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inna [77]
3 years ago
8

Rework problem 3 in section 1 of Chapter 7 of your textbook, about the Natural Fertilizer Company, using the following data. Ass

ume that the company produces 100 pound sacks of 35-20-10 fertilizer for lawns and 100 pound sacks of 10-14-16 fertilizer for gardens, where the numbers are the percentage by weight of nitrate, phosphate, and potash, respectively, in each sack. Assume also that the company has on hand 13 tons of nitrate, 8 tons of phosphate, and 9 tons of potash, Assume also that the profit on each sack of lawn fertilizer is $10.00 and the profit on each sack of garden fertilizer is $11.00. How many sacks of each type of fertilizer should the company make in order maximize its profit

Business
1 answer:
valentinak56 [21]3 years ago
6 0

Answer:

please find attached

Explanation:

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McCurdy Co.'s Class Q bonds have a 12-year maturity, $1,000 par value, and a 5.75% coupon paid semiannually (2.875% each 6 month
dem82 [27]

Answer:

$993.08

Explanation:

the market interest is 2.875% semiannual, that is why Q bonds are sold at par. To determine the value of P bonds we must add the present value of the face value and the coupon payments:

the effective interest rate = (1 + 5.75%/2)² - 1 = 5.83%

PV of face value = $1,000 / (1 + 5.83%)¹² = $1,000 / 1.974405523 = $506.48

PV of coupon payments = $57.50 x 8.46254 (PV annuity factor, 5.83%, 112 periods) = $486.60

market price = $993.08

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3 years ago
Consider This) Susie purchased a nonrefundable ticket to a soccer match for $20. It will cost her $10 worth of gas and wear and
Nitella [24]

Answer:

The $20 ticket to the match.

Explanation:

The sunk cost would be the $20 ticket to the match.

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2 years ago
What are employers required to provide on all motor vehicles
Sidana [21]

they are supposed to provide a gas card

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3 years ago
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If the price of a $10,000 par Treasury bond is $10,275.00, the quote would be listed in the newspaper as ________.
scoray [572]

Answer:

Hence, the quote that should be listed in the newspaper is 102.024

Explanation:

The computation of the quote that should be listed in the newspaper is shown below:

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Hence, the quote that should be listed in the newspaper is 102.024

hence, the same is to be considered by taking all the information given in the question

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2 years ago
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