656<span> hours long while a day on Earth is </span>23.934<span> hours long.</span><span />
Answer:
35/4
Step-by-step explanation:
Change -1 2/3 into -5/3. Change -5 1/4 into -21/4.
Multiply -5/3 by -21/4= 105/12
Reduces down to 35/4
