The method involves placing money in separate packets to meet particular expenses.

A business rents bicycles and in-line skates. Bicycle rentals cost $25 per day, and in-line skate rentals cost $20 per day. The

Alja [10]

Answer:

a.

25 b+20 s=455...equation 1

b+s=20...equation 2, where b and s are the number of bicycle and in-line skate rentals per day.

b. The business had 11 bicycle rentals and 9 in-line skate rentals.

Explanation:

a.

Step 1: Determine an equation for total revenue today

Since the business rents bicycles and in-line skates, the total revenue will be as a result of amount received in revenue from renting the bicycles and in-line skates. This can be expressed as shown;

T=(B×b)+(S×s)

where;

T=total revenue

B=bicycle rental cost per day

b=number of bicycles

S=in-line skate rental cost per day

s=number of in-line skates

In our case;

T=$455

B=$25 per day

b=unknown

S=$20 per day

s=unknown

Replacing;

(25×b)+(20×s)=455

25 b+20 s=455...equation 1

Step 2: Determine an equation for total rentals today

The equation for the total number of rentals is;

R=b+s

where;

R=total number of rentals today

b=number of bicycles

s=number of in-line skates

In our case;

R=20

b=unknown

s=unknown

Replacing;

b+s=20...equation 2

b.

Step 3: Combine equation 1 and 2 ans solve simultaneously

1(25 b+20 s=455), multiplying equation 1 by 1=25 b+20 s=455

20(b+s=20), multiply equation 2 by 20=20 b+20 s=400

25 b+20 s=455

-

20 b+20 s=400

5 b+0 s=55

(5 b)/5=55/5=11

b=11, replace the value for b in equation 2 and solve;

(20×11)+20 s=400

220+20 s=400

20 s=400-220=180

20 s=180

s=(180/20)=9

The business had 11 bicycle rentals and 9 in-line skate rentals.

8 0

3 years ago

A registered investment adviser often recommends real estate limited partnership investments to her wealthy clients. The RIA's p

jeyben [28]

Answer: Her actions are inconsistent with the advice being given to her clients and this must be disclosed

Explanation:

Since the registered investment adviser often recommends real estate limited partnership investments to her wealthy clients but she never buys limited partnership units for her personal account.

This shows that her actions are inconsistent with the advice being given to her clients and this must be disclosed.

5 0

2 years ago

Bakery has bought 250 pounds of muffin dough. They want to make waffles or muffins in half-dozen packs out of it. Half a dozen o

Alina [70]

Answer and Explanation:

The number of packets of waffles is W

and the number of muffins are M

The weight of dough is 250 pound and a pack of muffins requires 1 lb of dough whereas a pack of waffles uses 3/4 lb of dough.

3÷4W+M≤250

Multiplying both sides by 4

3W+4M≤1000

It takes bakers 6 minutes to make a packer of waffles and 3 minutes to make a pack of muffins, the total time available is 20 hours or 1200 minutes.

3M+6M≤1200

Minus the initial equation from the new equation:

(3M+6M≤1200)−(3W+4M≤1000)

2M≤200

Dividing equation by 2

M≤100

For M≤100

3W+4M≤1000

3W≤1000−4M

For the Maximum values of M

the least value of W is obtained

3W≥1000−4×100

3W≥600

Dividing the equation by 3

W≥300

For maximum profit, the number of waffles and muffins is taken as 300 and 100 respectively :

1.5∗300+2∗100

=650

8 0

2 years ago

Name and describe various clauses that contracts between parties of different nations may choose to include in their agreements.

atroni [7]

Negotiation: Early Neutral Case Evaluation

Form of assisted negotiation. The parties select a neutral third party (generally an expert in the subject matter of the dispute) to evaluate their respective positions. The parties explain their positions to the case evaluator however they wish. The evaluator then assesses the strengths and weaknesses of the parties' positions, and this evaluation forms the basis for negotiating a settlement.

Negotiation: Mini Trial

Form of assisted negotiation.

A mini-trial is a private proceeding in which each party's attorney briefly argues the party's case before the other party. Typically, a neutral third party, who acts as an adviser and an expert in the area being disputed, is also present. If the parties fail to reach an agreement, the adviser renders an opinion as to how a court would likely decide the issue. The proceeding assists the parties in determining whether they should negotiate a settlement of the dispute or take it to court.

Negotiation: Negotiation

The simplest form of ADR is negotiation, a process in which the parties attempt to settle their dispute informally with or without attorneys to represent them. Attorneys frequently advise their clients to negotiate a settlement voluntarily before they proceed to trial. Parties may even try to negotiate a settlement during a trial or after the trial but before an appeal.

Negotiation: Facilitation


Form of assisted negotiation. Disputes may also be resolved in a friendly, non-adversarial manner through facilitation, in which a third party assists disputing parties in reconciling their differences. The facilitator helps to schedule negotiating sessions and carries offers back and forth between the parties when they refuse to face each other in direct negotiations. Technically, facilitators are not to recommend solutions. (In practice, however, they often do.) In contrast, a mediator is expected to propose solutions.

8 0

3 years ago

Linnea contracts to buy Harriette's farm for $300,000 and puts $20,000 down. Then Linnea learns she is allergic to hay and repud

denpristay [2]

Answer:

B) keep $10,000 of Linnea's down payment.

Explanation:

Since Linnea repudiated the contract, it is considered a breach. Therefore, Harriette is entitled to compensatory damages for the breach of the contract. Compensatory damages only cover the lost revenue from the contract, so if Harriette was able to sell her farm and only lost $10,000 due to Linnea's breach, then she must return the difference = $20,000 - $10,000 (lost) = $10,000.

8 0

3 years ago