Use Scientific Notation to Solve the Problem $1.2 \times 10 ^ { 7 }$

question 134

Multiple Choice

Use scientific notation to solve the problem.
-How many liters of oil are needed to supply the electrical energy needs of an average U.S. home for 7 weeks? Assume that the energy released by burning one liter of oil is $1.2 \times 10 ^ { 7 }$ joules and that the
Electrical energy used daily in an average U.S. home is $5 \times 10 ^ { 7 }$ joules. Round your answer to the
Nearest tenth of a liter.

• A)11.8 liters
• B)1.7 liters
• C)29.2 liters
• D)204.2 liters

Explain the role of social media in e-commerce.

Distinguish between various business models used by online platforms.

Understand the concept of electronic tendering and its mechanisms.

Recognize different payment options available in e-commerce.

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Definitions:

Cash Withdrawn

Funds taken out from a business by the owner(s) for personal use, which can affect the owner's equity account.

Customer's Account

An account representing a customer's relationship with a business, detailing their purchases, payments, and balances.

General Journal

A primary accounting record where all types of financial transactions are initially recorded using double-entry bookkeeping before posting to specific accounts in the ledger.

Closing Entries

Closing entries are journal entries made at the end of an accounting period to transfer temporary accounts to permanent accounts.