How much of the original cake was left
John baked a cake. Frank ate 1/6 of the cake. Anne ate 1/5 of what was left. Susan ate 1/4 of what was left after that. Jake ate 1/3 of what was left after that. Cindy ate 1/2 of what was left after that. How much of the original cake was left?
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If Walker Corporation issues a $1,000,000 three-year noninterest bearing note how much cash will it receive if the interest rate is 10 percent compounded semiannually?
Zytel Corporation produces cleaning compounds and solutions for industrial and household use. While most of its products are processed independently, a few are related.
A financial manager has $68,000 dollars to invest. Part of the money is invested in tax free bonds at 3% interest and the remainder in a taxable fixed account at 4%.
After round 3, 1/4 were eliminated. After round 4, 1/5 were eliminated. After round 5, 1/6 were eliminated. 10 freshman remained. How many originally tried out?
Susan ate 1/4 of what was left after that. Jake ate 1/3 of what was left after that. Cindy ate 1/2 of what was left after that. How much of the original cake was left?
False Value Hardware began 2013 with a credit balance of $31,200 in the allowance for sales returns account. Sales and cash collections from customers during the year were $620,000 and $580,000, respectively.
If credit sales during 2014 were $5,000,000, what is the ending balance in the Allowance for Bad Debt account as of December 31, 2014 (after adjusting entries are recorded)?
In the balance sheet at the end of its first year of operations, Dinty Inc. reported an allowance for uncollectible accounts of $82,400. During the year, Dinty wrote off $30,200 of accounts receivable it had attempted to collect and failed.
On August 5 Rocky learned that it did not receive an average evaluation of "excellent" for its July tours, so it would not receive any bonus for July, and received all payment due for the July tours.
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