The Sales of a New Model of Notebook Computer Are $$S ( x ) = 5000 - 12,000 e ^ { - x / 8 }$$

question 49

Multiple Choice

The sales of a new model of notebook computer are approximated by $$S ( x ) = 5000 - 12,000 e ^ { - x / 8 }$$ , where x represents the number of months the computer has been on the market and S represents sales in thousands of
Dollars. In how many months will the sales reach $1,500,000?

• A) 20 months
• B) 13 months
• C) 17 months
• D) 10 months

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Definitions:

Ledger Accounts

Detailed financial records maintained within the ledger, tracking transactions related to specific assets, liabilities, equity, income, and expenses.

Dividends Account

An account that records the dividends declared by a corporation to be distributed to its shareholders.

Net Income

The total profit of a company after all expenses, including taxes, have been deducted from revenues.

Closing Entries

These are journal entries made at the end of an accounting period to transfer temporary accounts to permanent accounts, hence preparing the books for the next period.