Answer:
Date General Ledger Debit Credit
May 24 Accounts Receivable-Old Town Café $18,450
Sales $18,450
Cost of goods sold $11,000
Inventory $11,000
Sept. 30 Cash $6,000
Allowance for Doubtful Accounts $12,450
Accounts Receivable-Old Town Cafe $18,450
Dec. 7 Accounts Receivable-Old Town Cafe $12,450
Allowance for Doubtful Accounts $12,450
Cash $12,450
Accounts Receivable-Old Town Cafe $12,450
Answer:
Acceleration, a = 28m/s²
Explanation:
Given the following data;
Initial velocity, u= 150m/s
Final velocity, v = 10m/s
Time, t = 5secs
To find the acceleration;
Acceleration, a = (v-u)/t
Substituting into the equation, we have;
Acceleration, a = (150-10)/5
Acceleration, a = 140/5
Acceleration, a = 28m/s²
Therefore, the acceleration of the drag racer is 28m/s².
Answer:
The rate that will give the same effective annual rate of return is 0.033%.
Explanation:
a) Data and Calculations:
APR = 12%
Semi-annual compound rate = 6% (12/2)
Assumed calendar days in a year = 360 days
Effective daily rate of return = 12%/360 = 0.033%
b) The conversion of semi-annual compounding to daily compounding results in reduced rate of return. In this case, we assume that there are 360 days in a year. Since the APR = 12%, it means that the daily rate of return will be 12%/360, which is 0.033%.
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
