Answer:
Explanation:
The journal entry is presented beneath:
Cash A/c $18,000
To Service revenue A/c $18,000
(Accountable for the receipt)
In this transaction, we debit the cash account because cash has been received and credit the service revenue since the service has been performed. Both entries are made for the amount of $18,000 to ensure accurate recording.
Answer:
The total payoff is $50000
Explanation:
solution
The payment is represented at a certain point in a circular format.
This reflects the cumulative results and their probabilities.
The total payoff point is
total payoff = 0.5 × $100,000 + 0.5 × 0
total payoff = $50000
It indicates that the best decision would be the cancer lab, as it presents the highest expected return of 60000
23% decline.
This can be calculated by dividing 1,650,000 by 2,150,000, resulting in 0.7674. By multiplying this figure by 100, we arrive at 76.74%.
Yet, this represents the proportion that 1,650,000 constitutes of 2,150,000. Hence, we need to subtract this number from 100, yielding 23.26, or rounded to 23%.
Response:
There will be an increase in equilibrium quantity, but the impact on equilibrium price remains uncertain.
Note:
Due to the scientists' discovery, demand for oranges will rise, as will the price.
Additionally, the introduction of new fertilizers will boost the supply of oranges, leading to a price decrease.
Taking both of these factors into account indicates that there will be a rise in equilibrium quantity, while the effect on equilibrium price cannot be determined.
Utilizing the compound interest formula:
The annual compound interest equation, including principal amount, is:
A = P (1 + r/n)ⁿˣ
Here:
A = future value = $95000
P = principal investment amount =?
r = annual interest rate = 0.06
n = frequency of compounding per year = 2
x = duration in years for investment = 0.5
95,000 = P (1 + 0.06/2)¹
95,000 = P (1 + 0.03)
95,000 = P (1.03)
P = 95,000 ÷ 1.03
P = 95,000 ÷ 1.03
P = 92,233.01
Total compounded interest = 92,233.01 - 95,000
Total compounded interest = -2,766.99
