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marissa [1.9K]
3 years ago
15

Accrual income versus cash flow for a period. Thomas Book Sales, Inc., supplies textbooks to college and university bookstores.

The books are shipped with a proviso that they must be paid for within 30 days but can be returned for a full refund credit within 90 days. In 2018, Thomas shipped and billed book titles totaling $720,000. Collections, net of return credits, during the year totaled $651,637. The company spent $285,058 acquiring the books that it shipped. a. Using accrual accounting and the preceding values, show the firm's net profit for the past year. b. Using cash accounting and the preceding values, show the firm's net cash flow for the past year. C. Which of these statements is more useful to the financial manager? Why? a. Using accrual accounting and the preceding values, show the firm's net profit for the past year in the following table. (Round to the nearest dollar.) Accounting View (accrual basis) Thomas Book Sales, Inc. Income Statement for the Year Ended 12/31 Sales revenue Less: Costs Net profit ai at b. Usina cash accounting and the precedina values. show the firm's net cash flow for the past vear in the followina table. (Round to the nearest dollar.) ce Click to select your answer(s). Tools > ere to search
​
Mathematics
1 answer:
agasfer [191]3 years ago
4 0

This is Q.a

I hope this helps

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The equation that represents the relationship between the number of liters, x, and the number of liquid pints, y is y = 2.11x

<h3>How to determine the equation?</h3>

The attached table of values represents the missing piece in the question.

Start by calculating the rate of change using:

m = (y2 - y1)/(x2 - x1)

This gives

m = (14.77 - 10.55)/(7- 5)

Evaluate

m = 2.11

The equation is then calculated using:

y = m(x - x1) + y1

This gives

y = 2.11(x - 5) + 10.55

Evaluate

y = 2.11x - 10.55 + 10.55

y = 2.11x

Hence, the equation that represents the relationship between the number of liters, x, and the number of liquid pints, y is y = 2.11x

Read more about linear equations at:

brainly.com/question/14323743

#SPJ1

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7 0
3 years ago
(x−3)÷9=11<br> help idk how to do this
Bess [88]

Answer:

102

Step-by-step explanation:

papa math will help you

x−3

9

=11

Step 1: Multiply both sides by 9.

x−3

9

=11

(

x−3

9

)*(9)=(11)*(9)

x−3=99

Step 2: Add 3 to both sides.

x−3+3=99+3

x=102

Answer:

x=102

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https://www.mathpapa.com/algebra-calculator.html?q=(x%E2%88%923)%5Cdiv9%3D11

x−3

9

=11

Step 1: Multiply both sides by 9.

x−3

9

=11

(

x−3

9

)*(9)=(11)*(9)

x−3=99

Step 2: Add 3 to both sides.

x−3+3=99+3

x=102

Answer:

x=102

Close Ad

Back to Algebra Calculator »

Share this page

Share URL:

https://www.mathpapa.com/algebra-calculator.html?q=(x%E2%88%923)%5Cdiv9%3D11

x−3

9

=11

Step 1: Multiply both sides by 9.

x−3

9

=11

(

x−3

9

)*(9)=(11)*(9)

x−3=99

Step 2: Add 3 to both sides.

x−3+3=99+3

x=102

Answer:

x=102

Close Ad

Back to Algebra Calculator »

Share this page

Share URL:

https://www.mathpapa.com/algebra-calculator.html?q=(x%E2%88%923)%5Cdiv9%3D11

6 0
3 years ago
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