A company purchases inventory on account for $45,000 with terms 2/10, n/30. Under the net method of accounting for purchases, the purchase would be recorded at:_______

a. $36,000.
b. $40,500.
c. $45,000.
d. $44,100.

Answers

Answer 1

Answer:d. $44,100.

Explanation:

The net method is a way a company or firm records its customer's invoice. Under the net method of Accounting for purchases,  The record of purchases are recorded considering  the cash discount.

Therefore

Purchase price = $45000

Cash Discount  at terms  2/10 n/30

$45000  x  2% =  $45,000 x 0.02 =$900

Net purchase price = $45000 - $900 = $44,100.

The journal to record the inventory purchased on account using the  net method  will be

Accounts  Titles                             Debit             Credit

Inventory                                 $44,100.  

Accounts payable                                              $44,100.


Related Questions

A periodic system of inventory:
A. reduces record keeping.
B. increases record keeping.
C. increases the cost of maintaining inventory.
D. eliminates the need for a physical count.

Answers

Answer:

A. reduces record keeping.

Explanation:

A periodic system of inventory can be defined as a method of financial accounting, that typically involves updating informations about an inventory on a periodic basis (at specific intervals) as the sales or purchases are being made by the customers, through the use of either an enterprise management software applications or a digitized point-of-sale equipment.

Hence, a periodic system of inventory reduces record keeping because there's no continuous records in real-time of the amount of inventory sold or purchased by the customers.

List Corporation reported pretax accounting income of $90,000, but due to temporary differences, taxable income is only $50,000. Assuming a tax rate of 40%, the income statement should report net income of:
a) $20,000
b) $36,000
c) $54,000
d) $16,000

Answers

The answer is c I believe I’m not sure though I took a business class like 3 years ago

When there is excess supply of loanable funds, interest rates will rise in response. A. True B. False

Answers

Answer:

that is my answer

Explanation:

i choose A Flase

The State of Adaven issued $50 million of perpetual bonds in 1990. The bonds were issued in $100 denominations with an annual coupon interest rate of 5%. Determine the rate of return or current yield on these bonds if they are purchased at the current price of $40.a. 12.5%.b. 8.0%.c. 5.0%.d. 1.25%.

Answers

Answer: 12.5%

Explanation:

From the question, we are informed that the State of Adaven issued $50 million of perpetual bonds in 1990 and that the bonds were issued in $100 denominations with an annual coupon interest rate of 5%.

The rate of return or current yield on these bonds if they are purchased at the current price of $40 will be calculated as:

= (5% × $100)/$40

= $5/$40

= 0.125 or 12.5%

The balance in the Bonds Payable is a credit of $79,000. The balance in the Premium on Bonds Payable is a credit of $1,600. What is the bond carrying amount?

a. $1,600
b. $80,600
c. $79,000
d. $77,400

Answers

Answer:

b. $80,600

Explanation:

The computation of the bond carrying amount is shown below:

= Balance in the bond payable + premium on bond payable

= $79,000 + $1,600

= $80,600

Hence, the bond carrying amount is $80,600

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Therefore the correct option is b.

A fund of real estate holdings that can be privately held or publicly traded on an exchange is a __________.a. syndicate.
b. limited partnership.
c. real estate investment trust.
d. direct investment fund.
e. mortgage-backed fund.

Answers

Answer:

c. real estate investment trust.

Explanation:

Real estate investment trust are businesses that own real estate that is used to generate revenue.

They include office spaces, apartments, hospitals, hotels, shopping malls and so on.

So when there is fund of real estate holdings that can be privately held or publicly traded on an exchange, it is a real estate investment trust.

