Problem 1-5: the following data relate to jones company for the year ended december 31, 2011: • sales of credit $80,000 • cost of inventory sold on credit 65,000 • collections from customers 60,000 • purchase of inventory on credit 50,000 • payment for purchases 55,000 • cash collections for common stock 30,000 • dividends paid 10,000 • payment to sales clerk 10,000 a. determine income on an accrual basis. b. determine income on a cash basis.

Leon and sara are arguing over when the best time is to degrease soup. leon says that it's easiest to degrease soup when it's boiling. sara says it's easiest to degrease soup when it's cold. who is correct? a. neither leon nor sara is correct. b. leon is correct. c. both leon and sara are correct. d. sara is correct. student b   incorrect which following answer correct?

The answer here, x=7, is not in the interval that you selected in the previous part. what is wrong with the work shown above?

In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.