Customer Service Chat
Get quote & make Payment
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
Ask an Expert
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
Write your message here..
Find how much more space than the toy it will cover, A Solid toy in the for...
A Solid toy in the form of a hemisphere surmounted by the right circular cone of height 2cm and diameter of the base 4 cm .If a right circular cylinder circumscribes the
Trignometry, how to find value of cos20 without using calculator
how to find value of cos20 without using calculator
Hi, how do you find the distance between the sun and earth
how do you find the distance between the sun and earth
Velocity problem, Velocity Problem : Let's look briefly at the velocity pr...
Velocity Problem : Let's look briefly at the velocity problem. Several calculus books will treat it as its own problem. . In this problem we are given a position function of an
Estimate how much should every friend pay, A group of ?ve friends gone out ...
A group of ?ve friends gone out to lunch. The total bill for the lunch was $53.75. Their meals all cost about the similar, so they needed to split the bill evenly. Without consider
Show that the ratio of the volume of the sphere, A sphere and a cube have e...
A sphere and a cube have equal surface areas. Show that the ratio of the volume of the sphere to that of the cube is √6 : √π. Ans: S.A. of sphere = S.A of cube 4π r 2
form a pythagorean triple, A Pythagorean triple is a set of positive integ...
A Pythagorean triple is a set of positive integers (a,b,c) like a2 + b2 = c2. Write a function "ispythag" that will receive 3 positive integers (a, b, c in that order) and will r
Calculate the probability, Let D = 1 denotes the event that an adult male h...
Let D = 1 denotes the event that an adult male has a particular disease. In the population, it is known that the probability of having this disease is 20 percent, i.e., Pr (D = 1)
HELP, A local pizza shop sells large pies for $7 each. If the cost of the o...
A local pizza shop sells large pies for $7 each. If the cost of the order is proportional to the number of pizzas would they charge a delivery charge per pizza or per order ?
Prove which divide these sides in the ratio 2: 1, In a right triangle ABC, ...
In a right triangle ABC, right angled at C, P and Q are points of the sides CA and CB respectively, which divide these sides in the ratio 2: 1. Prove that 9AQ 2 = 9AC 2 +4BC 2
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Terms & Conditions
Copyright by ExpertsMind IT Educational Pvt. Ltd.