REIT provides a long term and stable source of income as real estate properties tend to appreciate over time. They also pay lower corporate tax

The Jewel Golf Club Company, which recently began using a Kanban system, has had problems with high inventory levels of one of the handle grips used to make several versions of its clubs. Daily demand for the grip is 3000 units, average waiting time during production is 0.20 day, processing time is 0.10 day per container, and a container holds 150 grips. How many Kanban containers would Jewel require if a 15% policy variable is used?
a. three or fewer
b. four or five
c. six or seven
d. eight or more

Answers

Answer:

c. six or seven

Explanation:

The computation of the number of kanban containers required is shown below:

Number of Kanbans = (Average Demand During lead Time + Safety Stock) ÷ Size  of container

= (3,000 units × 0.3 + 0.15 × 3000 × 0.3) ÷ (150)

= (900 + 135) ÷ 150

= 6.9

So the number of kanbans required is 6.9 i.e. it lies between six or seven

hence the correct option is c.

OCF from Several Approaches [L01] A proposed new project has projected sales of $125,000, costs of $59,000, and depreciation of $12,800. The tax rate is 35 percent. Calculate operating cash flow using the four different approaches described in the chapter and verify that the answer is the same in each case.

Answers

Answer:

Please see below

Explanation:

In order to calculate the operating cash flow, we will get the value of net income. The income statement is calculated as;

Sales

$125,000

Less :

Costs

($59,000)

Depreciation

($12,800)

EBIT

$53,200

Less tax 35%

($18,620)

Net income

$34,580

1. Using the tax shield method

OCF = (Sales - Costs)(1 - Tax) + Tax(Depreciation)

OCF = ($125,000 - $59,000)(1 - 35%) + 35%($12,800)

OCF = ($66,000)(0.65) + $4,480

OCF = $42,900 + $4,480

OCF = 47,380

2. Using the financial calculation

OCF = EBIT + Depreciation - Taxes

OCF = $53,200 + $12,800 - $18,620

OCF = $47,380

3. Using the top down approach

OCF = Sales - Costs - Taxes

OCF = $125,000 - $59,000 - $18,620

OCF = $47,380

4. Using the bottom up approach

OCF = Net income + Depreciation

OCF = $34,580 + $12,800

OCF = $47,380

A $5,000 face value bond has a coupon rate of 6.5%, sells for $5,937, and matures in 7 years. What is its yield to maturity?a. 3.44%.b. 5.47%.c. 6.12%.d. 4.08%.

Answers

Answer:

YTM = 0.03495343461 or 3.495343461% rounded off to 3.50%

Explanation:

The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,

YTM = [ ( C + (F - P / n))  /  (F + P / 2) ]

Where,

C is the coupon payment

F is the Face value of the bond

P is the current value of the bond

n is the number of years to maturity

Assuming that the bond  pays coupon annually,

Coupon payment = 5000 * 0.065 = $325

Number of periods remaining till maturity = 7

YTM = [ (325 + (5000 - 5937 / 7))  /  (5000 + 5937 / 2)

YTM = 0.03495343461 or 3.495343461% rounded off to 3.50%

If your nominal rate of return is 14.38 percent and your real rate of return is 4.97 percent, what is the inflation rate

Answers

Answer:

try 1.35

Explanation:

If a central bank wishes to reduce inflation, it should announce its intentions and follow through with them, thereby using _________ monetary policy.
A. visible
B. integral
C. credible
D. authoritative

Answers

Answer:

C. credible

Explanation:

A credible monetary policy is the policy where the problem of inconsistency of time can be avoided also the biasness of the inflation also it keeps the inflation under a control.

Therefore in the case when the central bank wants to decrease the inflation so they are using the credible monetary policy

Hence, the correct option is C.

Wandering RV is evaluating a capital budgeting project that is expected to generate $36,950 per year during its six-year life. If its required rate of return is 10 percent, what is the value of the project to Wandering RV?

