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Otrada [13]
2 years ago
11

Marie has saved $35. on wednesday, she spent $7 of her savings. what ratio represents her current savings with her previous bala

nce?
Business
1 answer:
chubhunter [2.5K]2 years ago
5 0
Savings: 35 <span>$ 
now she has: 35 - 7 = 28 </span><span>$

35 -> 100 %
28 -> x%

35 * x = 28 * 100
35x = 2800
x = 2800 / 35
x = 80

her current savings </span>equals 80% of her <span>previous balance.</span>
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In Rick's PPI, he notes the description, location, cost, and time of purchase. What is he missing?
blsea [12.9K]

Answer:

I think A but i might be wrong

Explanation:

5 0
1 year ago
Atlas Company plans to sell 145,000 units in November and 190,000 units in December. Atlas's policy is that 15% of the following
r-ruslan [8.4K]

Answer:

Option (b) is correct.

Explanation:

Given that,

Sales =  145,000 units

Desired ending inventory =   28,500 units

Beginning inventory =  21,750

Budgeted production in units for November:

= Sales + desired ending inventory - Beginning inventory

= 145,000 units + (190,000 × 15%) - 21,750

=  145,000 units + 28,500 - 21,750

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8 0
2 years ago
On January 1, Year 1, the Hoverman Corporation made amendments to its defined benefit pension plan, resulting in $150,000 of pas
Lapatulllka [165]

Answer:

Check the explanation

Explanation:

a)

In IFRS according to IAS 19 all past service cost is recognized in the net income in the period in which amendment (change) is made by entity for defined benefit pension, it does not matter what is the status of the employees who will benefit the change. So in Year 1 $150000 will be expended completely and in subsequent years the amount is $0

Year 1 =$150000

Subsequent years= $0

b) In US GAAP the past service cost is recorded in Accumulated other comprehensive income in the year of amendment. It is amortized over the future working life of the participants.

Year 1 is year of adoption hence $0 is amortized because $150000 is included in Accumulated other comprehensive income.

Subsequent years: (150000/10=15000) $15000 will be amortized for each year for 10 years.

3 0
2 years ago
Which of the following statements is correct?(A) Normal profits will cause an industry to expand.(B) Economic profits and losses
notka56 [123]

Answer:<em> The correct option in this case is (c).</em><u><em> i.e. Economic profits induce firms to enter an industry and losses encourage firms to leave</em></u>

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For a instance when a firm generates economy profits then in that scenario it will be profitable to continue and expand .

4 0
2 years ago
Lowlife Company defaulted on a $250,000 loan that was due on December 31, 2018. The bank has agreed to allow Lowlife to repay th
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Answer:

Explanation:

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4.

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3 0
2 years ago
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