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VashaNatasha [74]
3 years ago
11

Sarah Meeham blends coffee for​ Tasti-Delight. She needs to prepare 170 pounds of blended coffee beans selling for ​$3.76 per po

und. She plans to do this by blending together a​ high-quality bean costing ​$5.00 per pound and a cheaper bean at ​$2.00 per pound. To the nearest​ pound, find how much​ high-quality coffee bean and how much cheaper coffee bean she should blend
Business
1 answer:
NNADVOKAT [17]3 years ago
4 0

Answer:

The quantity of high-quality coffee been is 100 and cheaper coffee bean is 70.

Explanation:

Let the quantity of high-quality coffee bean = x

The price of high-quality bean = $5 per pound.

Let the cheaper coffee bean = y

The price of cheaper coffee bean = $2 per pound.

So, from the equation there are two equation can be formed.

x + y = 170

5x + 2y = 170×3.76

Now, solve both the equation for the value of x and y.

x + y = 170

x = 170-y

now insert, x = 170 – y in the below equation.

5x + 2y = 170×3.76

5 (170 – y) + 2y = 639.2

850 – 5y + 2y = 639.2

-3y = 639.2 – 850

- 3y = -210.8

y = 70.26 or the 70

now insert 70 in x = 170-y.

x = 170 – 70

x = 100

Thus, the quantity of high-quality coffee been is 100 and cheaper coffee bean is 70.

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you plan to deposit $1,500 quarterly for 35 years at 7% interest, compounded monthly. how much will you have in the account in 3
VikaD [51]

After 35 years, you will have $911,053.82 in the account.

This is based on a quarterly deposit of $1,500 per year for a period of 35 years at 7% interest, monthly compounded.

Data and Calculations:

Quarterly Deposit = $1,500

Number of years = 35 years

N (# of periods) = 140 (35 x 4)

I/Y (Interest per year) = 7% (0.583% per month)

PV (Present Value)  = 0

Quarterly PMT (Periodic Payment) =  1500

P/Y (# of periods per year) = 4

C/Y (# of times interest compound per year) = 12

PMT made at the of each period

Results:

Future Value = $911,053.82

Sum of all periodic payments = $210,000.00 ($1,500 x 140)

Total Interest = $701,053.82 ($911,053.82 - $210,000)

Thus, after 35 years, the account will have a balance of $911,053.82.

Learn more: brainly.com/question/17028320

7 0
2 years ago
Management Theories, Inc. at a cash price of $1.5 million. Management Theories, Inc. has short-term liabilities of $500,000. As
Pavlova-9 [17]

Answer:

$1,102,820

Explanation:

 The computation of the net present value is shown below:

= Present value of yearly cash inflows - initial investment

where,

Present value of yearly cash inflows is

= Annual year cash inflows × PVIFA factor

= $300,000 × 2.9906

= $897,180

And, the initial investment is

= $1,500,000 + $500,000

= $2,000,000

So the net present value is

= $897,180 - $2,000,000

= $1,102,820

4 0
3 years ago
What type of economy is an economic system in which private businesses can operate freely with minimal state control?Henry lives
Sonja [21]

Answer:

Private business freedom : Capitalist or Market Economy. Henry is more likely in Socialist Economy.

Explanation:

Economy type in which private sector has full freedom, un-intervened by government or state control is Capitalist or Market Economy. Profit maximisation motive & high consumer choice, sovereignity such economy's main features.

Henry's country which gives incentives to reallocate production choice 'what to produce' (from consumer goods to military goods). He has more efficient idea for work implementation, but lacks incentive (probably due to lack of creative & innovative ideas reward). These features characterise a Socialist Economy, in which government or state has supreme power over central economic decisions. Social welfare is considered priority, government monopoly curbs innovation & creativity, there is less consumer choice, sovereignity.

3 0
3 years ago
A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the
labwork [276]

Answer:

C alternative would yield the lowest total cost for an expected annual volume of 111 boats

Explanation:

The computation of each alternatives are shown below:

A (new location)

Fixed cost                                     $310,000

Variable cost ($400 × 111 boats) $44,400

Transportation cost                      $5,300

Total cost                                      $359,700

B (subcontract)

Fixed cost                                       $0

Variable cost ($3,200 × 111 boats)$355,200

Transportation cost                      $32,000

Total cost                                      $387,200

C (expand existing facilities)

Fixed cost                                     $74,000

Variable cost ($1,200 × 111 boats) $133,200

Transportation cost                      $88,000

Total cost                                      $295,200

Out of these, the alternative C has the lowest total cost

3 0
3 years ago
The cost, in dollars, to produce x designer dog leashes is C ( x ) = 8 x + 3 , and the price-demand function, in dollars per lea
Rzqust [24]

Answer:

Profit maximising price = 48

Explanation:

Total Cost : C (x) = 8x + 3

Demand Curve : p (x) = 88 − 2x

Total Revenue = p (x). x  =  x (88 - 2x) = 88x - 2x^2

Profit maximisation is where Marginal Cost (MC) = Marginal Revenue (MR)

MC = d TC / d Q  =   d (8x + 3) / d x = 8

MR = d TR / d Q = d (88x - 2x^2) / d x = 88 - 4x

Equating MR & MC ,

88 - 4x = 8  , 88 - 8 = 4x

x = 80 / 4 , x = 20

Putting value in demand curve,

p = 88 - 2x = 88 - 2 (20) = 88 - 40

p = 48

3 0
3 years ago
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