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Dimas [21]
3 years ago
14

group of winning ticket holders share equally in a ​$35 comma 000 comma 000 lottery. Before the money is​ divided, two more winn

ing ticket holders are declared. As a​ result, each​ person's share is reduced by ​$2 comma 000 comma 000. How many people were in the original group of​ winners?
Business
1 answer:
hoa [83]3 years ago
6 0

Answer:

The answer is: The original group of lottery winners was made up of 5 people.

Explanation:

The total prize amount was $35,000,000 with each original winning ticket holder earning $7,000,000.

                    $35,000,000 / 5 = $7,000,000 for each winner

When 2 more winning ticket holders show up, the total prize has to be redivided to include them.

                     $35,000,000 / 7 = $5,000,000 for each winner

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goldenfox [79]

Answer:

508,000 units

Explanation:

The computation of the number of finished goods produced is shown below:

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= 2,600 units + 506,000 units - 600 units

= 508,000 units

We simply added the closing inventory into sales and deducted the opening inventory so that the finished goods produced during the year could come

4 0
4 years ago
g You are given the following information. Durable good consumption 462 Residential investment 526 Imports 987 Government expend
AlexFokin [52]

Answer:

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Explanation:

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3 0
3 years ago
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kozerog [31]
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3 years ago
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Which method for evaluating capital investment proposals reduces the present value of cash outflows from the present value of ca
Viktor [21]

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Net present value (NPV) is the difference between the present value of cash inflows and the present value of cash outflows over a period of time. NPV is used in capital budgeting and investment planning to analyze the profitability of a projected investment or project. Net Present value is the result of calculations used to find the current value of a future stream of payments.

Net Present value accounts for the time value of money and can be used to compare the rates of return of different projects, or to compare a projected rate of return with the hurdle rate required to approve an investment.

The time value of money is represented in the Net Present value formula by the discount rate, which might be a hurdle rate for a project based on a company's cost of capital. No matter how the discount rate is determined, a negative Net Present value shows the expected rate of return will fall short of it, meaning the project will not create value.

Learn more about Net Present value here

brainly.com/question/14293955

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6 0
1 year ago
What were three groups other than automobile corporations that were financially well-off during the depression?
boyakko [2]
Tobacco companies, Newspaper publisher, and Private utility companies,
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3 years ago
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