Identify which accounting principle or assumption best describes each of the following practices: 1. stark company’s accounting system maintains the equipment account as if the business will continue operating and not close. 2. in december of this year, chavez landscaping received a customer’s order and cash prepayment to install sod at a house that would not be ready for installation until march of next year. chavez should record the revenue from the customer order in march of next year, not in december of this year. 3. green cleaners inc. purchased bleach for an upcoming job. green cleaners does not record the expense until it performs the cleaning job.

When interest is compounded continuously, the amount of money increases at a rate proportional to the amount s present at time t, that is, ds/dt = rs, where r is the annual rate of interest. (a) find the amount of money accrued at the end of 3 years when $4000 is deposited in a savings account drawing 5 3 4 % annual interest compounded continuously. (round your answer to the nearest cent.) $ (b) in how many years will the initial sum deposited have doubled? (round your answer to the nearest year.) years (c) use a calculator to compare the amount obtained in part (a) with the amount s = 4000 1 + 1 4 (0.0575) 3(4) that is accrued when interest is compounded quarterly. (round your answer to the nearest cent.) s = $

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What is the correct percentage of texas teachers charged with ethics violations each year?