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NISA [10]
3 years ago
13

A theater is presenting a program on drinking and driving for students and their parents or other responsible adults. The procee

ds will be donated to a local alcohol information center. Admission is $ 2.00 for adults and $ 1.00 for students.​ However, this situation has two​ constraints: The theater can hold no more than 150 people and for every two​ adults, there must be at least one student. How many adults and students should attend to raise the maximum amount of​ money?
Business
1 answer:
Tpy6a [65]3 years ago
7 0

Answer:

100 adults and 50 students should attend

and,

The maximum amount raised = $250

Explanation:

Given:

Admission for adults = $2.00

Admission for students = $1.00

Total persons that can be held in theater = 150

For every 2 adults there must be 1 student

let the number of adults be 'x' and the number of students be 'y'

thus,

we can write the above constraints mathematically as:

x + y = 150   ...............(1)

and,

x = 2y  .....(2)  (for 1 student i.e y = 1, there should be 2 adults i.e x = 2 × 1 = 2)

substituting the 'x' from 2 in the equation 1, we get

2y + y = 150

or

y = 50

Thus,

x = 2 × 50 = 100   (from equation 2)

Hence,

100 adults and 50 students should attend

and,

The maximum amount raised = $2 × 100 + $1 ×50 = $250

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Answer:

above $3.00

Explanation:

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A bond portfolio and a stock portfolio both provided an unrealized pretax return of 8% to a taxable investor. If the stocks paid
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Answer:

A bond portfolio and a stock portfolio both provided an unrealized pretax return of 8% to a taxable investor. If the stocks paid no dividends, we know that the ________.

The after-tax return of the stock portfolio was higher than the after-tax return of the bond portfolio.

Explanation:

The returns from the bond portfolio are taxed at the corporate rate while returns from stock investments are taxed at a lower rate.  It is well-known that the risks from stock are higher than the risks from bonds.  As a result, the stock investments always attract higher returns and less tax, as the investor can postpone the tax for a longer term.   Again, stock investments can be for the long-term unlike bonds that have defined periods.

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What information is important when choosing a healthcare plan?
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3 years ago
Indicate whether each of the following is counted in the United States gross domestic product for the year 2006. Explain your an
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3 0
1 year ago
Kevin owns a retail store, and during the current year, he purchased $610,000 worth of inventory. Kevin's beginning inventory wa
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Answer:

COGS= $598,020

Explanation:

Giving the following information:

Kevin owns a retail store, and during the current year, he purchased $610,000 worth of inventory. Kevin's beginning inventory was $67,000, and his ending inventory is $77,200. During the year, Kevin withdrew $1,780 in inventory for his personal use.

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To calculate the cost of goods sold, we need to use the following formula:

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COGS= 67,000 + 610,000 - 77,200 - 1,780

COGS= $598,020

3 0
4 years ago
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