Answers

Answer:

the value of the project is $16,096.88

Explanation:

The computation of the value of the project is shown below:

= (Expected amount generated per year × (1 - (1 ++ rate of returm)^-time period )) ÷ rate of return

= $36,950 ×  [1 - 1.1^-6] ÷ 0.1

= $16,0926.88

Hence, the value of the project is $16,096.88

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Which of the following is an example of an effective persuasive speech topic for a group of elementary school children?

a.
the origins of Santa Claus in different cultures around the world
b.
abstinence: the best protection
c.
read at least 20 minutes a day
d.
staying in school is cool

Answers

Answer: d.  staying in school is cool

Explanation:

An elementary school has children who have grown past childhood but have not yet reached teenagerhood. Persuasive topics for them would therefore have to be tailored to their level of understanding.

Based on the options, the best would be to teach them to stay in school. The origins of Santa Claus is for their juniors and abstinence is for their seniors as well as reading 20 minutes a day. Staying in school is great for their age as it instils the values of education at a time they can understand it.

According to the model of firm behavior introduced in the video, what is the main motivation for firms' actions? A. Revenue B. Sales C. Efficiency D. Profit

Answers

Answer:

D. Profit

Explanation:

As we know that every type of organization, business is worked for a profit. Also it is the main motivation to the actions of the firm. The competitive firms sell the products at low price to attract the customers in order to capture the market so that the maximum profit they could able to earned. For maximising the profit, the correct price and correct quantity is important

hence, the correct option is d.

Crane Company issues $255,000, 20-year, 6% bonds at 103. Prepare the journal entry to record the sale of these bonds on June 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Answers

Answer:

June 1, 2022

Cash                                                 262650 Dr

    Bonds Payable                                   255000 Cr

    Premium on bonds payable              7650 Cr

Explanation:

As the bonds with a face value of $255000 are issued at 103%, this means that they are being issued at a premium of 3 percent. The premium on bonds payable will be,

Premium on bonds payable = 255000 * 0.03 = 7650

We will debit the cash received from issuing the bonds that is face value of the bond plus premium. The cash receipt will be = 255000 + 7650 = 262650

The journal entry will be to be to debit cash and credit bonds payable and premium on bonds payable

What was the economy like before the corona virus??


Please help!!

5-8 lines

Answers

Answer:

BEFORE the virus, the economy was running (not perfectly) but smoothly. You could go to school without the worry of a death sentence. Marriages were more common before the virus. Concerts were available. You could go out and do things. Bears didn't have to leave the mountains for food. Businesses were running easier.

Explanation:

I hope this helps.

Raven Company has a target of earning $71,200 pre-tax income. The contribution margin ratio is 16%. What amount of dollar sales must be achieved to reach the goal if fixed costs are $38,400

Answers

Answer:

$685,000  

Explanation:

First and foremost, the formula for determining the contribution margin ratio can be used to determine the target dollars sales as shown below:

contribution margin ratio=contibution margin/sales revenue

contribution margin ratio=16%

contribution margin required=pretax income+fixed costs

contribution margin required=$71,200+$38,400=$109,600  

16%=$109,600/sales revenue

16%*sales revenue=$109,600

sales revenue=$109,600/16%

sales revenue=$685,000  

Hadi makes wooden souvenirs to sell them during Baalbek festivals. Hadi believes if he puts more effort his small business will grow up, thus he increases the working hour of each worker from 50 hours per month to 60 hours per month. Hadi is interested in determining his productivity, He has the following data:
Month 1 Month 2
Output 250 units 320 unit

Worker 4 employees, cost per hour $5 4 employees, cost per hour $5

Overhead Expenses $600 $700
Find the worker productivity per dollar of Month 1 (6 points) *
None of the above
1.25
0.25
12.5
Find the change in worker productivity per labor hour. (6 points) *
6.7%
6.4%
6.5%
6.6%
Find the total productivity of Month 2. (6 points) *
0.17
0.16
0.15
0.18
Find the change of the total productivity (7 points) *
6.7%
6.5%
6.8%
6.6%

Answers

Answer:

1.25

6.4%

0.17

not sure of the last one

Explanation:

Find the future value one year from now of an $8,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.

