Answer:
Pounds of raisins = 8.78 pounds
Pounds of nuts = 1.22 pounds
Explanation:
- Let X equal pounds of raisins
- Let (10-X) equal pounds of nuts
- Multiply by the costs for each and set it all equal to 10 pounds at $4/pound
$3.45X + $7.95(10-x) = 10 pounds *$4/pound
$3.45X + 79.50 - 7.95x = $40
Now simplify the x variables on the left and subtract the dollar amount from the right:
3.45x-7.95x = 40-79.50
-4.5x= -39.50
Divide by negative 4.5 to solve for x
x= 8.78 (rounded)
Remember that x= amount of raisins and (10-x)= pounds of nuts
Pounds of raisins = 8.78 pounds
Pounds of nuts = (10-8.78) = 1.22 pounds
Notice that 8.78+1.22 = 10 pounds, so it all checks out!
Answer:
a. hydrogenated vegetable oil
Explanation:
Hydrogenated vegetable oil -
It is found in many common food ingredients.
The hydrogenated vegetable oil is composed of oils that are extracted from sunflowers , olives plants etc.
These oils are liquid at room temperature , and to convert it to solid , the compound is saturated with hydrogen molecules , i.e. , hydrogen molecules are added , which changes the taste and texture of the oil .
The process of hydrogenation forms trans fats , which is unsaturated in nature and is therefore harmful for health.
Answer:
D. Debit Sales Revenue for $140 and credit Cash for $140.
Explanation:
The journal entry to record the sale:
Dr Cash 3,500
Cr Sales revenue 3,500
Dr Cost of goods sold XY
Cr Merchandise inventory XY
The journal entry to record the allowance for the defective merchandise:
Dr Sales revenue (or sales returns and allowances) 140
Cr Cash 140
Sales returns and allowances account is a contra revenue account that decreases sales revenue. In this case, the company uses only sales revenue account which is reduced by debiting it.
Answer:
b. -$350,000
Explanation:
The calculation of net cash used in financing activities is shown below:-
Net cash used in cash flow from financing activities = Borrow from bank - Dividend paid + Issue common Stock - Loan repaid
= $1,250,000 - $1,200,000 + $500,000 - $900,000
= -$350,000
Therefore for calculating the net cash used in financing activities we simply applied the above formula.
Answer: Option (b) is correct.
Explanation:
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
The preferences of Pam, Pru and Pat are given. Therefore, according to their preferences, the opportunity cost of the trip to Hawaii for Pam and Pat is a cruise and for Pru is a skiing.
