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Debora [2.8K]
3 years ago
5

Liam is setting up folding chairs for a meeting. If he arranges the chairs in 7 rows of the same length, he has 3 chairs left ov

er. If he arranges the chairs in 5 rows of that same length, he has 19 left over. How many chairs does Liam have?
Business
1 answer:
Schach [20]3 years ago
7 0

Answer:

59

Explanation:

Let x = length of the rows

we can derive two equations from this question

1. 7x + 3

2. 5x + 19

Since the number of chairs are equal in the two equations :

7x + 3 = 5x + 19

solve for x

2x = 16

x = 8

Substitute for x in either equations

7(8) + 3 = 59

5(8) + 19 = 59

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Singh Co. reports a contribution margin of $960,000 and fixed costs of $720,000. (1) Compute the company’s degree of operating l
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Answer: 1. Degree of Operating Leverage = 4

2. $384,000

Explanation:

1. Degree of Operating Leverage is calculated by dividing the Contribution margin by the Net Operating income.

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