Answers

Answer:

If investment is made for one year, Future value = $8240

If investment is made for two years, Future value = $8487.2

Explanation:

The future value of a cash flow can be calculated using the following formula,

Future value = Present value * (1+i)^t

Where,

i is the rate of interest t is the time period

As the interest rate is compounded annually, the future value after one year will be,

After one year

Future value = 8000 * (1+0.03)^1

Future value = $8240

After two year

Future value = 8000 * (1+0.03)^2

Future value = $8487.2

A partnership has the following balance sheet prior to liquidation (partners’ profit and loss ratios are in parentheses):Cash $ 33,000 Liabilities $ 50,000Other assets 100,000 Playa, capital (40%) 24,000Bahia, capital (30%) 29,000Arco, capital (30%) 30,000Total $ 133,000 Total $ 133,000During liquidation, other assets are sold for $80,000, liabilities are paid in full, and $15,000 in liquidation expenses are paid. What amount of cash does each partner receive as a result of this liquidation?Multiple ChoicePlaya, $16,000; Bahia, $23,000; Arco, $24,000.Playa, $19,200; Bahia, $14,400; Arco, $14,400.Playa, $6,000; Bahia, $4,500; Arco, $4,500.Playa, $10,000; Bahia, $18,500; Arco, $19,500.

Answers

Answer:

Playa, $10,000; Bahia, $18,500; Arco, $19,500.

Explanation:

Cash $33,000

Other assets $100,000

Total $133,000

Liabilities $50,000

Playa, capital (40%) $24,000

Bahia, capital (30%) $29,000

Arco, capital (30%) $30,000

Total $133,000

other assets sold for $80,000 resulting in a $20,000 loss

cash = $33,000 + $80,000 = $113,000

- liabilities ($50,000)

$63,000

- liquidation expenses ($15,000)

remaining cash $48,000

total loss = $20,000 + $15,000 = $35,000

partners' share of loss:

Playa = $14,000

Bahia = $10,500

Arco = $10,500

remaining capital accounts:

Playa = $24,000 - $14,000 = $10,000

Bahia = $29,000 - $10,500 = $18,500

Arco = $30,000 - $10,500 = $19,500

40 points Please answer
Discuss how the marketing mix affects your daily life. How might you use what you know about marketing in your career?

Answers

Explanation

I cannot even count the amount of times in our daily lives where we have to make decisions. If you invest a few minutes in analyzing it, the result would be the thought of endless products, services and life decisions being made every day some of them without even much thought

What should I wear

What should I eat

What am I going to do today

What school should I choose

Will I be buying my coffee from Starbucks, McCafe or at my local coffee shop?

In particular, product and services related decisions have turned to be routine answers made automatically every day, they help move the economy of cities, countries and ultimately the world.

A company had total sales of $610,000, net sales of $566,400, and an average accounts receivable of $96,000. Its accounts receivable turnover equals:

Answers

Answer:

5.9

Explanation:

Calculation for It's accounts receivable turnover using this formula

Accounts Receivable Turnover = Net Sales amount /Average Accounts Receivable amount

Let plug in the formula

Accounts Receivable Turnover =$566,400/$96,000

Accounts Receivable Turnover = 5.9

Therefore Its accounts receivable turnover equals: 5.9

Assume the beta for the stock market in general is 1.0 and the beta for World-Wide Television Productions is 2.8. If the stock market increases in value by 5 percent, what is the expected increase in value for the World-Wide Productions stock?

