The neighbourhood bookstore sells novels for \( \$ 15 \) per unit. The cost to purchase one book is \( \$ 13 \). The store has fixed costs per month of \( \$ 1900 \). The store estimates that they can sell 2100 books each month. (a) Compute the break-even point in units. (b) Compute the break-even point in sales dollars. (c) Compute the break-even point as a percent of capacity. (a) The break-even point in units is 950 books. (Simplify your answer.) (b) The break-even point in sales dollars is \( \$ 14250 \). (Simplify your answer.) (c) The break-even point as a percent of capacity is \( \square \% \). (Round to two decimal places as needed.) - 3 .

Find the amount that results from the given investment. \( \$ 300 \) invested at \( 4 \% \) compounded quarterly after a period of 3 years After 3 years, the investment results in \( \$ \square \). (Round to the nearest cent as needed.)

ASK YOUR TEACHER \( \quad \) PRACTICE ANOTHER Find the annual percentage yield for an investment at the following rates. (Round your answers to two decimal places.) (a) \( 7.6 \% \) compounded monthly

E5-32B. (Learning Objective 5: Apply GAAP for uncollectible receivables) At December 31,2024 , Concord Travel Agency has an Accounts Receivable balance of \( \$ 87,000 \). Its net accounts receivable is \( \$ 86,120 \) before the year-end adjustment. Service revenue (all on account) for 2024 was \( \$ 800,000 \). Concord estimates that its bad debt expense for the year is \( 3 \% \) of service revenue. Requirements 1. Calculate Concord's bad debt expense for 2024 . 2. How are Concord's balance sheet and income statement impacted by the adjustment to recognize bad debt expense for the year? 3. Calculate the net realizable value of accounts receivable as of December 31,2024 .

Amar deposited \( \$ 400 \) iniban account with \( 2.9 \% \) interest, compounded semiannually. Assuming that ho witharawals are mode, how much will he have in the occount after 8 years? Do not round any intermediatecomparon, round nearest cent.

Describe what is contained in a credia report. Choose the correct answer below. A. A credit report includes the unpaid balance on the first day of the billing period, the total balance owed on the last day of the billing period, a list of purchases and cash advances made during the biling period, any finance charges or other fees incurred, the date of the last day of the billing period, the payment due date, and the minimum payment required. C. A credit report ranges from 300 to 850 , with a higher score indicating better credic. - D. A credi report includes details about when all your credit accounts were opened, their latest balance, and their payment history.