Mark is a well-known illustrator and artist who started his own design firm two years ago. because mark's business is more about illustration than anything else, he is constantly challenging his staff to hone their skills in adobe illustrator. he finds that, though many have "played around" with the software, most of his designers are photoshop gurus who don't fully appreciate the abilities and the concepts associated with illustrator.

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period