Solving equations and/or word problems for the unknowns, Mathematics

With their fence in place, Zack and Clint set to work landscaping yards. Since Clint did the majority of the actual landscaping and planting, he worked on the average more hours than Zack.

As the business prospered, the owners decided to each take shares of stock rather than taking cash from the business. They agreed on the stock split described here. You need to help them calculate some statistics about their business and to help them reconcile their bank account.

1. They determined that it would take $50,000 to begin the business. Zack put in twice as much money as Clint. How much money did each of the owners invest initially?

2. Here is the division of stock that Clint and Zack agreed upon.
Total Shares: 1,250
Total value of shares: $35,890

Zach received his amount of shares that were valued at $29.70 each. (Use X to represent the number of shares he received.)

Clint received his amount of shares that were valued at $27.80 each. (Use 1,250 – X to represent the number of shares Clint received.)

• How many shares did each receive?
• What is the total value of Zach’s shares?
• What is the total value of Clint’s shares?

3. Using the results you found above, determine what percent of stock each owner now has.

4. At the end of the second year in business, their accountant told them that they had realized a 15% increase in sales for the second year, a total of $50,074. What were their first year’s sales?


5. Office expenses for year one was $2,769.30. In the second year they spent $2142.19. What was the percent decrease in office expenses? Round to the nearest tenth of a percent.

6. Income on plant sales alone was $1,416.13 in the second year. Zack and Clint want to increase that income by 19% for the following year. What dollar amount of increase in plant sales will they need to meet their goal?
Posted Date: 2/17/2013 4:44:20 PM | Location : United States







Related Discussions:- Solving equations and/or word problems for the unknowns, Assignment Help, Ask Question on Solving equations and/or word problems for the unknowns, Get Answer, Expert's Help, Solving equations and/or word problems for the unknowns Discussions

Write discussion on Solving equations and/or word problems for the unknowns
Your posts are moderated
Related Questions
1.find lim sup Ek and liminf Ek of Ek=[(-(1/k),1] for k odd and liminf Ek=[(-1,(1/k)] for k even.  2.Show that the set E = {x in R^2 : x1, x2 in Q} is dense in R^2.  3.let r>0 an

in right angle triangle BAC.


You are required to implement Kruskal's algorithm for finding a Minimum Spanning Tree of Graph.  This will require implementing : A Graph Data Type (including a display meth


Equal groupings - when we want to find how many objects there are in several equal-sized sets. (e.g., if there are 3 baskets, each with 4 bananas, 4 oranges and 4 apples, respec

Partial Fractions - Integration techniques In this part we are going to take a look at integrals of rational expressions of polynomials and again let's start this section out w

how to Multiplying Rational Expressions ? To multiply fractions, or rational expressions, you must multiply the numerators and then multiply the denominators. Here's how it is

Variance Square of the standard deviation is termed as variance. The semi inter-quartile range - It is a measure of dispersion which includes the use of quartile. A q

Kyra receives a 5% commission on every car she sells. She received a $1,325 commission on the last car she sold. What was the cost of the car? Use the proportion part/whole =