Emma co. sold to isabella co. merchandise on account fob shipping point, 2/10, net 30, for $15,000. emma co. prepaid the $750 shipping charge. using the perpetual inventory method, which of the following entries will isabella co. make to record the payment for the merchandise if isabella co. pays within the discount period?
a)accounts payable—emma co., debit $15,750; inventory, debit $300; cash, credit $16,050
b)accounts payable—emma co., debit $15,000; freight in, debit $750; cash, credit $15,750
c)accounts payable—emma co., debit $15,450; cash, credit $15,450
d)accounts payable—emma co., debit $15,000; cash, credit $15,000

Amathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing to double in size is approximately equal to the number 70 divided by its percentage rate of growth. thus, if mexico's real gdp per person is growing at 7 percent per year, it will take about 10 years(=70/7) to double. apply the rule of 70 to solve the following problem. real gdp per person in mexico in 2005 was about $11,000 per person, while it was about $44,000 per person in the u. s. if real gdp per person in mexico grows at the rate of 5 percent per year: how long will it take mexico's real gdp per person to reach the level that the united states was at in 2005? (hint: how many times would mexico's 2005 real gdp per person have to double to reach the u. s.'s 2005 real gdp per person?

In a chapter 7 bankruptcy, a debtor:

Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were: