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likoan [24]
2 years ago
13

A department store chain is expanding into a new market, and is considering 16 different sites on which to locate 5 stores. assu

ming that each site is equally likely to be chosen, in how many ways can the sites for the new stores be selected
Business
1 answer:
lesya692 [45]2 years ago
3 0

We can find the number of ways by multiplying the amount of possibility each store can have.

For store 1, it can be placed on 16 sites. Store 2 can be placed on 15 sites (since store 1 is already on site 1). Store 3 can be placed on 14 sites and so on until store 5 which has 12 sites.

Therefore the number of ways is:

C = 16 * 15 * 14 * 13 * 12

<span>C = 524,160 possibilities</span>

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On January 1, 2022, Harvee Company had Accounts Receivable of $54,200 and Allowance for Doubtful Accounts of $3,700. Harvee Comp
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Answer:

Jan. 5

Dr Account Receivable                $4,000

  Cr Sales                                      $4,000

(to record sales to Rian)

Feb. 2

Dr Promissory note Receivable   $4,000

  Cr Account Receivable              $4,000

(to record acceptance of Rian company's note)

Feb. 12

Dr Promissory note Receivable    $12,000

  Cr Sales                                       $12,000  

(to record sales to Cato company through acceptance its notes)

Feb. 26

Dr Account Receivable                  $5,200

  Cr Sales                                        $5,200

(to record sales to Malcolm)

Apr. 5

Dr Promissory note Receivable     $5,200

  Cr Account Receivable                $5,200

( to record acceptance of Malcolm notes)

Apr. 12 ( assume Cato's note is collected)

Dr Cash                                              $12,200

Cr Promissory note Receivable       $12,000

Cr Interest Income                           $200

(to record the collection of Cato's note)

June. 2 ( assume Rian's note is collected)

Dr Cash                                              $4,120

Cr Promissory note Receivable       $4,000

Cr Interest Income                           $120

(to record the collection of Rian's note)

Jul. 5

Dr Cash                                              $5,304

Cr Promissory note Receivable       $5,200

Cr Interest Income                           $104

(to record the collection of Malcolm's note)

Explanation:

The calculation of Interest income from the Notes of the three companies as followed:

Rian: 4,000 x 9% x 4/12 = $120

Cato: 12,000 x 10% x 2/12 = $200

Malcolm: 5,200 x 8% x 3/12 = $104.

Further explanation has been put as description under each journal entries listed above.

Cost of goods sold is not included for each sales entries as guided in the question.

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Advantages to the environment:

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2 years ago
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Answer:

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= $123,400 + $52,500 × 69,000 ÷ 115,000

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