If a person invests $50 in a business and gets a percentage increase of 10%, then he would have $55 as his final payout.
<h3>What is an Investment?</h3>
This refers to the financial activity where a person puts money or an asset into a business or venture to gain profit after a period of time.
Hence, we can see that since your question is incomplete as it does not include the initial amount of both Demarco and Tanya, then a final payout cannot be found.
Read more about investments here:
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Answer:
z+y/5=x or z/5 + y/5 = x
Step-by-step explanation:
z=5x-y
add y to both sides
z+y=5x
divide both sides by 5
z+y/5=x or z/5 + y/5 = x
6.4$
Solution:
Divide 40 and 100(there must always be 100 when solving percentage) then it would be equal to 0.4
after it Multiply it to 16
so we get 6.4.
Answer:
Dr Cash/Bank $2,250
Cr Account Receivable $2,250
Step-by-step explanation:
At the time the transaction was carried out, that is the previous month, the accounting entries was a debit to account receivable (client account) and a credit to sales account. which is as shown below:
<em>Dr Account Receivable $2,250</em>
<em>Cr Sales $2,250</em>
<em>Being sales on credit to a client.</em>
The client account will have an outstanding debit balance of <em>$2,250 </em>until payment is made. once payment is made, the following entries will be made to ensure no outstanding balance in the client account.
Dr Cash/Bank $2,250
Cr Account Receivable $2,250.