Answers

Answer:

Stock increase = 14%

Explanation:

Market increase = 5%

Stock Beta = 2.8

Stock increase = Stock beta * Market Increase

Stock increase = 2.8*5%

Stock increase = 0.14

Stock increase = 14%

The following trial balance was extracted from the books of Kalekeno, a sole trader, at 31st Dec2018:

Dr Cr

Stock DEC 31st 2017 23,680



Carriage outward 2,000



Carriage inwards 3,100

Returns 2050 3,220

Purchases and sales 118,740 186,000

Salaries and wages 38,620

Rent 3040

Insurance 780

Motor expenses 6,640

Office expenses 2160

Lighting and heating expenses 1,660

General expenses 3140

Premises 50,000

Motor vehicles 18,000

Fixtures and fittings 3,500

Debtors and creditors 38,960 17,310

Cash at bank 4820

Drawings 12,000

Capital 126,360

332,890 332,890

Additional information

i) Closing stock was valued at ksh 29,460 as at 30th June 2018

ii) Mr kalekeno took part of the stock amounting to ksh 3000 for personal use

iii) Salaries and wages amounting to ksh 8,000 were pre-paid and ksh 360 of motor expenses accrued

iv) Bad debts written off amounted to 860

v) Depreciation is to be provided for as follows:

 Premises at 20%

 Fixtures and fittings at 15%

 Motor vehicles at 25%

All of a above asset were depreciated at cost

a) The income statement for the year ended 30 th June 2018 ( 5marks)

b) The statement of financial position (5 Marks)​

Answers

Answer:

Stock DEC 31st 2017 23,680

Carriage outward 2,000

Carriage inwards 3,100

Returns 2050 3,220

Purchases and sales 118,740 186,000

Salaries and wages 38,620

Rent 3040

Insurance 780

Motor expenses 6,640

Office expenses 2160

Lighting and heating expenses 1,660

General expenses 3140

Premises 50,000

Motor vehicles 18,000

Fixtures and fittings 3,500

Debtors and creditors 38,960 17,310

Cash at bank 4820

Drawings 12,000

Capital 126,360

332,890 332,890

Additional information

i) Closing stock was valued at ksh 29,460 as at 30th June 2018

ii) Mr kalekeno took part of the stock amounting to ksh 3000 for personal use

iii) Salaries and wages amounting to ksh 8,000 were pre-paid and ksh 360 of motor expenses accrued

iv) Bad debts written off amounted to 860

v) Depreciation is to be provided for as follows:

 Premises at 20%

 Fixtures and fittings at 15%

 Motor vehicles at 25%

All of a above asset were depreciated at cost

a) The income statement for the year ended 30 th June 2018 ( 5marks)

b) The statement of financial position (5 Marks)​

Explanation:

Career research and decision making
1. Define your problem related to college or career goals.

Answers

Answer: The difficulty of choosing the right career

Explanation: One of the major problems I experienced was choosing the right career for me. When you are young and just got out of high school right away you think about college but, what career is the right one? that was not just my problem but a lot of young adults and teenagers deal with this.

The thing is people feel pressure in going to college and sometimes make bad decisions when choosing a career, thats why is important to take some time before deciding which career studying.

Ming Company had net income of exist767, 200 based on variable costing. Beginning and ending inventories were 7, 300 units and 4, 700 units, respectively. Assume the fixed overhead per unit was exist2.50 for both the beginning and ending inventory. What is net income under absorption costing? When the number of units sold exceeds the number of units produced, net income under absorption costing will be: Lower than income using variable costing The difference in income is equal to: The number of units subtracted from inventory multiplied by the fixed overhead per unit Net Income under variable costing Fixed overhead per unit Net income under absorption costing

Answers

Answer:

Part 1

Absorption Costing Net Income = $760,700

Part 2

Income under absorption costing will be: Lower than income using variable costing

Explanation:

The difference in net income under absorption costing and variable costing is because of fixed costs that are in closing inventory.

If we are given net income under one method we can find the net income under the other method by performing a reconciliation as follows :

Reconciliation of Variable Costing Income to Absorption Costing Income

Variable Costing Net Income                                    $767, 200

Add fixed cost in closing stock (4, 700 × $2.50)          $11,750

Less fixed costs in opening stock (7, 300 × $2.50)   ($18,250)

Absorption Costing Net Income                                $760,700

What is a country that wants to increase its per capita GDP trying to achieve?
A. It wants to prevent its currency from gaining or losing value too
quickly.
B. It wants to increase its economic productivity per person in the
country.
C. It wants to reduce the number of people who can't find a job.
D. It wants to lower the value of goods and services it produces.

