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Marigold Industries collected $104,000 from customers in 2019. Of the amount collected, $24,400 was for services performed in 20

m_a_m_a [10]

Answer:

$\text{Net accrual income}=\$31,600$

Step-by-step explanation:

We have been given that Marigold Industries collected $104,000 from customers in 2019. Of the amount collected, $24,400 was for services performed in 2018. In addition, Marigold performed services worth $39,000 in 2019, which will not be collected until 2020.

Let us find revenue earned in 2019 by subtracting revenue earned from 2018 and adding revenue earned in 2019 to total revenue as:

$\text{Revenue in 2019}=\$104,000-\$24,400+\$39,000$

$\text{Revenue in 2019}=\$118,600$

Marigold Industries also paid $73,900 for expenses in 2019. Of the amount paid, $29,100 was for expenses incurred on account in 2018. In addition, Marigold incurred $42,200 of expenses in 2019, which will not be paid until 2020.

Now, we will find expenses in 2019 by subtracting expenses in 2018 and adding expenses in 2019 to total expenses as:

$\text{Expenses in 2019}=\$73,900-\$29,100+\$42,200$

$\text{Expenses in 2019}=\$87,000$

To find accrual net-income, we will subtract$87,000 from $118,600 as:

$\text{Net accrual income}=\$118,600-\$87,000$

$\text{Net accrual income}=\$31,600$

Therefore, the net accrual income for 2019 would be $31,600.

5 0

2 years ago

Pls answer me this all question

Scorpion4ik [409]

Answer:

a. $5 \frac{21}{40}$

b. $\frac{1}{42}$

Step-by-step explanation:

$a. \: 12 \frac{2}{5} - 6 \frac{7}{8}$

$\frac{62}{5} - \frac{55}{8}$

$\frac{62}{8} \times \frac{8}{8} - \frac{55}{8} \times \frac{5}{5}$

$\frac{62 \times 8 - 55 \times 5}{40}$

$\frac{221}{40}$

$5 \frac{21}{40}$

$b. \: \frac{3}{14} - \frac{4}{21}$

$\frac{3}{14} \times \frac{3}{3} - \frac{4}{21} \times \frac{2}{2}$

$\frac{3 \times 3}{42} - \frac{4 \times 2}{42}$

$\frac{1}{42}$

Hope it is helpful....

5 0

2 years ago

Read 2 more answers

Find the face value of the 20-year zero-coupon bond at 4.4%, compounded semiannually, with a price of $8,375.

umka21 [38]

<u>Given</u>:

Time,

t = 20 years

Rate,

r = 4.4%

Price

= $8,375

Now,

The yield will be:

= $\frac{4.4}{2}$

= $1.1$ (%)

Time will be:

= $20\times 2$

= $40 \ periods$

As we know the formula,

⇒ $Price \ of \ bond = \frac{Face \ value}{(1+\frac{r}{2} )^{n\times 2}}$

By substituting the values, we get

$8375=\frac{Face \ value}{(1+\frac{0.044}{2} )^{20\times 2}}$

$8375=\frac{Face \ value}{(1.022)^{40}}$

$8375=\frac{Face \ value}{2.3880083}$

The face value will be:

$Face \ value = 2.3880083\times 8375$

$=20,000$ ($)

Learn more about face value here:

brainly.com/question/14862802

5 0

2 years ago

The antibiotic clarithromycin is eliminated from the body according to the formula A(t) = 500e−0.1386t, where A is the amount re

PolarNik [594]

Answer:

Time(t) = 11.61 hours (Rounded to two decimal place)

Step-by-step explanation:

Given: The antibiotic clarithromycin is eliminated from the body according to the formula:

$A(t) = 500e^{-0.1386t}$ ......[1]

where;

A - Amount remaining in the body(in milligram)

t - time in hours after the drug reaches peak concentration.

Given: Amount of drug in the body is reduced to 100 milligrams.

then,

Substitute the value of A = 100 milligrams in [1] we get;

$100= 500e^{-0.1386t}$

Divide both sides by 500 we get;

$\frac{100}{500}=\frac{ 500e^{-0.1386t}}{500}$

Simplify:

$\frac{1}{5} = e^{-0.1386t}$

Taking logarithm both sides with base e, then we have;

$\log_e (\frac{1}{5})= \log_e (e^{-0.1386t})$

$\log_e (\frac{1}{5})=-0.1386t$ [ Using $\log_e e^a =a$ ]

or

$\log_e (0.2)=-0.1386t$

$-1.6094379124341 = -0.1386t$

[using value of $\log_e (0.2) = -1.6094379124341$ ]

then;

$t = \frac{-1.6094379124341}{-0.1386}$

Simplify:

t ≈11.61 hours.

Therefore, the time 11.61 hours(Rounded two decimal place) will pass before the amount of drug in the body is reduced to 100 milligrams

6 0

2 years ago

60 billetes de a 100 cuantos miles son

vladimir1956 [14]

Si multiplicas 60 por 100 obtienes 6000 por lo que hay 6 mil

7 0

2 years ago

Read 2 more answers

Pleaseeee helpppp Please