Selected account balances from the adjusted trial balance for Olinda C.docx

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Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year end December 31, 2013, follow. Debit Credit a. Interest revenue $ 14,300 b. Depreciation expense Solution H ello Pal, F irst of all a very nice as well as intersting question from your side. S o now straight to the question, as asked above with all the information available from your side and from mine, the answer is as under: I ncome from operations before tax = $516000 A mount of income taxes expense = $154800 I ncome from operations before tax = $516000 I ncome after tax = $361200 I ncome before extraordinary items = $361200 N et income for the year = $497670. T hat is all I can say from the above given information by you, hope have solved your problem to some extent. R egards. .

Formation

A mount of income taxes expense = $154800
I ncome from operations before tax = $516000
I ncome after tax = $361200
I ncome before extraordinary items = $361200
N et income for the year = $497670.
T hat is all I can say from the above given information by you, hope have solved your problem to
some extent.
R egards.

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Light travelling through the air (n = 1) strikes the surface of a diamond (n = 2.42) at a large angle of incidence. Which of the following describes the light ray as it enters the diamond? a) the light bends toward the normal to the surface, and slows down b) the light bends toward the normal to the surface, and speeds up c) the light bends away from the normal to the surface, and slows down d) the light bends away from the normal to the surface, and speeds up e) the light ray does not enter the diamond, but totally reflects and stays in the air Solution When light is enter into rare medium to denser medium than light rays bends towards the normal. Light slows as it travels through a substance and every substance has an index of refraction which defined as the ratio of the speed of light in vacuum to the speed of light in that substance. The index of refraction for diamond is 2.4 which means that light is 2.4 times slower in diamond . Hence Option A is correct. Hope it will help you. Please rate the answer. .

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