All categories

3 years ago

A burger and fries cost $2.20. the burger costs $2.00 more than the fries. how much do the fries cost?

1 answer:

6 0

To solve this question, we need to do a substitution formula on both equations

Burger + Fries = $ 2.20

Burger - Fries = $ 2.00

________________________ -

2 Fries = $ 0.20

Fries = $ 0.1

You might be interested in

Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As a consultant,

Naddika [18.5K]

Answer:

$380

Explanation:

Ziva's total cost of farming is composed of two different costs: explicit and implicit costs.

Explicit cost is an out-of-pocket cost that a person incurs to carry out a particular business activity. It is sort of, a business-related expense for which the business pays. In Ziva's case, it is $130, the cost of the seeds

Implicit costs are opportunity costs. An opportunity cost refers the benefits an individual, investor or business misses out on when opting for one alternative in preference of another. In our case, it amounts to $250($25*10 hours)

Thus, Ziva's cost of farming

= $130 +( $25*10) = $130 +$250 = $380

5 0

3 years ago

Given :

KIM [24]

Answer:

Direct Method

Operting Activities

$1,390 Cash Collected from Services

-$7,864 Cash to rent Equipment

-$0,864 Cash to repair facilities

$24,285 Collected from customers

Financing Activities

-$0,150 Repaid Long Term

$16,797 Net Cash

Explanation:

These others activities are not included because doesn't inclulde movements of cash.

(2) Purchased new equipment costing $3,434; signed a long-term note.

8 0

3 years ago

Biden Resorts Company currently has 0.2 million common shares of stock outstanding and the stock has a beta of 2.2. It also has

frutty [35]

Answer:

Hence, the weighted average cost of capital is 15.87%.

Explanation:

We have to find current weights,

Value of equity = Shares x Share price = 0.2 x 10 = $2 million

Face Value of Bonds FV = $1 million

Semi annual coupon P = 1 x 8% / 2 = $0.04 million

Number of coupons remaining n = 5 x 2 = 10

Semi annual yield r = 13.65% / 2 = 6.825%

Value of Debt = Px [1 - (1 + r)-n] / r + FV / (1 + r)n

= 0.04 x [1 - (1 + 0.06825)-10] / 0.06825 + 1 / (1 + 0.06825)10

= $0.8 million

Total Value = 2 + 0.8 = $2.8 million

Weight of Debt = 0.8 / 2.8 = 28.57%

Weight of Equity = 2 / 2.8 = 71.45%

Amount of Debt to be raised = Weight of debt x Capital

= 0.2857 x 7.5

= $2.14 million

Since the amount of debt to be raised is less than $2.5 million, the yield will be 13.65%

Cost of Equity = Risk Free Rate + Beta x (Market Return - Risk Free Rate)

= 3% + 2.2 x (10 - 3)

= 18.4%

The weighted average cost of capital:-

WACC = Weight of Debt x Cost of Debt x (1 -Tax Rate) + Weight of Equity x Cost of Equity

= 0.2857 x 13.65% x (1 - 0.3) + 0.7145 x 18.4%

= 15.87%

8 0

3 years ago

Under section 404 of the sarbanes oxley act auditors are required to

siniylev [52]

Basically, the Sarbanes Oxley Act was not a single Act, but a series of Acts that were designed to expand starting requirements for companies such as firms and overall businesses. Section 404 is one of the Acts that are specifically set on the company's control on their financial reports made. As a result, internal management or more commonly known as the Internal Affairs program of a company must provide a detailed and clear-written (straight-to-the-point) report on the company's structure (how they do things) and creating, or establishing, a set of procedures on how they plan to report their financial status.

6 0

3 years ago

You are the manager of a fertility clinic and you need to purchase an Ultrasound for the providers. The equipment's acquisition

Elena-2011 [213]

The supervisor bought Ultrasound for the company, so his month-to-month bills will be $5200.

<h3>What is an easy hobby? </h3>

Simple interest is a short and smooth approach to calculating the interest rate on a loan. Simple interest is calculated by multiplying the daily interest fee by the number of days between bills.

This kind of interest generally applies to car loans or short-term period loans, despite the fact that a few mortgages use this calculation approach.

When you're making a charge on an easy interest loan, the charge first goes towards that month’s interest, and the rest goes towards the foremost.

Each month’s interest is paid in full, so it by no means accrues. In contrast, compound interest provide a number of the month-to-month interest lower back onto the loan; in every succeeding month, you pay for a new interest on the vintage interest.

The formulation for an simple interest is pretty, well, easy:

Simple Interest = PxIxN, where P denotes the principal and I denotes the daily interest fee. N = Number of days between bills "Simple" interest" generally applies to car loans or short-term non-public loans.

In the U.S., maximum mortgages on an amortization schedule are also easy interest loans, despite the fact that they are able to genuinely experience compound interest ones.

Learn more about Simple interest, refer to:

brainly.com/question/22621039

#SPJ1

5 0

2 years ago