Answer:
Interest receivable $600
Explanation:
The interest is just for 9 months and the cash for the interest has not been received yet, so debit Interest Receivable.
Interest is calculated using the formula:
interest=Principal x rate x time
$16,000 x 5% x 9/12 = $600
Interest Revenue would be credited for $600, but that is reported on the Income Statement, not the Balance Sheet.
Answer:
R = 4 customers per minute
I = 12 customers in line
average time (T) = 3 minutes per customer
Explanation:
if we follow Little's Law and its assumptions: L = λW
- L = average number of clients in line = 12
- λ = arrival or departure rate = 4 per minute
- W = average waiting time
W = L / λ
average waiting time = average number of clients in line / average number of clients arriving (or departing) = 12 / 4 = 3 minutes
Little's Law can also be written as I = RT
I = L
R = λ
Answer:good question. Wait for the answer
Explanation:
Answer: 17 pet rocksAssumption - Rosa dug the pet rocks in her backyard thus zero cost for inputs.Given: Selling price/rock - $5Rent of table - $5Package cost/rock - $2X = the minimum number of pet rocks to be sold to gain profit5X=50+2X5X-2X=503X=50X=50/3