Answers

Answer: B

Explanation: taking the test rn and I got it right

It wants to increase its economic productivity per person in the is country that wants to increase its per capita GDP trying to achieve. Thus, option B is correct.  

What is per capita GDP?

By dividing a country's GDP by its community, the GDP is a budgetary method of quantifying the productive capacity per human in a country and people. Sector's contribution by all growers who are residents of the economy combined with any brand taxes that are not factored into yield valuation makes up GDP per capita.

The goal of the nation seeking to enhance its per population GDP is to enhance its economic production per person. Average earnings rise as a result of sustained expansion, which is also closely related to decreasing poverty.

A fundamental estimate of the production value of every person is provided by GDP per capita, it serves as an additional measure of per capita. GDP as well as GDP per capita expansion are seen as wide

Therefore, option B is the correct option.

Learn more about per capita GDP, here:

https://brainly.com/question/13601488

#SPJ2

An example of a monopoly would be: __________

a. the local electric utility.
b. one of the few U.S.
c. auto makers.
d. Verizon cell phone service.
e. Burger King one of many U.S. grain producers.

Answers

Answer: a. the local electric utility.

Explanation:

A monopoly is a firm that is the only supplier in its market/ industry in an area. Electric utility companies are usually the only ones offering electricity in their areas so this is a monopoly.

One of a few U.S. ... is not a monopoly as there are a few of them. Auto makers do not have a monopoly as there are several of them as well such as Ford and General Motors. The Cell Phone service market has other providers apart from Verizon and Burger King is definitely not a monopoly.

On January 1, 2020, Smith Co. issued eight-year bonds with a face value of $6,000,000 and a stated interest rate of 6%, payable semiannually on June 30 and December 31. The bonds were sold to yield 8%.

Present value of 1 for 8 periods at 6% 0.627
Present value of 1 for 8 periods at 8% 0.540
Present value of 1 for 16 periods at 3% 0.623
Present value of 1 for 16 periods at 4% 0.534
Present value of annuity for 8 periods at 6% 6.210
Present value of annuity for 8 periods at 8% 5.747
Present value of annuity for 16 periods at 3% 12.561
Present value of annuity for 16 periods at 40% 11.652


a. The present value of the interest is:_________
b. The present value of the principal is:_________
c. The price of bond is:_________

Answers

Answer:

a. The present value of the interest is:_________

PV of coupon payments = coupon x PV annuity factor, 4%, 16 periods = $180,000 x 11.652 = $2,097,360

b. The present value of the principal is:_________

PV of face value = face value x PV 4%, 16 periods = $6,000,000 x 0.534 = $3,204,000

c. The price of bond is:_________

market price of the bonds = $2,097,360 + $3,204,000 = $5,301,360

since the market rate is higher than the coupon rate, the bonds will always be sold at a discount

a community hospital in pennsylvania has a 15% supply expense ratio. If total operating expenses are $1 million this month, what is the total annual cost of supplies

Answers

Answer:

$150,000

Explanation:

The question says that the total operating expenses of the hospital is 1 million, while also saying that it has a supply expense ratio of 15%. An expense ratio can be by dividing a fund's total operating expenses it's average dollar value of its assets under it's management. This is what gave us the 15% we got in the question. Now, to get the total supply cost in dollars (not percentage), all we is multiply the percentage by the total cost we were given. Thus,

Total annual cost of supply =

15% * 1,000,000 =

15/100 * 1,000,000 =

$150,000.

