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1. You need 2 % meters of ribbon to make a large bowl and 4 m of the ribbon to make small bowl. How much ribbon should you to buy to make you have enough ribbon to make a large and small bowl?

1. You need 2 % meters of ribbon to make a large bowl and 4 m of the ribbon to make small bowl. How much ribbon should you to buy to make you have enough ribbon to make a large and small bowl?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1. You need 2 % meters of ribbon to make a large bowl and % m of the ribbon to make small bowl. How much ribbon should you to buy to make you have enough ribbon to make a large and small bowl? 2. How much value added tax would bea pay for a phone bill amounting to 474.97? how much would be your total pay- ment after applying 12% VAT? 3. MARIA uses to basic elements, a and b, and combine them in the ratio of 2:7. If he has 91 parts of elements B, how many parts of element a should he use? 4. A paper cost the store manager 161 and he marked it up an- other 89. What was the selling price of the paper? 5. She pays 37,200 for a camera. If the markup is 19% on the cost, what is the selling price? 6. He purchased worth 49.50 and sells it for 56.75. what is his gross margin? 7. The selling price of an item is 4,792. It had been marked up 1,248. What was its cost?
Transcribed Image Text:1. You need 2 % meters of ribbon to make a large bowl and % m of the ribbon to make small bowl. How much ribbon should you to buy to make you have enough ribbon to make a large and small bowl? 2. How much value added tax would bea pay for a phone bill amounting to 474.97? how much would be your total pay- ment after applying 12% VAT? 3. MARIA uses to basic elements, a and b, and combine them in the ratio of 2:7. If he has 91 parts of elements B, how many parts of element a should he use? 4. A paper cost the store manager 161 and he marked it up an- other 89. What was the selling price of the paper? 5. She pays 37,200 for a camera. If the markup is 19% on the cost, what is the selling price? 6. He purchased worth 49.50 and sells it for 56.75. what is his gross margin? 7. The selling price of an item is 4,792. It had been marked up 1,248. What was its cost?
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