Answer:
The publishing house is not using cost minimizing combination of printers and printing press.
Explanation:
The publishing house go towards more of printers and less of printing press because the cost of printing price is almost three times higher than the cots of printers. Also the output of printing press is lower and the output of printers is almost double. The publishing house should use such a combination of both the available resources which maximizes its revenue.
Answer:
Cash would be debited $5,000 on the left side of the T account. Unearned programming service revenue will be credited $5,000 on the right side of T account.
Explanation:
When cash is received, cash increases and is debited by $5,000 (note Cash is an asset account, when asset and expense accounts increase they are debited. When revenue, liability, and owner's equity increase they are credited).
The revenue for this service is not earned yet so we pass the other leg of the entry to Unearned Programming Revenue. It is a revenue account so when it increases we credit. So we credit $5,000 to this account.
Based on these facts Mary Jameson is qualified to run for Governor of Florida if she wants to. To qualify to run for Governor you must have been a citizen of the United States for 15 years, a legal resident of the state you are running in for 6 years and be at least 30 years old when you take office.
Additional Interest earned in 45 years is $30185.14
<u>Explanation:</u>
Given-
Principal, P = $4500
Rate, r = 7.2%
Time,
= 40 years
= 45 years
Interest = ?
We know,
![A = P ( 1 + \frac{r}{n} )^n^t](https://tex.z-dn.net/?f=A%20%3D%20P%20%28%201%20%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%5En%5Et)
![A = 4500(1 + 0.072)^4^0\\\\A = 4500 * 16.136\\\\A = $72611.25\\\\](https://tex.z-dn.net/?f=A%20%3D%204500%281%20%2B%200.072%29%5E4%5E0%5C%5C%5C%5CA%20%3D%204500%20%2A%2016.136%5C%5C%5C%5CA%20%3D%20%2472611.25%5C%5C%5C%5C)
To calculate the interest,
![A = P + I\\I = A - P\\\\I = $72611.25 - $4500\\I = $68111.25](https://tex.z-dn.net/?f=A%20%3D%20P%20%2B%20I%5C%5CI%20%3D%20A%20-%20P%5C%5C%5C%5CI%20%3D%20%2472611.25%20-%20%244500%5C%5CI%20%3D%20%2468111.25)
Interest after 45 years:
![A = P ( 1 + \frac{r}{n} )^n^t](https://tex.z-dn.net/?f=A%20%3D%20P%20%28%201%20%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%5En%5Et)
![A = 4500(1 + 0.072)^4^5\\\\A = 4500 * 22.844\\\\A = $102796.39\\\\](https://tex.z-dn.net/?f=A%20%3D%204500%281%20%2B%200.072%29%5E4%5E5%5C%5C%5C%5CA%20%3D%204500%20%2A%2022.844%5C%5C%5C%5CA%20%3D%20%24102796.39%5C%5C%5C%5C)
Interest-
![A = P + I\\I = A - P\\\\I = $102796.39 - $4500\\I = $98296.39](https://tex.z-dn.net/?f=A%20%3D%20P%20%2B%20I%5C%5CI%20%3D%20A%20-%20P%5C%5C%5C%5CI%20%3D%20%24102796.39%20-%20%244500%5C%5CI%20%3D%20%2498296.39)
Additional Interest earned in 45 years = $98296.39 - $68111.25
= $30185.14
Therefore, additional Interest earned in 45 years is $30185.14