1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
andrew-mc [135]
2 years ago
12

Orange​ juice, a raisin​ bagel, and a cup of coffee from​ Kelly's Koffee Kart cost a total of ​$2.40. Kelly posts a notice annou

ncing​ that, effective the following​ week, the price of orange juice will increase​ 50% and the price of bagels will increase​ 20%. After the​ increase, the same purchase will cost a total of ​$3.00​, and the orange juice will cost twice as much as coffee. Find the price of each item before the increase.
Business
1 answer:
Hoochie [10]2 years ago
8 0

Answer:

orange juice 0.80 dollar

Bagel 1 dollar

coffe 0.60 dollar

Explanation:

We construct the equation system:

\left \{ {A+B+C = 2.40} \atop {1.5A+1.2B+C = 3}} \right.

We subtract one from another to get an expression without C:

1.5A+1.2B+C - (A+B+C) = 3   -  2.40

0.5A + 0.2B  = 0.6

Then, we solve in the first part to express B as an expression of A

considering the coffe is worth half of the new cost of A

C = 1.5A / 2 = 0.75A

A + B + C = 2.40

A + B + 0.75A = 2.40

B = 2.40 - 1.75A

And now we replace in the other expression to get A:

0.5A + 0.2(2.40 - 1.75A) = 0.6

0.5A - 0.35A + 0.48 = 0.60

0.15A = 0.12

A = 0.12/0.15 = 0.8

Now we solve for C:

C = 0.75A = 0.6

Last, for B:

A + B + C = 2.40

0.8 + B + 0.6 = 2.40

B = 2.40 - 0.8 - 0.6 = 1

You might be interested in
Who is affected negatively when a country’s currency is weak? Give domestic and foreign examples
fomenos
Its citizens, and government.
5 0
2 years ago
The lower of cost or market approach is Blank______ for companies that use Blank______. Multiple choice question. required under
LenaWriter [7]

The lower cost or market approach is (C) required under GAAP for companies that use  LIFO or retail inventory.

<h3>What is market approach?</h3>
  • The market approach is a method of evaluating an asset's worth based on the selling price of comparable assets.
  • Along with the cost technique and discounted cash-flow analysis, it is one of three main valuation methodologies (DCF).
  • Companies that use LIFO or retail inventory are obligated by GAAP to use the lower cost or market method.
  • A realtor, for example, can gather information on comparable real estate sales in close vicinity to a client's property and modify those values to account for differences in land area and building square footage to arrive at a market-based valuation for the targeted property.

Therefore, the lower cost or market approach is (C) required under GAAP for companies that use  LIFO or retail inventory.

Know more about the market approach here:

brainly.com/question/8084221

#SPJ4

The complete question is given below:

The lower cost or market approach is _____ for companies that use _____.

a. optional under GAAP; LIFO or the retail inventory

b. optional under GAAP; any method of inventory valuation

c. required under GAAP; LIFO or the retail inventory

d. required under GAAP; any method of inventory valuation

7 0
1 year ago
January 1, 2021, Woody Forrest Corporation granted executive stock options to purchase 30,000 of its common shares at $7 each. T
Anton [14]

Answer:

169,000

Explanation:

Calculation to determine what The number of shares to be used in computing diluted earnings per share for the quarter is:

First step is to calculate the amount assumed to be exercised

Exercised amount= 30,000*$7 / $15avg

Exercised amount= 14,000

Second step is to calculate the Net

Net=30,000-14,000

Net= 16,000

Now let calculate The number of shares to be used in computing diluted earnings per share

Using this formula

Number of shares=Outstanding+Net

Let plug in the formula

Number of shares=153,000 +16,000

Number of shares= 169,000

*diluted eps=$28,000 /169,000

Therefore The number of shares to be used in computing diluted earnings per share for the quarter is: 169,000

8 0
2 years ago
What can you say about entrepreneur?​
zalisa [80]
An entrepreneur is a person who starts a business and is willing to risk loss in order to make money” or “one who organizes, manages, and assumes the risks of a business or enterprise.”
6 0
3 years ago
Read 2 more answers
Kohlman Company began its operations on March 31 of the current year. Projected purchases for the first three months of business
bulgar [2K]

Answer:

c. $146,400 and 206,560.

Explanation:

Monthly Purchases are as follows;

April =$156,800

May= $195,200

June= $217,600

Since Admin expenses are paid every month,

April =$28,800

May = $28,800

June =$28,800

75% of April purchases will be paid in April . Use these to calculate the payments;

Pmts

April = 75%* $156,800 = $117,600

add Admin expenses to find total cash payments;

APRIL = $117,600+ $28,800 = $146,400

In May,20% of April purchases will be paid ,  75% of  May purchases will also be paid plus admin expenses. Use these to calculate the payments;

May= (20%* $156,800) + (75% * $195,200) + $28,800

MAY = 31360 +146400 +28800 = $206,560

7 0
3 years ago
Other questions:
  • A magma that contains 42 percent silica is referred to as
    7·1 answer
  • Buckette co. owned 60% of shuvelle corp. and 40% of tayle corp., and shuvelle owned 35% of tayle. what is this pattern of owners
    10·1 answer
  • Maple Leaf, Inc., a television manufacturer, would like to reduce its inventory. To this end, you are asked by the operations ma
    12·1 answer
  • Jeff and Rhonda are married and have two children, Max and Jen. Max is 20, attends college in the Los Angeles area full-time, an
    11·1 answer
  • Which of these is a successful time to management strategy
    11·1 answer
  • Miltmar Corporation will pay a year-end dividend of $5, and dividends thereafter are expected to grow at the constant rate of 4%
    14·1 answer
  • Sometimes there is a backlash from employees regarding mandatory diversity training. One possible solution that has some researc
    7·1 answer
  • Veronique and lily each bought a piece of luggage that had the same price in different stores. the table below shows how they wi
    12·1 answer
  • Adams, Inc. has sales of $100,000 with a contribution margin of $60,000 and net income of $20,000. Baron, Inc. has sales of $110
    11·1 answer
  • The fed increases the quantity of money. in the short run, the quantity of money demanded ______ and the nominal interest rate _
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!