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Charra [1.4K]
3 years ago
7

Quincy lives on pretzels and seafood salads. The price of pretzels is 1 dollar per bag and the price of seafood salads is 2 doll

ars each. Quincy allows himself to spend no more than 14 dollars a day on food. He also restricts his consumption to 3,400 calories per day. There are 600 calories in a bag of pretzels and 200 calories in a seafood salad. If he spends his entire money budget each day and consumes no more calories than his calorie limit, he can consume up to:_______.
A) 2 bags of pretzels per day but no more.
B) 5 seafood salads per day but no more.
C) 4 bags of pretzels per day but no more.
D) 5 bags of pretzels per day but no more.
E) None of the above.
Business
1 answer:
nexus9112 [7]3 years ago
5 0

Answer:

C) 4 bags of pretzels per day but no more.

Explanation:

Let x represent the amount of pretzels bought and let y represent the amount of seafood bought.

Since Quincy allows himself to spend no more than 14 dollars a day on food, hence:

x + 2y ≤ 14        (1)

He also restricts his consumption to 3,400 calories per day, hence:

600x + 200y  ≤ 3400    (2)

Also, x, y > 0        (3)

Plotting the constraints of equation, 1, 2 and 3 using geogebra online graphing tool

From the graph, the point that satisfy this equation is (4, 5). That is 4 pretzels and 5 seafood.

This means that he can consume 4 bags of pretzels per day but no more.

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Answer:

The APR will increase quite substantially

Explanation:

6 0
3 years ago
Sidewinder, Inc., has sales of $634,000, costs of $328,000, depreciation expense of $73,000, interest expense of $38,000, and a
Mazyrski [523]

Answer:

$154,050

Explanation:

The computation of the net income for the firm is shown below:

Sales               $634,000

Less: costs      -$328,000

Less: depreciation -$73,000

EBIT                   -$233,000

Less: interest      -$38,000

EBT                      195,000

Less: tax(195,000 × 21%) -$40,950

Net income    $154,050

We simply deduct all expenses ,interest and taxes from the sales revenue so that the net income could come and the same is to be considered

5 0
3 years ago
Dolce Co. estimates its sales at 180,000 units in the first quarter and that sales will increase by 18,000 units each quarter ov
Nataly_w [17]

Answer:

The answer is b) $5,319,000.

Explanation:

We have cash collection in third quarter will include:

+ 40% of sales in third quarter which is made in cash;

+ 70% of the remaining 60% of credit sales in third quarter which is collected within the quarter;

+ The remaining 30% of 60% credit sales in second quarter which is collected in third quarter.

We also have:

Sales in second quarter (units) = 180,000 + 18,000 = 198,000 units => Sales revenue = 198,000 x 25 = $4,950,000 => Cash collection in third quarter = 30% x (60%x 4,950,000) = $891,000;

Sales in third quarter (units) = 198,000 + 18,000 = 216,000 units => Sales revenue = 216,000 x 25 = 5,400,000 => Cash collection in third quarter = 0.4 x 5,400,000 + 0.7 x (0.6 x 5,400,000) = $4,428,000

=> Total cash collection in third quarter = 891,000 + 4,428,000 = $5,319,000  

5 0
3 years ago
Read 2 more answers
Refer to the following selected financial information from McCormik, LLC. Compute the company's current ratio for Year 2. Year 2
swat32

Answer: 3.39

Explanation: Current ratio can be defined as a liquidity ratio which is used by the accountants the evaluate the ability of the company to pay its short term obligations. It can be computed as follows :-

current\ ratio=\frac{curret\ assets}{current\ liabilities}

where,

current assets = $38,500 + $100,000 + $90,500 + $126,000 + $13,100 = $368,100

current liabilities = $108,400

now putting the values into equation we get :-

current\ ratio=\frac{368,100}{108,400}

                             = 3.39

8 0
3 years ago
A Contracting Officer notifies you of an acquisition for a specific requirement and asks you to assist with market research to i
iragen [17]

Answer: tactical market research

Explanation:

The type of market research that will be used is the tactical market research. A tactical market research is typically done when there is a particular acquisition or need. It is designed in such a way that the specific questions can be answered.

Since the contracting officer notifies of an acquisition for a specific requirement and asks you to assist with market research to identify potential small businesses who could perform the work, the tactical market research should be used.

6 0
3 years ago
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