Ivy’s father wanted to keep track of the gas he purchased for 3 weeks. He purchased 22.5 gallons during the first week and 19.71 gallons the second week. He forgot to write down his purchases for Week 3. He knows he purchased a total of 61.75 gallons during the 3 weeks. How much gas did Ivy’s father purchase during Week 3? gal

Answers

Answer 1

Answer: Total amount of gas purchased by Ivy's father in the first week = 22.5 gallons
total amount of gas purchased by Ivy's father in the second week = 19.71 gallons
Let us assume the amount of gas purchased by Ivy's father in the third week = x
The total quantity of gas purchased in 3 weeks by Ivy's father = 61.75 gallons
Then
22.5 + 19.71 + x = 61.75
42.21 + x = 61.75
x = 61.75 - 42.21
= 19.54 gallons
So 19.54 gallons of gas was bought by Ivy's father in the third week

Answer 2

Answer: If you would like to know how much gas did Ivy's father purchase during the third week, you can calculate this using the following steps:

22.5 gallons + 19.71 gallons + n = 61.75 gallons
n = 61.75 - 22.5 - 19.71
n = 19.54 gallons

Result: Ivy's father purchased 19.54 gallons during the third week.

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Answers

Answer:

single step and multi step

Step-by-step explanation:

Single step consists of only revenues and expenses.

Multi step consists of gross profit, operating profit, and net income

Answer:

Single Step and a Multiple Step

Step-by-step explanation:

A single-step income statement gives a company’s revenue and expenses in a simplified form, which is easier for accountants to prepare and for investors to read. It shows revenues and gains at the top of the statement, with expenses and losses at the bottom. While easy to understand, single-step income statements are not very detailed. Some investors may find it difficult to determine where the company incurred most of its expenses from this basic outline. This makes it unclear whether the company will be sustainable enough to thrive, and it may make some investors less likely to invest capital in the company.

A multiple-step income statement gives a better representation of the costs of goods sold. It also gives investors a better idea of how a company operates and whether that operational structure is sustainable and potentially profitable. But multiple-step income statements can take much time and effort to prepare. The choice between preparing a single- and multiple-step income statement will depend on the resources the company has, and on the needs and demands of its stakeholders.

Is 5.89 greater than,less than, or equal to 5.9