Answer:
3/8
Step-by-step explanation:
3/4 x 1/2 = 3/8
Answer: False
Step-by-step explanation:
$682.11
749.99•15% or .15=112.50
So 749.99-112.50=$637.49 and
637.49 • 7% or .07= 44.62 and
44.62+637.49=$682.11
Answer:
Since on July 9, Mifflin Company receives a $ 10,200, 90-day, 6% note from customer Payton Summers as payment on account, to determine what entry should be made on July 9 to record receipt of the note the following calculation must be performed :
90 days = 3 months
6/12 x 3 = 1.5%
10,200 x 1,015 = 10,353
Therefore, a debt cancellation for $ 10,200 must be made in the company's accounting records, plus an interest generation for $ 153, which will be justified by the cash income of $ 10,353.
Answer: simplified ratio would be 3:2
Step-by-step explanation: the ratio would be 12:8