Therefore, the total annual cost of supply is $150,000

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The discount price of a hat is $18. What is the regular price? $ PLZ HURRY!!!!! What are some characteristics that protists and fungi both have that make them eukaryotes? 11. What does a bank use to make loans? *12. What is an action by the Fed that would promote an expansionary policy?13. What is an action by the Fed that would promote a contractionary policy As part of continuing efforts to control illegal immigration, the US government should institute a system of internal passports similar to those in European nations. Drivers licenses currently serve a kind of internal-passport function, but this system is severely limited because not all states require the same documentation before issuing photo ID. Illegal workers can get a drivers license in one state with lax regulations and use it as identification in another state with stricter regulations but better-paying jobs. Internal passports will keep illegal workers from slipping through the cracks by standardizing forms of photo ID. Which of the following is most similar to the passage above in logical structure?A. National standardized college entrance exams replace exams written independently by test administration services affiliated with groups of universities.B. A national association of doctors approves standards for diagnosis and treatment of childhood development disorders, and these standards are used in private clinics across the country.C. Resale values of used cars are discussed, standardized, and published in an industry manual also available to independent buyers and sellers.D. The distance between rails of train tracks is standardized across the country, allowing trains built by any manufacturer to travel along any rail line.E. Employment applications and hiring processes for a national restaurant chain are standardized in order to ensure uniform quality among employees. help me I'm desperate I'm begging you please I'm about to break down help In a perfectly competitive market, state the condition (clearly) that causes firms to enter the market? When does the entry and exit of firms from the perfectly competitive industry end? (micro economic question)....write it in your own words :) 24 + 12d = 2(d 3) + 22 You are visually examining (looking at) organs in a body. You say "The spleen is enlarged and there are clots visible on the inferior lateral area of the sigmoid colon." You are performing a? pplllzzz help and pplllzzz trryyyPart One:Respond to each question below in your own words and in complete sentences.Why did slavery start in the colonies?How were slaves brought to the colonies?What types of jobs did slaves do in each colonial region: New England, Middle and the South?Why were the jobs in each region different?Part Two:Respond to each question below in your own words and in complete sentences.What difficulties did slaves face?What alternatives to slavery do you think the colonists could have used to solve the labor shortage? Why are flowers brightly colored? Vance used the associative property to write (4.5 m + StartFraction 7 Over 8 EndFraction) minus 9 as the equivalent expression 4.5 m (StartFraction 7 Over 8 EndFraction minus 9). Did Vance apply the associative property correctly? Why or why not?Yes, the terms with variables should be written first.Yes, the terms can be regrouped and still be equivalent.No, the order of the terms should have been changed.No, the addition symbol was dropped in the second expression. Mention any two things that give our identity. Which of the following is NOT a benefit of stretching?A.) increased speedB.) enhanced flexibility C.) perform daily activities more efficiently D.) better range of motion In a drag race, a car takes off from rest and covers 375 meters in 5 seconds. What is thefinal velocity? If you guys have read Number the Stars, by Lois Lowry, can you summarize chapter 14 (On the Dark Path) in 2 sentences? (2,5),( 3, 6) Rate of change and slope who invite computer ? 9. What type of bond is pictured in the image below?AltAltAlt--AI+AltAltAlthAN1a. covalent bondb. ionic bondc. metallic bondd. electron bond PLEASE HELP asap 60 POINTSneeds to be in JavaA programmer has written a method called replaceLetter that counts the amount of times a letter is present in a word. Your job is to modify this existing method to fulfill a new purpose.Rather than count the instances of a letter in a String, write a program that replaces all instance of one letter with another. You should directly modify replaceLetter to get this program to work. In the starter code, replaceLetter only has two parameter values. Your new version should have a third parameter to indicate which String value is replacing the existing letter.For example,replaceLetter("hello", "l", "y")returns"heyyo"Sample output:Enter your word: helloEnter the letter you want to replace: lEnter the replacing letter: xhexxoHint: The letters will be assigned from the user as String values. Make sure to use String methods to compare them! The distance between two towns is 120 km these are approximately 80 km in 5 miles which measurement is closer to the number of miles between these two towns