5-4 ANSWERS TO QUESTIONS 1. (a) Disagree. The steps in the accounting cycle are the same for both a merchandising company and a service company. (b) The measurement of income is conceptually the same.
3. Cyclists were −3 finished with their ride when they reached 5 the 15-kilometer mark. How long was their ride? 4. A grocery store sells 6 bottles of water for $4 and 18 bottles of water for $10. Is the cost of the water proportional to the number sold? Explain. Solve each proportion. k −− 13 = 0.6 0.5 6. −−−18.2 j = −−4 16 7 ...