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Mademuasel [1]
2 years ago
6

A computer processor costs $69.00. It is expected that in 8 months the processor will cost 1/3 its current price. How much will

it cost in 8 months?
Mathematics
2 answers:
dolphi86 [110]2 years ago
8 0

Given:

Current price of computer processor = $69.00

It is expected that in 8 months the processor will cost 1/3 its current price.

To find:

The cost of the computer processor after 8 months.

Solution:

According to the given question,

\text{Price after 8 months}=\dfrac{1}{3}\times \text{Current Price}

\text{Price after 8 months}=\dfrac{1}{3}\times 69

\text{Price after 8 months}=13

Therefore, the cost of the computer processor after 8 months is $13.00.

noname [10]2 years ago
7 0

Answer:

$23.99

Step-by-step explanation:

To find the cost of the processor in 8 months, first multiply the cost of the processor, $69, by the fraction of its expected cost, 1/3.

Write the whole number over 1, then multiply the numerators and mutiply the donominators.

69*1/3

=69/1 * 1/3 = 23/1 = 23

Therefore, the processor will cost $23.00

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Allowance method entries
Feliz [49]

Using the Allowance Method, the relevant transactions can be completed in the books of Wild Trout Gallery as follows:

1. <u>Allowance for Doubtful Accounts</u>

Accounts                                          Debit       Credit

Jan. 1 Beginning balance                             $53,800

Jan. 19 Accounts Receivable                           2,560

Apr. 3 Accounts Receivable       $14,670

July 16 Accounts Receivable        19,725

Nov. 23 Accounts Receivable                         4,175

Dec. 31 Accounts Receivable       25,110

Dec. 31 Ending balance          $56,500

Dec. 31 Bad Debts Expenses                   $55,470

Totals                                        $116,005  $116,005

<u>Accounts Receivable</u>

Accounts                                          Debit               Credit

Jan. 1 Beginning balance           $2,290,000

Jan. 19 Allowance for Doubtful           2,560

Jan. 19 Cash                                                            $2,560

Apr. 3  Allowance for Doubtful                                14,670

July 16  Allowance for Doubtful                              19,725

July 16  Cash                                                             6,575

Nov. 23  Allowance for Doubtful         4,175

Nov. 23 Cash                                                             4,175

Dec. 31  Allowance for Doubtful                             25,110

Dec. 31   Sales Revenue            8,020,000

Dec. 31   Cash                                               $8,944,420

Dec. 31 Ending balance                                 $1,299,500

Totals                                        $10,316,735 $10,316,735

3. Expected net realizable value of the accounts receivable as of December 31 = $1,243,000 ($1,299,500 - $56,500)

Allowance for Doubtful Accounts ending balance = $40,100 ($8,020,000 x 0.5%)

<u>Allowance for Doubtful Accounts</u>

Accounts                                          Debit       Credit

Jan. 1 Beginning balance                             $53,800

Jan. 19 Accounts Receivable                           2,560

Apr. 3 Accounts Receivable       $14,670

July 16 Accounts Receivable        19,725

Nov. 23 Accounts Receivable                         4,175

Dec. 31 Accounts Receivable       25,110

Dec. 31 Ending balance           $40,100

Dec. 31 Bad Debts Expenses                  $39,070

Totals                                        $99,605   $99,605

4. a. Bad Debt Expense for the year = $39,070

4.b. Balance for Allowance Accounts = $40,100

4.c. Expected net realizable value of the accounts receivable = $1,259,400 ($1,299,500 - $40,100)

Data Analysis:

Jan. 19 Accounts Receivable $2,560 Allowance for Uncollectible Accounts $2,560

Jan. 19 Cash $2,560 Accounts Receivable $2,560

Apr. 3 Allowance for Uncollectible Accounts $14,670 Accounts Receivable $14,670

July 16 Cash $6,575 Allowance for Uncollectible Accounts $19,725 Accounts Receivable $26,300

Nov. 23 Accounts Receivable $4,175 Allowance for Uncollectible Accounts $4,175

Nov. 23 Cash $4,175 Accounts Receivable $4,175

Dec. 31 Allowance for Uncollectible Accounts $25,110 Accounts Receivable $25,110

Accounts Receivable ending balance = $1,299,500

Allowance for Uncollectible Accounts ending balance = $56,500

Learn more: brainly.com/question/22984282

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School a has 18 staff and 225 students.
Pavel [41]

Answer:

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Step-by-step explanation:

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School B has a ratio of 23/322 = 2/28 = 1/14 staff to students
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