1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nika2105 [10]
2 years ago
9

A school's band members raised money by selling magazine subscriptions and shirts. Their profit from selling shirts was $\$5$ pe

r shirt minus a one-time $\$40$ set-up fee. Their profit from selling magazine subscriptions was $\$4$ per subscription. They made exactly the same profit from shirts as they did from magazines. They also sold the same number of shirts as magazine subscriptions. How many shirts did they sell?
Business
1 answer:
Savatey [412]2 years ago
7 0

Answer:

They sold 40 shirts and 40 magazine subscriptions.

Explanation:

profit per shirt = $5

set up costs = $40

profit per magazine = $4

S = shirts

C = setup costs

M = magazine

5S - C = 4M

S = M so we replace

5S - 40 = 4S

5S - 4S = 40

S = 40

They sold 40 shirts and 40 magazine subscriptions.

You might be interested in
A university has just hired additional faculty and staff. Who of the following is most likely to earn the highest pay?
Sladkaya [172]
I guess both the same pay,
cause the university tallies the amount of work to both of them
5 0
3 years ago
Assuming a 360-day year, proceeds of $48,750 were received from discounting a $50,000, 90-day note at a bank. The discount rate
PIT_PIT [208]

Answer:

the discount rate should be 10%

Explanation:

The computation of the discount rate should be given below:

The Amount of discount is is

= $50,000 - $48,750

= $ 1,250

The $1,250 should be for 90 days.

So for 360 days, it should be

= $1,250 × 4

= $5,000.

And, the discount rate is

= $5,000 ÷ 50,000 × 100

= 10%

Hence, the discount rate should be 10%

3 0
3 years ago
What type of audit occurs at your home or business
Vikentia [17]

The type of audit that occurs at your home or in the business is called the field. It is because the field is the place like home or business in which the IRS goes to in means of conducting the investigation in regards with them and their tax payer.

8 0
3 years ago
If a currency's spot market is liquid, its exchange rate will ________ highly sensitive to a single large purchase or sale of th
Troyanec [42]

Answer:

The correct answers to fill the blank spaces are not be; small

Explanation:

If a currency's spot market is liquid, its exchange rate will not be highly sensitive to a single large purchase or sale of the currency. Therefore, the change in the equilibrium exchange rate will be relatively small.

7 0
3 years ago
Read 2 more answers
At the end of business on September 1, the total displayed on the cash register tape shows $1,059 of cash sales for the day. How
IrinaVladis [17]

Answer:

Debit Cash for $1,050; Debit Cash over and short for $9; and Credit Sales for $1,059.

Explanation:

The journal entries will look as follows:

<u>Date            Account Title                         Debit ($)             Credit ($)   </u>

Sept 1          Cash                                           1,050

                   Cash over and short (w.1)               9

                   Sales                                                                      1,059

<em><u>                    To record cash over and short for the day.                            </u></em>

Working:

w.1:    Cash over and short = Cash recorded - Actual cash collected  = $1,059 - $1,050 = $9

8 0
3 years ago
Other questions:
  • True or false: the price floor of $6 per pound of cheese reduces the total revenue of cheese producers.
    10·1 answer
  • "for maps are from the nature of them a very slight evidence, geographers often lay them down upon incorrect surveys, copying th
    5·1 answer
  • What is the relationship between weather, climate, axis, temperature, revolution, equinox, and solstice?
    11·1 answer
  • Michael is maximizing utility by consuming three colas at $3 a piece and four hot dogs. The last cola gave him 300 units of util
    11·1 answer
  • Imagine that you are a parent with young children. You want to get
    12·1 answer
  • This month, a company receives $5,000 from a regular customer, of which $3,000 is for products delivered last month and $2,000 i
    14·1 answer
  • Why would you put money in a saving account
    7·2 answers
  • The last dividend on Spirex Corporation's common stock was $4.00, and the expected growth rate is 10 percent. If you require a r
    11·1 answer
  • Using the high-low method and the Millco data above, what is the approximate fixed cost component of the monthly maintenance cos
    10·1 answer
  • Zoe is a CEO of corporation she organized herself and the corporation has 15 shareholders the company operates in several States
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!