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Stella [2.4K]
2 years ago
5

Which of the following pairs of accounts could not appear in the same adjusting entry? a. Interest Income and Interest Expense b

. Rent Expense and Prepaid Rent c. Fees Earned and Unearned Fees d. Salaries Payable and Salaries Expense
Business
1 answer:
lana [24]2 years ago
3 0

Answer:

the correct answer is

A. Interest Income and Interest Expense

GOOD LUCK

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Isa is head of housekeeping services at the Ashworth Hotel, a luxury hotel and resort. Last week, she received 29 customer compl
Lena [83]

Answer:

c. 67,757 errors per million opportunities

Explanation:

The computation of the errors per million opportunities is shown below:

= Customer complaints last week ÷ total guest stayed in that week × 1,000,000

= 29 customers ÷ 428 guests × 1,000,000

= 67,757 errors per million opportunities

Hence, the correct option is c.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
1 year ago
There are many unstated assumptions in the problem given above. Even if the mathematical solution is to make only one or two typ
Genrish500 [490]

Answer:

The unstated assumptions in the problems given is that the company may require more units of aluminium and steel, which would allow for producing more bicycles.A linear programming model cannot account for this.

Explanation:

Linear programming model: this is an algebraic description of te objectives to be minimized and the constraints to be satisfied by the variables.

3 0
2 years ago
Retirement Investment Advisors, Inc., has just offered you an annual interest rate of 4.1 percent until you retire in 45 years.
grigory [225]

Answer:

If you wait one year, in 45 years you will have $16,624.04 more than investing today.

Explanation:

Giving the following information:

Option 1:

Initial investment= $11,500

Number of years= 45

Interest rate= 4.1%

Option 2:

Initial investment= $11,500

Number of years= 44

Interest rate= 4.7%

To calculate the future value for both options, we need to use the following formula:

FV= PV*(1+i)^n

<u>Option 1:</u>

FV= 11,500*(1.041^45)= $70,142.41

<u>Option 2:</u>

FV= 11,500*(1.047^44)

FV= $86,766.45

If you wait one year, in 45 years you will have $16,624.04 more than investing today.

7 0
2 years ago
Enrollment at Bayside College keeps going up, despite tuition and fee hikes to help cover the cost of new wind turbines installe
Ilya [14]

Answer:

a. new technology such as wind turbines is a huge capital investment for a college. The effort demonstrates the high cost of environmental programs

Explanation:

Corporate social responsibility is defined as integration of social and environmental concerns in the business activities of an organisation.

The business entity is accountable to its stakeholders and the public.

In the given scenario the wind turbines generate enough power to serve the campus buildings and to sell to local business establishments.

However enrollment keeps going up because cost of the new turbines need to be covered.

This demonstrates new technology such as wind turbines is a huge capital investment for a college. The effort demonstrates the high cost of environmental programs

4 0
2 years ago
A foundation was endowed with $15,000,000 in July 2010. In July 2014, $5,000,000 was expended for facilities, and it was decided
Agata [3.3K]

Answer:

$2,274,639.75

Explanation:

Endowment on July 2010 = $15,000,000

Endowment amount on July 2014 = $15,000,000 (1+0.05)^4 - Expenditure on facilities

= $15,000,000 (1.2155) - $5,000,000

= $18,232,500 - $5,000,000

= $13,232,500

Amount to be set aside for operation expenses = $250,000/0.05 = $5,000,000

Amount available for capital replacement = $13,232,500 - $5,000,000 = $8,232,500

5-years effective interest rate = (1+0.05)^5 - 1 = 0.2763

Annual available for capital replacements every fifth year forever = $8,232,500 (0.2763) = $2,274,639.75

8 0
2 years ago
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