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horsena [70]
3 years ago
12

Leisha grew 4.5 inches and gained 3 pounds last year. about how many years old is leisha likely to be?

Business
1 answer:
Nadya [2.5K]3 years ago
7 0
Leisha is likely to be about three years old. This is because, between age two and three, children usually increase in length by about  3 - 5 inches and gained about 4 pounds. In the first two years of life, growth is faster than this while between the ages of four and six, growth is slower.
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Prepare journal entries to record the following transactions for a retail store. The company uses a perpetual inventory system a
atroni [7]

Answer: Check attachment

Explanation:

Apr. 17:

Account payable:

= $6500 - $900

= $5600

Merchandise Inventory

= $5600 × 2%

= $5600 × 0.02

= $112

Cash = $5600 - $112

= $5488

Apr. 28:

Account payable:

= $12300 - $500

= $11800

Merchandise inventory

= $11800 × 1%

= $11800 × 0.01

= $118

Cash = $11682

Check attachment

8 0
3 years ago
Assuming that the exchange of Assets A and B has commercial substance, record the exchange for both Culver, Inc. and Larkspur, I
Marizza181 [45]

Answer:

Explanation:

Culver, Inc assets

Assets B. 75,000

Accumulated Depreciation

40,000

Asset A96,000

Cash. 15,000. Gain on exchange. 4,000

Larkspur Asset

(Asset B)

Asset A. 60,000. Accumulated Depreciation 47,000.

Cash. 15,000. Asset B. 110,000. Gain on exchange. 12,000. (b) let's say that the exchange of Assets A and B lacks commercial substance, record the exchange for both Culver, Inc. and Larkspur, Inc . in accordance with generally accepted accounting principles.

Culver's Asset (Asset A)

Asset B. 71,000

Accumulated Depreciation

40,000

Asset A.

96,000

Cash. 15,000

Larkspur Asset (Asset B)

Asset A. 50,400

Accumulated Depreciation

47,000

Cash. 15,000

Asset B. 110,000

Gain on exchange. 2,400.

6 0
3 years ago
As a sojourner sent by her company, robin would like to spend some time establishing a friendship with a member of the new cultu
san4es73 [151]
<span>The sojourner's desire to establish friendships with new cultures and exploring the countryside is a Short Term Goal because to be a sojourner means to temporarily reside in a certain place.</span>
7 0
3 years ago
"rising inventories typically indicate _____ unplanned inventory investment and a _____ economy."
Arturiano [62]
Rising inventory typically indicate POSITIVE unplanned inventory investment and a SLOWING economy. Positive unplanned inventory usually occur when actual sales are less than expected while negative unplanned inventory occur when real GDP is smaller than planned aggregate spending.
6 0
3 years ago
Assume you can earn 9 % per year on your investments. a. If you invest $ 100 comma 000 for retirement at age​ 30, how much will
alekssr [168]

Answer:

(a) future value = $2041396.79

(b) future value = $862308.06

(c) financially suggest to invest early so that here amount  fetch maximum returns

Explanation:

given data

rate = 9%

solution

when we invest = $100,000

time t = 35 year

so we get here future value FV

FV = Present value × (1+r)^{t}  ...................1

FV = $100,000 × (1+0.09)^{35}  

FV = $2041396.79

and

when time will be 25 year

future value will be

FV =  Present value × (1+r)^{t} .................2

Fv = $100,000 × (1+0.09)^{25}

FV = $862308.06

and

we can see difference is large because of the compounding effect

so  the financially suggest to invest early so that here amount  fetch maximum returns

6 0
3 years ago
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