Answer:
Each should be used as follows:
Weight of peppermints = X = 25 lb
Weight of Chocolates = Y = 15 lb
Explanation:
Suppose
Weight of peppermints = X
Weight of Chocolates = Y
So According to given condition
X + Y = 40 (Eq. 1)
1.2X + 2.4Y = 1.65*40
1.2X + 2.4Y = 66 (Eq. 2)
By multiplying (Eq. 1) with 1.2 we get
1.2X + 1.2Y = 48 (Eq. 3)
Now by subtracting (Eq. 2) from (Eq. 3)
(1.2X + 1.2Y) - (1.2X + 2.4Y) = 48 - 66
1.2X + 1.2Y - 1.2X - 2.4Y = -18
1.2X - 1.2X + 1.2Y - 2.4Y = -18 (Rearrange)
-1.2Y = -18
1.2Y = 18
Y = 18/1.2
Y = 15
By placing value of Y in (Eq. 1)
X + 15 = 40
X = 40 - 15
X = 25
<u>Check</u>
1.2X + 2.4Y = 66
1.2 (25) + 2.4 (15) = 66
66 = 66
Answer:
A bachelor degree is typically earned between 3 and 4 years. Many schools require students to complete about 40 courses or 120 credit hours.
Answer:
Quantity of oil bought & sold would depend upon relative change i.e increase & decrease in demand & supply respectively.
- ↑Dd = ↓Sy : Qty same
- ↑Dd > ↓Sy : Qty ↑
- ↑Dd < ↓Sy : Qty ↓
Explanation:
Libya is an exporter of Oil to China. It implies china's demand for oil is satisfied by Libya's imports.
Usual markets are at equilibrium when market demand = market supply, demand & supply curves intersect.
Political unrest in Libya decreasing oil production, would decrease supply (exported) of oil to China & sift supply curve leftwards. Simultaneously, increase in China demand for oil would shift the demand curve rightwards. These changes in demand, supply would create excess demand. Excess demand would cause competition among buyers & increase the new equilibrium price.
However, <u>Quantity </u>of oil bought & sold would depend upon relative change , shift in demand & supply. If increase in demand is equal to decrease in supply, the quantity would remain<u> same.</u> If increase in demand is more than decrease in supply, quantity will <u>increase</u>. If increase in demand is less than decrease in supply, the quantity will <u>decrease.</u>
The expected return on this portfolio will be given by:
E[P]=Rf+(E[Rm]-Rf)β
Where:
Rf=Risk Free interest rate
Rm=Return on the market portfolio
β= Market Beta
The return on our portfolio will be:
E[p]=0.043+(0.128-0.043)0.013
=0.043+0.085*0.013
=0.044105
=4.4105%
Answer:
Journals
Explanation:
“books original entry refers to the accounting journals in which business transcriptions are initially recorded the information in these books are summarized and posted into a general ledger from which financial statements are produced"
