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jeyben [28]
3 years ago
14

The Comfort Coffee Company wants to mix 10 pounds of their Smooth blend worth $ 5 a pound with their Special blend worth $ 7 a p

ound in order to create a new blend of coffee worth $ 5.50 a pound. How many pounds of the Special blend should be added to the Smooth​ blend?
Business
1 answer:
alukav5142 [94]3 years ago
5 0

Answer:

10/3 pounds

Explanation:

Let x is the pounds of special blend  to be added

5*10 = 50 is the dollars worth of  the smooth blend is being used

Then we have the equation:

\frac{7x + 50}{x + 10} = 5.5

<=> 7x +50 = 5.5x +55

<=> 1.5x = 5

<=> x= 5/1.5 =10/3

So  10/3 pounds of special blend   must be added

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Michael's, Inc., just paid $2.00 to its shareholders as the annual dividend. Simultaneously, the company announced that future d
elena-s [515]

Answer:

$49.71

Explanation:

The computation of the willing to pay for the company stock is shown below:

= Next year dividend ÷ (Required rate of return - growth rate)

where,

Next year dividend is

= $2 + $2 × 4.4%

= $2 + 0.088

= $2.088

The required rate of return is 8.6% and the growth rate is 4.4%

So, the price of one share of the company stock is

= $2.088 ÷ (8.6% - 4.4%)

= $2.088 ÷ 4.2%

= $49.71

We simply applied the above formula

8 0
3 years ago
On January 1, Year 1, Li Company purchased an asset that cost $45,000. The asset had an expected useful life of five years and a
maw [93]

Answer:

$9,450

Explanation:

In straight line depreciation the Depreciable value (Cost of asset - Salvage value of asset) is expensed over useful life of the asset. Each year same value of expense is charged.

When the salvage value is revised the value of depreciation will also be revised.

First we will calculate the Book value at the beginning of year 4.

Depreciable value = $45,000 - $9,000 = $36,000

Depreciation per year = $36,000 / 5 years = $7,200 per year

Book Value at start of year 4 = $45,000 - ($7,200 x 3 ) = $23,400

after revision of salvage value:

Depreciable value at start of year 4 = $23,400 - $4,500 = $18,900

Numbers of year remaining = 5 - 3 = 2 years

Depreciation each year = $18,900 / 2 = $9,450  

8 0
3 years ago
All of the following would shift a product's demand curve except a(n): A. increase in the price of the product B. decrease in co
GrogVix [38]

Answer:

A. increase in the price of the product

Explanation:

An increase in price of the product leads to a movement along the demand curve and not a shift of the demand curve.

A decrease in consumer income shifts the demand curve to the left

An increase in the price of a substitute leads to an increase in demand when a shift of the demand curve to the right.

I hope my answer helps you

8 0
4 years ago
Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $50,000 or $150,000, with equal
kvv77 [185]

Answer:

A. $86,956.52

B. 15%

C.$83,333.33

Explanation:

a) Calculation for how much will you be willing to pay for the portfolio

First step is to calculate the required rate of return on the portfolio using this formula

The required rate of return on the portfolio= Risk Free Return+Risk Premium

Let plug in the formula

The required rate of return on the portfolio=5%+10%

The required rate of return on the portfolio=15%

Second step is to calculate the Expected value of the portfolio

Expected value of the portfolio= 0.5*50,000+0.5*150,000

Expected value of the portfolio =$100,000

Assuming x is the amount you will be willing to pay for the portfolio which means that:

x*(1+15%)=100,000 OR x= $86,956.52

Therefore You would be willing to pay $86,956.52 for the portfolio.

b) Calculation for What will the expected rate of return on the portfolio be

Expected return on the portfolio= (100,000-86,956.52)/86,956.52

Expected return on the portfolio=15%

Therefore the Expected return on the portfolio will be 15%

c) Calculation for What is the price you will be willing to pay now

In a situation where the risk premium is 15%, which means that the required rate of return will be

Required rate of return=5%+15%

Required rate of return=20%

Therefore the price you will be willing to pay= 100,000/(1+20%)

Price=$83,333.33

3 0
3 years ago
g __________ conversion is the least expensive and highest risk IS conversion strategy because the old system is cut off and the
Lina20 [59]

Answer:

Direct

Explanation:

There are different types of conversion systems. Example includes the direct conversion and parallel conversion.

In this conversion system, users stops using the old system one day and starts using the next system the next.

Its requires fewer resources and is simple if nothing goes wrong. Risk involved mostly if the hardware and software are old or at a cutting edge.

Direct conversion is said to be an abrupt change where the the old system is simply unplugged and the new system is turned on. It does not allow users with any choice but to work with the new system. It is said to be risky and least cost.

8 0
3 years ago
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