Use the following information and the indirect method to calculate the net cash provided or used by operating activities: $87,200 Net income$13,900 Depreciation expense$ 6,400 Gain on sale of land$ 3,950 Increase in merchandise inventory$ 8,050 Increase in accounts payable
On December 31 of the current year, the unadjusted trial bal…
On December 31 of the current year, the unadjusted trial balance of a company using the percent of receivables method to estimate bad debt included the following: Accounts Receivable, debit balance of $95,250; Allowance for Doubtful Accounts, credit balance of $921. What amount should be debited to Bad Debts Expense, assuming 6% of outstanding accounts receivable at the end of the current year will be uncollectible?
Why do economists generally agree that: “Low inflation is be…
Why do economists generally agree that: “Low inflation is better than deflation, which occurs during severe recessions.”
When Anders took out his first two-year membership with Maxi…
When Anders took out his first two-year membership with Maxima Gym in 2004, the fee was $540.00. He renewed his membership three times; in 2006 for $580.00, in 2008, for $600.00, and again in 2010, for $640.00. What is the overall rate of inflation for Anders’ gym membership?
If the price index moves from 108 to 110, the rate of inflat…
If the price index moves from 108 to 110, the rate of inflation is:
# 1. New Grade Average# # A student has completed 4 quizzes…
# 1. New Grade Average# # A student has completed 4 quizzes with scores of 75, 88, 90, and 82. # The professor allows them to drop their lowest score and replace it with a new score.# # Write a Python program that:# # Assign each score to a variable.# Ask the student to enter a new score.# Drop the lowest score from the original 4 scores. Hint: Use the min() function.# Replace the lowest score with the new score.# Calculate and display the new average score.# # Sample Run:# # Please enter a new score: 95 # # Your new gradepoint average is 88.75 ##2. String Length and Character Selection# # Write a Python program that:# # Prompts the user to enter a sentence.# Calculates and displays the length of the sentence. Hint: Use the len() function.# Displays the first 3 letters of the sentence and the last 3 letters of the sentence.# # Sample Run:# # Please enter a sentence: Python is fun! # # The length of the sentence is 14 # The first 3 letters are: Pyt # The last 3 letters are: un! # #3. Total Item Cost with Discounts# # A bookstore offers a 10% discount if a customer buys 4 books.# Write a Python program that:# # Prompts the user to enter the price of 4 books (one at a time).# Calculates the total cost of the books.# Applies a 10% discount to the total cost.# Displays the total amount owed.# # Sample Run:# # Enter the price of the first book: 12.99 # Enter the price of the second book: 15.50 # Enter the price of the third book: 10.00 # Enter the price of the fourth book: 18.75 # You bought 4 books. # The total amount owed is $51.38
What is the name of the ionic compound featuring a transitio…
What is the name of the ionic compound featuring a transition metal whose formula is V3P5?
When magnesium forms magnesium ion, it ________ two electron…
When magnesium forms magnesium ion, it ________ two electrons.
Carbon tetrachloride was used as a dry cleaning agent until…
Carbon tetrachloride was used as a dry cleaning agent until it was recognized that long-term exposure caused negative effects to the liver and kidneys. Which formula would be named carbon tetrachloride?
What is the ion symbol of the oxide ion?
What is the ion symbol of the oxide ion?