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NEW QUESTION: 1
The price of a product is $a. Bill bought s products and then sold 80 percents of them $b. which of the following represents the whole deal if Bill's profit was three times the cost?
A. 0.8sb = 4sa.
B. (s0.8s) / (b-a) = 3.
C. (s-0.8s) (b-a) = 3.
D. (1-0.8) s -ab = 3s.
E. 3(0.8a - sb) = sa.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
This statement is equivalent to 0.8sb - sa = 3sa. The income is 0.8sb, the cost is sa, so the profit is three times the cost.
The correct answer is A.
NEW QUESTION: 2
What will be the best strategy to prevent employees on a Local Area Network from performing unauthorized activities?
A. Limit the number of files that any employee can open at any given time.
B. Store the resources on a hard disk that has NTFS partitions.
C. Grant the employees minimum permissions that are needed to perform the required tasks.
D. Grant the employees maximum permissions that are needed to perform the required tasks.
Answer: C
NEW QUESTION: 3
장기 부채에 대한이자 비용을 설명하기 위해 연말에 어떤 조정 항목을 사용해야 합니까?
A. 이자 지불 미화 $ 100,000이자 비용 US $ 100,000
B. 이자 비용 US $ 50,000 현금 US $ 50,000
C. 이자 비용 US $ 50,000이자 지불 US $ 50,000
D. 이자 비용 미화 $ 100,000이자 지불 미화 $ 100,000
Answer: C
Explanation:
The debt was issued on July 1 and has been outstanding for only 6 months. Interest expense equals the face amount of the debt multiplied by the interest rate and the fraction of the year the debt was outstanding [US $1.000.000 x 10% x6 - 12) = US $50,000].
Because interest is payable on July1 6 months' interest is accrued and expensed in the current period. The payable is also recognized in the current period. Thus, the adjusting entry should be
Interest expense US $50,000 Interest payable US $50.000
Copper Co. had the pre-closing trial balance at December 31 shown below. Additional information: The balance of opening inventory was US $140,000. The long-term debt pays interest at a rate of 10% per annum, payable every 12 months. The debt was issued on July 1 of the current year and originally had 5 years to maturity. The assets classified as property, plant, and equipment have a 10-year estimated useful life and were 1 year old at the start of the current year Straight-line depreciation is used.