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Sauron [17]
4 years ago
7

Abby has a weekly budget of $75 to spend on fruit and vegetables. She decides to buy 2 pounds of organic fruit at a cost of $7.5

0/lb. She spends the rest on 6 pounds of organic vegetables. What is the price she pays for each pound of vegetable, given her budget constraint
Business
2 answers:
Gre4nikov [31]4 years ago
7 0

Answer:

m=$10

Explanation:

money spent on organic fruit=2×$7.5= $15.0

money left=$75-$15=$60

she bought 6 lbs of organic vegetables,

.: money spent on each lb of vegetable × 6 = $60

m × 6 = $60

m = $60/6

m= $10

noname [10]4 years ago
6 0

Answer: ₦10/lb

Explanation: Total budget for the week is $75

If she spends $7.50/lb on two pounds of organic fruits, then $7.50 multiplied by the number of pounds gives total spent on organic fruits:

$7.50 x 2 = $15

Amount left after buying organic fruits is given by Total budget minus cost of organic fruits bought:

$75 - $15 = $60

If 6 pounds of vegetable was bought, then dividing the left over amount by number of pounds gives cost of vegetable per pound:

$60 / 6lb = $10/lb

That is the price at which she buys for each pound of vegetable.

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Taxes on the property Buyer Alan is purchasing are $3,200 due on December 31. If the closing is set for October 15, using the 36
lisabon 2012 [21]

Answer:

C). The seller's share of $2,525.76

Explanation:

The 365-day assumes a total of 365 days in a year. So the number of days up to when the closing is set should be determined as shown;

<em>Step 1: Determine total number of days up to October 15</em>

Total days up to October 15=Number of days in January+number of days in February+number of days in March+number of days in April+number of days in May+number of days in June+number of days in July+number of days in August+number of days in September+number of days up to October 15

where;

number of days in January=31

number of days in February=28

number of days in March=31

number of days in April=30

number of days in May=31

number of days in June=30

number of days in July=31

number of days in August=31

number of days in September=30

number of days up to October 15=15

replacing;

Total days up to October 15=(31+28+31+30+31+30+31+31+30+15)=288 days

<em>Step 2: Determine the amount of taxes that will be credited to the buyer</em>

Sellers share=(number of days up to October 15/total number of days in a year)×Taxes due on December 31

where;

number of days up to October 15=288 days

total number of days in a year=365

Taxes due on December 31=$3,200

replacing;

Sellers share=(288/365)×3,200=2,524.93 which is approximately equal to 2,525.76

The seller's share of $2,525.76

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This is an advantage to the issuing company because they are usually not under any obligation to pay Dividends with respect to common Equity. As a result profits can be plowed back into the company to increase profitability.

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