FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If total deductions on a yearly salary of $18,600 amounted to 16 2/3 how much was deducted? A company's bad debt is $7875 which is

  1. If total deductions on a yearly salary of $18,600 amounted to 16 2/3 how much was deducted?
  2. A company's bad debt is $7875 which is 21/2% of sales. What were the company's sales?
  3. a)Sales in May increased 16 2/3over April sales. If May sales amounted to $24,535, what were April sales?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Derivatives Markets

Derivatives Markets

Authors: Robert McDonald

3rd Edition

978-9332536746, 9789332536746

Students also viewed these Mathematics questions

Question

★★★★★
The following accounts and their balances appear in the ledger of Young Properties Inc. on November 30 of the current year: Common Stock, $40 par ............................... $ 3,000,000 Paid-In...

Answered: 1 week ago

Question

★★★★★
S olve the following linear program to determine the optimum values for x1 and x2: M inimize, W = 1x1 + 3x2 S ubject to, x1 + x2 10 x1 + 2x2 15 6x1 + x2 18 x1 - x2 12 x1, x2 0

Answered: 1 week ago

Question

★★★★★
Rate is the annual coupon rate on the bond.

Answered: 1 week ago

Question

★★★★★
Wet solids pass through a continuous dryer. Hot dry air enters the dryer at a rate of 400 kg/min and picks up the water that evaporates from the solids. Humid air leaves the dryer at 50C containing...

Answered: 1 week ago

Question

★★★★★
If total deductions on a yearly salary of $18,600 amounted to 16 2/3 how much was deducted? A company's bad debt is $7875 which is 21/2% of sales. What were the company's sales? a)Sales in May...

Answered: 1 week ago

Question

★★★★★
Only give right option Question 19/20 19. What is reffiective writing? witing about a real or imaginery experience. generally wnitten st person h p abour a real or imaginery experience in third...

Answered: 1 week ago

Question

★★★★★
TH Mu (3) What area was wea To get a more accurate assessment the CFO of Mike's Tables believes a performance report based on a Flexible Budget would be more useful. He needs your help however....

Answered: 1 week ago

Question

★★★★★
The Horizons Bull Plus Fund seeks daily expected returns that are two times (200%) the performance of the market portfolio. If the risk free rate is 3.75% and the expected return on the market is...

Answered: 1 week ago

Question

★★★★★
Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Note: Assume all raw materials were used as...

Answered: 1 week ago

Question

★★★★★
ook int Part of your duties as the company's Chief Internal Control Officer (CICO) is to prepare a bank reconciliation each month to ensure proper accounting and safeguarding of cash. The bank...

Answered: 1 week ago

Question

★★★★★
ADK has 30,000 15-year, 9 percent semi-annual coupon bonds outstanding. If the bonds currently sell for 90 percent of par and the firm pays an average tax rate of 21 percent, what will be the...

Answered: 1 week ago

Previous Question Next Question