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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>

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iris [78.8K]

Answer:

correct option is a. decrease by $80,000

Explanation:

given data

stock dividend = 10%

common stock = $5

Chief = 80,000 shares

market value = $10

to find out

Chief's retained earnings will

solution

here retaining earning will be decrease by the maount of stock dividend that is

retaining earning = $80,000 × 10 % × $10

retaining earning = $80,000 × 0.10 × $10

retaining earning = $80000

so here correct option is a. decrease by $80,000

4 0
3 years ago
Bart Just purchased a security for $17,000. This security will pay him $8,500 two years from today, $9,000 6 years from today an
andre [41]

Answer:

$,9789.97

Explanation:

Calculation to Find the payment (X) that he will receive at year 10

Using this formula

Let plug in the formula

Present Value = CF2/(1+r)^2 + CF6/(1+r)^6 + CF10/(1+r)^10 + CF4/(1+r)^4

Let plug in the formula

17,000 = 8,500/1.06^2 + 9,000/1.06^6 + X/1.06^10 - 3,000/1.06^4

Payment (X) = (17,000 - 13,909.61 + 2,376.28)*1.06^10

Payment (X) == $,9789.97

Therefore the payment (X) that he will receive at year 10 will be $,9789.97

3 0
3 years ago
Su lin and angela are discussing how the veterinary technician can play an important role in preventing euthanasia of animals fo
Jet001 [13]
Both of them are correct 

4 0
3 years ago
While gross domestic product (gdp) considers where the production occurs, ________ considers who is responsible for the producti
postnew [5]

Answer: Gross national product (GNP)

Explanation: Gross domestic produce refers to the market value of all final goods and service produced withing the domestic territory of a country. It considers where the production occurs. While, GNP refers to the market value of final goods produced by factors of production owned by a country's residents. Thus, GNP considers who is responsible for the production.

Thus, correct option is <em>Gross National Product</em> (<em>GNP</em>).

5 0
4 years ago
Brown Company’s December 31, Year 1 balance sheet showed $1,800 cash, $200 accounts payable, $600 common stock, and $1,000 retai
never [62]

Answer:

Correct answer is $1,050 balance in retained earnings on the year 2 balance sheet

Explanation:

Retained earnings has a beginning amount of $1,000, then we incurred $1,700 revenue less the expense incurred in rent in the amount of $1,350 (1,800 / 12 months x 9 months). Then the company paid $300 dividends fro the year that is a deduction to the retained earnings balance.

Retained earnings beginning,            $1,000

Add: Revenue                                        1,700

<u>Less: Rent expense (expired portion)  1,350</u>

Total                                                     $1,350

<u>Less : Dividends                                      300</u>

Total ending balance of retained earnings $1,050

*Prepaid rent balance at the end of year 2 is $450 ($1,800 - ($1,800 / 12 months x 9 months)

*Cash outflow from operating is not $1,700 because it is an inflow of cash from the revenue

3 0
3 years ago
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