Eagle Corp. ended the year with $400 of supplies. During the year, the company purchased $1,200 of supplies. If there were $700 of supplies on hand at the beginning of the year, the adjusting entry Eagle Corp. would prepare at the end of the accounting period would include a:
Read DetailsOn April 25, Eagle Corp.’s accountant prepared a check for May’s rent payment. Eagle Corp. mails the check on April 27 to the landlord. The landlord receives the check on April 29 and cashes the check on May 1. When should Eagle Corp. record the rent expense associated with this transaction?
Read DetailsAt the beginning of the year, Eagle Corp. had accounts receivable of $220,000. At the end of the year, the company had accounts receivable of $340,000. During the year, Eagle Corp. had total sales of $1,000,000, 70% of which were credit sales. What was Eagle Corp.’s receivables turnover ratio for the year?
Read DetailsThe nurse is taking a health history on the 78-year-old man, whose wife states that he occasionally has problems with short-term memory and confusion: “He can’t even remember how to button his shirt.” When assessing his sensory system, which of the following actions by the nurse is most appropriate?
Read DetailsA forest fire fighting airplane travels through the air with a groundspeed of 130 km/hr at an altitude of 120m above the forest. At what horizontal distance before the forest fire, should the plane deploy the water so that it lands on the fire? *give your answer in meters, but do not include units in your answer.
Read DetailsA cart with a mass of 25kg moves at a speed of 30m/s towards a cart with a mass of 35kg which is initially at rest. Upon collision, the carts stick together and move together after the collision. Determine the total momentum of the system before the collision.
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