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madreJ [45]
3 years ago
9

You are the CEO and Manager of MathFair (a Math based theme park, obviously) that charges: children $2, adults $5, and vets $3.

You are looking over the books for last weekend. 1,900 people came to the park. You took in $6,300. There were 100 unaccompanied children (that is, the number of children was 100 more than the number of adults and vets combined). How many children, adults, and vets visited Math Fair last weekend
Business
1 answer:
katovenus [111]3 years ago
6 0

Answer:

700 adults

800 children

400 vets

Explanation:

children $2

adults $5

vets $3

1,900 came to the park, total revenue = $6,300

number of children was 100 more than adults

Let:

C = number of children

A = number of adults

V = number of vets

2C + 5A + 3V = 6,300

C + A + V = 1,900

C = A + 100 (we can replace C with A)

2(A + 100) + 5A + 3V = 6,300 ⇒ 2A + 200 + 5A + 3V = 6,300

7A + 3V = 6,100

A + 100 + A + V = 1,900 ⇒ 2A + V + 100 = 1,900

2A + V = 1,800

7A + 3V = 6,100

2A + V = 1,800 ⇒ V = 1,800 - 2A  (we can replace V)

7A + 3 (1,800 - 2A) = 6,100

7A + 5,400 - 6A = 6,100

A = 6,100 - 5,400 = 700

C = A + 100 = 800

V = 1,900 - 700 - 800 = 400

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serg [7]

Answer:

d. 10.6% higher

Explanation:

Given that;

Real GDP = $13.2 trillion

Nominal GDP = $14.6 trillion

GDP deflator = (Nominal GDP/Real GDP)× 100)

Hence,

GDP deflator = (14.6 / 13.2 ) × 100

GDP deflator = 110.6%

Thus,

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5 0
2 years ago
The Borio Company had an asset with an $8 book value and a $7 market value; it decided to distribute the asset as a property div
ankoles [38]

Answer:

The net income will decrease and also the total assets will also decrease

Explanation:

Here, we want to know the combined effect on net income and total assets of company that made a decision of distributing assets as a property dividend.

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This will effect the net income as it will come down and total assets value also come down

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3 years ago
James Corporation is planning to issue bonds with a face value of $505,500 and a coupon rate of 6 percent. The bonds mature in 7
mart [117]

Answer:

4%=$566,697.09  

6%=$505,500

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Explanation:

The issue price of the bond can be computed using the pv formula in excel spreadsheet as below:

=-pv(rate,nper,pmt,fv)

the rate is the market of 4% divided by 2

nper is the number of semiannual interest the bonds would pay which is 7 years multiplied by 2 i.e 14

pmt is the semiannual coupon interest on the bond,which is $505,500*6%*6/12=$15165

fv is the face  value repayable on redemption which is $505,500

for market rate of 4%

=-pv(2%,14,15165 ,505500)=$566,697.09  

for market rate of 6%

=-pv(3%,14,15165 ,505500)=$ 505,500.00  

for market interest of 8.5%

=-pv(4.25%,14,15165 ,505500)=$ 439,842.50  

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viva [34]
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5 0
3 years ago
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Answer:

A. it will go up

Explanation:

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