Answer:
1: 3: 6
Explanation:
Given that
Ballet shoes sales units = 15,000
Tap shoes sales units = 30,000
Jazz shoes = 5,000
By the above information, the ratio would be
Jazz shoes: Ballet shoes: Tap shoes
5,000 : 15,000 : 30,000
1: 3: 6
Simply we take simultaneously so that the ratio can easily find out
Hence, the ratio is 1:3:6 of jazz shoes to ballet and tap shoes
So you would simply need to set up a formula and solve
X= beginning cash
X+ income - expenses = cash balance
income = cash receipts (7,500)
expenses = cash disbursements (8,600)
Cash Balance = 1,800
Plug into the equation
X + 7,500 - 8,600 = 1,800
Then you would solve for X
60% of $90,000 is: 60/100*90,000=0.6*90,000=54,000
<span>So, the sales associate plans $64,000 from the total income to come from sold listings .
</span>40% of $90,000 is: 40/100*90,000=0.4*90,000=36,000
So, the sales associate plans $36,000 from the total income to come from sales made.
<span>If the average commission from listings sold is $3,000 she must cell X=64,000/3000=21,3 ~22 listings (at least) in order to achieve her goal.</span>
Answer:
Consumer surplus is $15.99.
Explanation:
Melanie decided to buy a coat priced $79.95.
When she brought a coat to the sales clerk, she found out that it is on a 20% discount and she has to $15.99 less than the original price.
This means that her consumer surplus is at least $15.99.
The consumer surplus is the difference between the maximum price a consumer is willing to pay and the price it actually pays.
Melanie was willing to pay $79.95. But she actually paid $63.96. The difference between the two is $15.99.
