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Grande Incorporated, a window installation company, is preparing its annual fina

ID: 1529736 • Letter: G

Question

Grande Incorporated, a window installation company, is preparing its annual financial statements for the year ended December 31. 2009 and the following information in dollars is available: Selling Expenses are 15% of Sales. Normal Profit Margin is 20% of Sales. At December 31. 2009, the balance in Grande's Raw Material inventory account was $380,000 and the Allowance to Reduce Inventory to Market had a credit balance of $50.000. Prepare a table with the headings below (and a row for each type of raw material) and determine the proper balance in the Allowance to Reduce Inventory to Market account at December 31, 2009. Determine the amount of gain or loss that would be recorded due to the change in the Allowance to Reduce Inventory to Market account. Attached are some helpful audio notes:

Explanation / Answer

Given that

   the frictionless table is in the car which is moving with acceleratation a

  

   as there is no 2m mass present then the table will move with acceleration as that of car

b)
due to presence of mass 2m the force equations are


       for m , T = ma

       for 2m , 2mg - T = 2ma

           2mg-ma = 2ma
           2mg = 3ma
           a = 2/3g


so the cart will move with an acceleration of 2/3 g = 2*9.8/3 m/s2 = 6.533 m/s2


a) if 2m mass is not present then the m will be at rest or can move with constant acceleration as that of car