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abruzzese [7]
3 years ago
14

Virginia's parents gave her money to put in her cafeteria account at the beginning of the school year. the function f (s) = 60 –

2.5s describes the amount remaining in her account after she had purchased lunch for s school days. how many days had she eaten in the lunchroom when her account balance was $27.50?
Business
2 answers:
Eduardwww [97]3 years ago
8 0
60- 2.50s =27.50 so s= 60-27.50/2.50= 32.50/2.50 =13 so Virginia ate lunch for 13 days @2.50 per day. 

check 2.50 x 13= 32.50 and subtract from 60 you will have 27.50 left
elena-s [515]3 years ago
4 0
Given:f(s) = 60 – 2.5sset f(s) to 27.50 and solve for s:27.50 = 60 – 2.5s-32.5 = –2.5s32.5 = 2.5s32.5/2.5 = s13 days = s

Not 100% sure kay~


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Wildcat, Inc., has estimated sales (in millions) for the next four quarters as follows:
slavikrds [6]

Answer:

Wildcat, Inc.

WILDCAT, INC. Cash Budget (in millions)

                                                  Q1           Q2          Q3          Q4

Beginning cash balance         $78.00    $115.90   $48.45   $83.40

Net cash inflow                         37.90      -67.45     34.95      71.05

Ending cash balance             $115.90    $48.45    $83.40 $154.45

Minimum cash balance          -40.00     -40.00     -40.00   -40.00

Cumulative surplus (deficit)  $75.90      $8.45    $43.40  $114.45

Explanation:

a) Data and Calculations:

                                 Q1      Q2      Q3      Q4     Q1

Sales (in millions) $165   $185  $205  $235   $180

Accounts receivable at beginning of the year = $71 million

Collection period = 45 days = 50% in each quarter and 50% in the next

Purchases for the quarter = 45% of next quarter's forecast sales

Payment period = 36 days

Wages, taxes, etc. = 20% of sales

                                      Q1          Q2        Q3        Q4         Q1

Sales (in millions)        $165       $185    $205       $235     $180

Cash collections:

50% quarter of sales             82.50    92.50    102.50     117.50

50% next quarter                   71.00     82.50    92.50    102.50

Total cash collections          153.50    175.00   195.00   220.00

Purchases                              83.25     92.25  105.75   81.00

Cash Payments:

80% month of purchase      66.60     73.80   84.60   64.80

20% following purchase                     16.65    18.45     21.15

Total purchases payments 66.60     90.45  103.05  85.95

Wages, taxe, etc.                 33           37          41        47

Interest and dividends        16            16          16        16

Capital outlay                                     99

Total cash disbursements 115.60   242.45   160.05  148.95

Net cash inflow                   37.90   -67.45      34.95    71.05

Cash, beginning = $78 million

Desired minimum balance = $40 million

5 0
3 years ago
The appearance of coca-cola and ford on american idol is an example of which type of integrated marketing communications?
lys-0071 [83]

Sponsorship/ event marketing

8 0
3 years ago
Matt Winne​, Inc. issued $ 1 comma 000 comma 000 of 9​%, nine​-year bonds payable on January​ 1, 2018. The market interest rate
alekssr [168]

Answer:

1) $1,223,163

2) bond premium amortization coupon 1 = $8,305

bond premium amortization coupon 2 = $8,554

3)

January 1, 2018, bonds are issued

Dr Cash 1,223,163

    Cr Bonds payable 1,000,000

    Cr Premium on bonds payable 223,163

4)

June 30, 2018, first coupon payment

Dr Interest expense 36,695

Dr Premium on bonds payable 8,305

    Cr Cash 45,000

5)

December 31, 2018, second coupon payment

Dr Interest expense 36,446

Dr Premium on bonds payable 8,554

    Cr Cash 45,000

Explanation:

bonds price = PV of face value + PV of coupons

PV of face value = $1,000,000 / 1.03²⁰ = $553,675.75

PV of coupon payments = $45,000 x 14.8775 (annuity factor 3%, 20 payments) = $669,487.50

issue price = $553,675.75 + $669,487.50 = $1,223,163.25 ≈ $1,223,163

Dr Cash 1,223,163

    Cr Bonds payable 1,000,000

    Cr Premium on bonds payable 223,163

amortization coupon 1 = $45,000 - ($1,223,163 x 3%) = $45,000 - $36,695 = $8,305

amortization coupon 2 = $45,000 - ($1,214,858 x 3%) = $45,000 - $36,446 = $8,554

4 0
3 years ago
A major reason for studying Economics is to gain an understanding of how a nation can best choose to use its ___________ and how
maria [59]

Answer:

Scarce resources.

Explanation:

A major reason for studying Economics is to gain an understanding of how a nation can best choose to use its scarce resources and how we must make rational decisions in order to move toward a higher standard of living for all. Some of these scarce resources include money, time, land, labor, capital and entrepreneurship. If these resources are not well managed, it usually results in an economic downturn, recession and inflation which are typically a negative factor for good standards of living for the people living in the particular country.

Hence, a proper allocation of scarce resources would improve the standards of living in a country.

3 0
3 years ago
Create an outline of your paragraph about your participation in the economy this week. describe how you were a consumer or produ
Ber [7]
<span>I contributed to the total supply of money in the economy because my demand for good and services were paid for using money and it made the supplier to have more resources with which he can manufacture or purchase more product so that consumers can purchase. In this my economic decision was using the money which I could have used for other purposes for the purchase of goods and services as I had to forgo something and also my account balance became reduced as a result of the decision i made</span>
5 0
3 years ago
Read 2 more answers
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