Sandy is currently 8 years old.
Start by using x for Sandy's current age and x + 5 for Megan's current age.
Since we know the above, we can find their age's as of 4 years ago as both of those minus 4. So Sandy 4 years ago was x - 4 years old and Megan was x + 1 years old.
Now we can set up an equation that shows that Megan's age 4 years ago was equal to Sandy's age 4 years ago times 3 minus 3.
x + 1 = 3(x - 4) - 3
x + 1 = 3x - 12 - 3
x + 1 = 3x - 15
x + 16 = 3x
16 = 2x
8 = x
Which is Sandy's current age.
Answer:
$49,950
Explanation:
X = amount in account
Make (x times the interest rate) equal to the $9.99 you will need to earn to cover the fee.
.02%* x = 9.99
.0002x= 9.99 (Divide both sides by .0002)
x = $49,950
With such a small interest rate, you will need to have a large sum of money in order to earn enough to cover the fee.
<span>Eastern Europe has become successful at manufacturing automobiles and Electronic products. In actuality, Central and Eastern Europe (CEE) have emerged as a global leader in the electronics industry. Hungary has been the area to experience the most growth in the electronics world.</span>
Answer:
Debit Depreciation Expense, $525;
Credit Accumulated Depreciation, $525.
Explanation:
Based on the information given in a situation where the financial statements are to be prepared on December 31, which means that the company should make the following adjusting entry:
Debit Depreciation Expense, $525
Credit Accumulated Depreciation, $525
Calculated as:
Debit depreciation expense $6,300/12
Debit depreciation expense=$525
Answer:
USING LIFO METHOD
Nov 1 Opening inventory 20 [email protected]$19 = 380
Nov 4 Sales 10 [email protected]$19 = (190)
Nov 10 Purchases 30 [email protected]$20 = 600
Nov 17 Sales 20 [email protected]$20 = (400)
Nov 30 Purchases 10 [email protected]$21 = <u>210</u>
Cost of merchandise sold <u> 600 </u>
The correct answer is B
Explanation:
In LIFO method of inventory valuation, most recent stocks are issued first. For instance, sales of 10 units in November 4 will be issued from the November 1 opening inventory and valued at the price of opening inventory.November 17 sales will be issued from November 10 purchases and valued at the price of November 10 purchases.
