100 lbmoles of Methane is feed into a partial oxidizer with 160 lbmoles of dry air which also contains water(humidity = 0.050 lb water/lb dry air). The methane partially oxidizes to produce CO according to: CH4 + 3/2 O2 —> CO + 2H2O If the outlet gas contains 45.00% (mole %, wet basis) nitrogen, what is the reaction conversion based on the limiting reactant?
In: Other
Nickel metal will react with CO gas to form a compound called nickel tetracarbonyl (Ni(CO4)) which is gas at temperatures above ~45C.
A 1.50 L glass bulb is filled with CO gas to a pressure of 1.20 atm at 73C and then 0.5869 g is pure Ni is added. If the reaction described above occurs and goes to completion at constant temperature, what will the final total pressure in the bulb be?
In: Chemistry
A company received an invoice for $1734.68 dated October 9 with terms 6/15, 2/30, n/60.
(a) If the invoice is paid on October 20, how much is to be paid?
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
(b) If the invoice is paid on November 6, how much is to be paid?
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
(c) If the invoice is paid on December 5, how much is to be paid?
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
In: Finance
Nabeel is in crisis due to loss in business. Suppose you are a
sugar mill owner, Nabeels asks you to provide him with 100 bags of
sugar on credit basis and that he will pay you Rs. 50000 (the price
of 100 bags of sugar) in one month on 01-october-2020.
You are required to buy raw material worth 100,000 for your mill
from Nasir. For which you told Nasir that he will be paid on
01-October-2020. Create a negotiable instrument in light of the
above scenario settling your accounts receivable with Nabeel and
accounts payable with Nasir. Also state the essentials of the
negotiable instrument that you selected to complete this
transaction
In: Accounting
Sam is planning an office party. He has the following utility function for fruit and cheese:
U ( F , C ) = min { 6 F , 2 C }
He has an income equal to $ 50 to spend on cheese and fruit. He prices the fruit and cheese during the first week of October. At this time the price of fruit per pound $ 1 and the price of cheese per pound equals $ 3 .
During the second week of October the price of fruit increased to $ 5 . 5 per pound. If Sam purchases the fruit and cheese at this time what is the magnitude of the income effect of this price change measured in pounds of fruit? Round your answer to the fourth decimal point.
In: Economics
On November 1, 2019, Norwood borrows $590,000 cash from a bank by signing a five-year installment note bearing 7% interest. The note requires equal payments of $143,895 each year on October 31. Required: 1. Complete an amortization table for this installment note. 2. Prepare the journal entries in which Norwood records the following: (a) Accrued interest as of December 31, 2019 (the end of its annual reporting period). (b) The first annual payment on the note.
Complete an amortization table for this installment note.
Prepare journal entries to record accrued interest as of December 31, 2019 and the first annual payment on October 31, 2020.
In: Accounting
In: Finance
On April 1, 2017, Mendoza Company borrowed 680,000 euros for one year at an interest rate of 5 percent per annum. Mendoza must make its first interest payment on the loan on October 1, 2017 and will make a second interest payment on March 31, 2018 when the loan is repaid. Mendoza prepares U.S.-dollar financial statements and has a December 31 year-end. Prepare all journal entries related to this foreign currency borrowing assuming the following exchange rates for 1 euro:
April 1, 2017 $ 1.12
October 1, 2017 1.22
December 31, 2017 1.26
March 31, 2018 1.30
In: Accounting
QS 9-2 Accounting for sales taxes LO C2
Dextra Computing sells merchandise for $7,000 cash on September 30 (cost of merchandise is $4,900). The sales tax law requires Dextra to collect 5% sales tax on every dollar of merchandise sold. Record the entry for the $7,000 sale and its applicable sales tax. Also record the entry that shows the payment of the 5% tax on this sale to the state government on October 15.
Journal entry worksheet
In: Accounting
A+T Williamson Company is making adjusting entries for the year ended December 31 of the current year. In developing information for the adjusting entries, the accountant learned the following:
| Shipping supplies on hand, January 1 of the current year | $ | 19,500 |
| Purchases of shipping supplies during the current year | 64,000 | |
| Shipping supplies on hand, counted on December 31 of the current year | 18,500 | |
In: Accounting