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aleksandrvk [35]
3 years ago
13

You transferred $6,456 from your checking account to your savings account. The balance in savings was $7,870 before the transfer

. By what percent did your savings account increase after the transfer?
Business
2 answers:
SVEN [57.7K]3 years ago
7 0

Answer:

82%

Explanation:

Trust me.

Viefleur [7K]3 years ago
3 0

Answer:45 percent

Explanation:

saving account before transfer=$7870

Saving account after transfer=7870+6456=14326

Percentage increase=(14326-7870)/14326 x 100

Percentage increase=6456/14326 x 100

Percentage increase=0.45 x 100

Percentage increase=45

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As part of his overall stock portfolio, jason bought a few shares of facebook. in this context, he would best be described as __
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3 years ago
Riverboat Adventures pays $310,000 plus $15,000 in closing costs to buy out a competitor. The real estate consists of land appra
netineya [11]

Answer:

Land 32,500

Explanation:

\left[\begin{array}{cccc}&fair \: value&percent&accounting\\land&35,000&0.1&32,500\\bulding&105,000&0.3&97,500\\paddleboats&210,000&0.6&195,000\\&350000&&325000\\\\\end{array}\right]

We will first calcualte the percent of each component of the real state.

Then we multiply by the total cost paid, which is 325,000

This is the amount we should enter the assets into accounting

3 0
3 years ago
Read 2 more answers
All sales are made on credit. Based on past experience, the company estimates 2.5% of ending account receivable to be uncollecti
Misha Larkins [42]

Answer:

Debit Bad Debts Expense $12,475

Credit Allowance for Doubtful Accounts $12,475

Explanation:

Calculation for estimated bad debts expense:

Explanation

Accounts receivable * Sales uncollectible

$445,000×0.025

=11,125

Hence:

11,125 +Allowance for Doubtful Accounts 1,350

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4 0
3 years ago
A reason for government involvement in a market economy is:
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Answer:

d. All of these answers are correct.

Explanation:

A market economy is where production decisions are made by the forces of demand and supply. Means of production are privately owned .

The government intervenes in a market economy for all the above stated reasons.

I hope my answer helps you.

5 0
3 years ago
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