We know that the total cost will be 30 lb * $3/lb = $90. We can thus set up an equation such that: 90 = 3.5*b + 2*(30-b), where b is the weight of blackberries and 30-b represents that which is not blackberries, that is, the blueberries.
We solve the equation as:
90 = 3.5b +60 -2b = 1.5b + 60
30 = 1.5b
b = 20
Thus 20 lbs of blackberries (and 10 lbs of blueberries) are needed.
Answer:
$52,000,000
Explanation:
The computation of the dividend paid to the shareholders during the year is shown below:
As we know that
Ending retained earnings balance = Opening retained earning balance + net profit of the year - dividend paid
$950 million = $937 million + $65 million - dividend paid
$950 million = $1,002 million - dividend paid
So, the dividend paid is
= $1,002 million - $950 million
= $52,000,000
I think that Spelling Corporation uses JUST-IN-TIME inventory method.
Just-in-time inventory method requires producers to forecast demand as accurately as possible to ensure that the supply is sufficient to cover demand without excesses that may result to wastage and losses. Just-in-time inventory method promotes increase in efficiency in producing products.
Other inventory methods are manual counts, perpetual inventory, first-in first-out (FIFO), and last-in first-out (LIFO).
Answer:
Trading on equity defines the increase in profit earned by the equity shareholders due to presense to financial charges.
When a company is higher the rate of interest on borrowed funds.so company should option for trading on equity.
Explanation:
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