Hardware Suppliers reports net income of $149,000. Included in net income is a gain on the sale of land of $12,000. A comparison
1 answer:
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Answer:
$26,730
Explanation:
The explanation for this question is given in the attachment below.
Answer: 2 Acres
Explanation:
All 3 residents of the town have agreed to split the cost of building the park equally. The cost is $24 so equally would be,
= 24/3
= $8
Each of them would have to pay $8.
If the cost per person is $8, how much will each person vote for.
Referring to the table;
Cedric will vote No for all acres because the $8 passes the amount Cedric is willing to pay for any size of Acre.
The majority vote can still be carried if the other 2 vote yes.
Sophia will not vote yes for anything more than 2 acres because Sophia's willingness to pay at $8 is for 2 acres alone.
At 2 acres, Amber's willingness to pay is $18 so Amber will vote yes as well.
Therefore if the majority vote is to be carried then the amount of acres should be 2.
