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
oksano4ka [1.4K]
3 years ago
6

Maths for Business

Business
1 answer:
vredina [299]3 years ago
6 0

Answer:

Star Letter Costs: £150

Reader Letter Costs: £80

Explanation:

<em>Represent Star Letters with S and Reader's Letters with R</em>

Given

3S + 8R = 1090

2S + 11R = 1180

Required

Determine the value of R and S

Multiply the first equation by 2 and the second equation by 3; to eliminate S

2(3S + 8R = 1090) => 6S + 16R = 2180

3 (2S + 11R = 1180) => 6S + 33R = 3540

Subtract the resulting equations

(6S + 16R = 2180) - (6S + 33R = 3540)

6S - 6S + 16R - 33R = 2180 - 3540

16R - 33R = 2180 - 3540

-17R = -1360

Divide both sides by -17

\frac{-17R}{-17} = \frac{-1360}{-17}

R = \frac{-1360}{-17}

R = 80

<em></em>

Substitute 80 for R in the first equation

3S + 8R = 1090

3S + 8 * 80 = 1090

3S + 640= 1090

Subtract 640 from both sides

3S = 1090 - 640

3S = 450

Divide both sides by 3

S = 150

Hence:

<em>Star Letter Costs: £150</em>

<em>Reader Letter Costs: £80</em>

You might be interested in
Prepare comparative income statements for the company as a whole under two alternatives: (1) the retention of segment a and (2)
trapecia [35]

Answer:

There is no data given in the question, a similar question is attached with this answer and answer was made accordingly.

Comparative Statement is made in the MS Excel File which is attached with this answer, Please find it.

Explanation:

a.

All the items except the president salary are relevant to the segment A, because these costs are particularly for incurred for Seg. A. A a single unit the Segment A is making the profit of $11,000. Allocation of president salary is the major reason for the loss.

b.

Keeping Segment A makes is a more profitable decision than Eliminating the segment A. because share of president salary associated with segment A is allocated to other segments and Segment A was contributing $11,000 in  the president salary at break-even. This contribution is lost when we Eliminate the Segment A.

6 0
3 years ago
If the total debt ratio is 36%, and the allowable mortgage debt ratio is 28%, which of the following debt ratios would a loan ap
schepotkina [342]

Answer:

The loan applicant would qualify for the mortgage debt ratio in option a because his mortgage debt ratio is 24% and the allowable mortgage debt ratio is 28%.

Explanation:

First, you have to calculate the debt ratio in each case. It is calculated by dividing the total debt by the income.

a. Debt= $600

Income= $2,500

Mortgage debt ratio=600/2,500= 0.24→24%

b.  Debt=$600+$250+$75=$925

Income=$2,500

Total Debt ratio=925/2,500= 0.37→37%

The loan applicant would qualify for the mortgage debt ratio because his mortgage debt ratio is 24% and the allowable mortgage debt ratio is 28%. The loan applicant would not qualify for the total debt ratio because his ratio is 37% and the allowable total debt ratio is 36%.

6 0
3 years ago
Which statement is not true about the minimum wage?
notsponge [240]

Answer:C

Explanation: regardless if they are foreigners or not they are still required to get paid minimum wage.

7 0
3 years ago
Read 2 more answers
A firm’s managers realize they cannot monitor all aspects of their projects but do want to maintain a constant focus on the key
lianna [129]

Answer:

A)

Explanation:

For this specific desire of the company, they should focus on Sensitivity analysis, in order to identify the key variable that affects a project’s profitability. Sensitivity analysis focuses on determining how a target variable is affected based on changes in other known variables. This allows a company to tweak and determine which changes will have the greatest positive outcome for each specific project that they are working on.

5 0
3 years ago
Harry, Hermione, and Ron formed an S corporation called Bumblebore. Harry and Hermione both contributed cash of $38,600 to get t
Aleksandr [31]

Answer:

$29,400; $29,400 and $18,400

Explanation:

Value of parcel of land = $69,800 with a basis = $58,800

Harry's basis is equal to cash contributed which is $29,400

Hermione's basis is equal to cash contributed which is $29,400

Ron's basis = Basis of parcel of land - Mortgage value

                  = $58,800 - $40,400

                  = $18,400

5 0
3 years ago
Other questions:
  • helen harrison creates an instrument containing the words "pay jose sanchez" and her signature. this is a? endorsement and creat
    7·1 answer
  • Here are data on two companies. The T-bill rate is 5.8% and the market risk premium is 7.4%.
    9·1 answer
  • Wang Distributors has an annual demand for an airport metal detector of 1,400 units. The cost of a typical detector to Wang is $
    6·2 answers
  • Competitive balance is when it is used in conjunction with a ______.
    8·1 answer
  • Jacque Solis (age 38) is leaving her current job and would like to take a long vacation before starting new employment. She has
    11·1 answer
  • During May, Camino Corp. purchased direct materials for 4,400 units at a total cost of $63,800. Camino’s standard direct materia
    13·1 answer
  • a. The owner invested $18,000 cash in the company in exchange for its common stock. b. The company purchased supplies for $1,250
    9·1 answer
  • what are the documents required by department of trade and industry when registering for a private company
    13·1 answer
  • Identify which characteristic describes common stock (CS) or preferred stock (PS) financing. May have cumulative and participati
    11·1 answer
  • Concord Corporation reported the following information for 2016: October November December Budgeted sales $430000 $400000 $51000
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!