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enot [183]
2 years ago
6

The manager of a bulk foods establishment sells a trail mix for $6 per pound and premium cashews for $12 per pound. The manager

wishes to make 105 pound nut mixture that will sell for $10 per pound. How many pounds of peanuts should be used?
Business
1 answer:
irakobra [83]2 years ago
3 0

Answer:

70

Explanation:

12X+6(105-X)=105*10

12X+630-6X=1050

6X=1050-630

6X=420

X=420/6

So,

  • X=70 LBS. OF $12 CASHEWS IS USED.
  • 105-70=35 LBS. OF $6 TRAIL MIX IS USED.

<u>PROOF: </u>

12*70+6*35=105*10

840+210=1050

1050=1050

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5 0
1 year ago
Corner Supply has a current accounts receivable balance of $246,000. Credit sales for the year just ended were $2,430,000. How m
Wewaii [24]

Answer:

See below

Explanation:

Given the above information, the average debtor days is computed as seen below.

= Total receivables / Credit sales × 365

Total receivables = $246,000

Credit sales $2,430,000

Then,

Average debtor days

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= 36.95 days

Hence, it would take 36.95 days on the average for credit customers to pay off their debts during this past year

4 0
2 years ago
John's job provided the main income for his family. He died unexpectedly and had no life insurance. The probable financial conse
Leto [7]

Answer:

An increase in income and expenses

Explanation:

When the main provider of a family dies and he/she doesn't have any type of life insurance, then the whole family's economy will suffer. Their total income will probably plummet. Besides losing John's income, his family must all the  expenses related to his death, e.g. burial. As a terrible consequence, John's family will see their standard of living decrease.

8 0
3 years ago
Sapporo K.K. was sued by a competitor in late 2017, and company management concluded that there was a 55 percent probability tha
Sophie [7]

Answer

The answer and procedures of the exercise are attached in two images.  

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8 0
3 years ago
Eastern Motors Auto Dealership wanted to estimate the average CLV over a 5 year time horizon of a customer who purchases a new v
NARA [144]

Answer:

The total estimated CLV over a 5 year time horizon for someone who purchases a new vehicle at Eastern Motors is $3,410.40.

Explanation:

Margin on selling vehicle = Average vehicle selling price * Margin = $23,700 * 11% = $2,607

Margin generated by 78% of people who return for service over 5 years = Number of times * Margin generated on each service = 10 * $103 = $1,030

Total estimated customer lifetime value (CLV) = Margin on selling vehicle + (Margin generated by 78% of people who return for service over 5 years * 78%) + (Margin generated by 226% of people who do not return for service over 5 years * 22%) = $2,607 + ($1,030 * 78%) + ($0 * 22%) = $3,410.40

Therefore, the total estimated CLV over a 5 year time horizon for someone who purchases a new vehicle at Eastern Motors is $3,410.40.

6 0
3 years ago
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