Response:
The correct choice is (c)
Clarification:
Given:
The balance in Sue's account before any spending is $899.83
Expenses include:
Rent = $353.76
Video game = $32.79
Bike maintenance = $60.26
Jacket = $55.62
Rug = $80.40
Night out = $35.77
Total expenses amount to 353.76 + 32.79 + 60.26 + 55.62 + 80.4 + 35.77
= $618.60
Remaining in the account after these transactions = 899.83 - 618.60
= $281.23
Sue's share towards the TV cost = $305.22
If she proceeds with purchasing the TV, her balance would drop below zero by $23.99 (281.23 - 305.22) since she wouldn't have enough left to cover the TV's price.
The price of coffee beans decreases while their quantity increases. The exceptionally favorable weather leads to a greater harvest of coffee beans, thus expanding the supply curve to the right. This results in a lower price for coffee beans, which consequently boosts the quantity sold. Additionally, a decrease in coffee bean prices results in an increased supply of coffee cups, which in turn reduces their price while elevating the quantity of coffee cups sold. Given that coffee cups and donuts are complementary products, the decreased coffee bean prices stimulate a rise in demand for donuts, elevating both the price and quantity of donuts sold.
Rhanda Merchandising Inc.
Income Statement
Total revenue $2,980,000
-Cost of goods sold ($1,520,828)
Gross profit $1,459,172
-Depreciation expense ($250,000)
Operating profit $1,209,172
Gain on condemnation of company property $266,000
-Loss of assets from meteor strike ($656,000)
Income from continuing operations before taxes $819,172
-Income taxes ($207,000)
Income from continuing operations after taxes $612,172
Gain from discontinued operations $755,000
-Loss from discontinued operations ($475,000)
Net income $892,172
Answer:
6.4 minutes
Explanation:
Daily average for small tools = 445
Working hours = 8, which translates to 8*60 = (480 minutes)
Waiting time =
(image of the operation in the attached file)
= [445]/[(2*35)]
= 445/70
= 6.357 minutes