The answer is D. a debit to accounts payable and a credit to notes payable. This is because Cory issued a note to his creditor as a promise that he will pay the creditor. With this, he will be gaining a Notes Payable, or a promissory note stating that he will pay, and will be losing an Accounts Payable. So according to the rules of accounting, if a liability is debited, then it will be lessened from the books of the business. If a liability is credited, however, then it will be added to the records of the business.
Answer:
$490
Explanation:
Let xR be the revenue function
xR = (4 + 0.2(x))(100 - 2x) = 400 + 12x - 2x²/5
Maximum revenue occurs when xR = 0:
xR = 12 - 4x/5 = 0
x = 15
Admission price = 4 + (0.2*15) = 4 + 3 = $7
Max revenue = $7 * (100 - (15*2) = 7 *70 = $490
I Think English is the most common Language for worldwide trade and business
Do you have answer choices?
beacause there are multiple sites out there :)
