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andriy [413]
1 year ago
9

A soft drink costs 75 cents for a 12-oz can. A two-liter bottle costs $1.25. In which form is the soft drink more expensive? How

much more expensive? (1.0 L = 1.057 qt, 1 qt = 32 oz)
Business
1 answer:
Verdich [7]1 year ago
4 0

Answer:

The coldrink is more expensive in Can form.

Can is $0.044/oz more expensive than bottle

Explanation:

Data provided in the question:

Cost of 12-oz can = 75 cents = $0.75

Cost of 2 Liter bottle = $1.25

Now,

Cost per oz for can = $0.75 ÷ 12

= $0.0625/oz

For bottle

Total oz contained = 2 × 1.057 × 32 oz     [As 1.0 L = 1.057 qt, 1 qt = 32 oz]

= 67.648 oz

Therefore,

Cost per oz for bottle = $1.25 ÷  67.648 oz

= $0.0185/oz

Hence,

The coldrink is more expensive in Can form.

Difference = $0.0625/oz - $0.0185/oz

= $0.044/oz

Hence,

Can is $0.044/oz more expensive than bottle

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d1i1m1o1n [39]

Answer:

a. 567.7890013

b.200

c.767.7890013

d.15.356%

e.23.356

Explanation:

Please see attachment .

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3 0
1 year ago
If the direct quote for a U.S. investor for British pounds is $1.43/£, then the indirect quote for the U.S. investor would be __
Tpy6a [65]

Answer:

The answer is A. £0.699/$; £0.699/$

Explanation:

The direct quote for British investor is the same as the indirect quote for the U.S. investor.

Calculation is as follows; 1/1.43 = 0.699

7 0
1 year ago
Kate is a florist. Kate can arrange 20 bouquets per day. She is considering hiring her husband william to work for her. Together
Grace [21]

Answer:

Marginal product is the addition to the number of goods produced when 1 worker is added to the workforce. In this case one worker will be added to the workforce if William is hired. When will is hired the bouquets per day increase from 20 to 35. This means that the addition to the number of bouquets is 15(35-20). So When William is hired the number of goods increase by 15 which means William's Marginal product is 15.

Explanation:

4 0
1 year ago
An investor purchased a "par bond" for $500 with the principal $500. Over n = 6 years the bond will pay 2% coupon annually. Find
liubo4ka [24]

Answer:

2.0%

Explanation:

Coupon received annually = $500*2% = $10

We have the cash flow from year 0 to year 6 as below:

Year 0 ($500)

Year 1 $10  

Year 2 $10  

Year 3 $10  

Year 4 $10  

Year 5 $10  

Year 6 $510   (Principal $500 & coupon $10)

IRR (internal rate of return) whereas  the present value of all cash flow is nil

It is very difficult to calculate IRR manually, but easily in excel = IRR(-500,10,10,10,10,10,510) = 2%

Please see excel attached

Download xlsx
3 0
1 year ago
A foundation was endowed with $15,000,000 in July 2010. In July 2014, $5,000,000 was expended for facilities, and it was decided
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Answer:

$2,274,639.75

Explanation:

Endowment on July 2010 = $15,000,000

Endowment amount on July 2014 = $15,000,000 (1+0.05)^4 - Expenditure on facilities

= $15,000,000 (1.2155) - $5,000,000

= $18,232,500 - $5,000,000

= $13,232,500

Amount to be set aside for operation expenses = $250,000/0.05 = $5,000,000

Amount available for capital replacement = $13,232,500 - $5,000,000 = $8,232,500

5-years effective interest rate = (1+0.05)^5 - 1 = 0.2763

Annual available for capital replacements every fifth year forever = $8,232,500 (0.2763) = $2,274,639.75

8 0
1 year ago
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