a. How many people visited one of the three coffee shops on Monday?b. What percent of people visited either PlanetEuro or Frothies on Monday?c. If Alicia had been able to achieve the same percentage of visitors for the entire week as she does on Monday, how many ADDITIONAL people would then visit Cool Beans? Cool Beans is a locally owned coffee shop that competes with two large coffee chains, PlanetEuroand Frothies. Alicia, the owner, hired two students to count the number of customers that enteredeach of the coffee shops to estimate what percent of people who are interested in coffee are visitingeach shop. After a week, the students found the following results: 657 visited Cool Beans, 894visited PlanetEuro, and 1,250 visited Frothies. The students were surprised that Cool Beans had 130visits on Monday which represented 52% of all people who visited one of the three coffee shops onMondays.How many people visited one of the three coffee shops on Monday?CALCULATED VARIABLES:0 visitstotvisits = 2,801PS312345SUBMIT ANSWEREXIT

a. Given: 130 visits on Monday represents 52% of all people who visited one of the 3 coffee shops on…

Answered: a. How many people visited one of the…

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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a. How many people visited one of the three coffee shops on Monday?

b. What percent of people visited either PlanetEuro or Frothies on Monday?

c. If Alicia had been able to achieve the same percentage of visitors for the entire week as she does on Monday, how many ADDITIONAL people would then visit Cool Beans?

Cool Beans is a locally owned coffee shop that competes with two large coffee chains, PlanetEuro
and Frothies. Alicia, the owner, hired two students to count the number of customers that entered
each of the coffee shops to estimate what percent of people who are interested in coffee are visiting
each shop. After a week, the students found the following results: 657 visited Cool Beans, 894
visited PlanetEuro, and 1,250 visited Frothies. The students were surprised that Cool Beans had 130
visits on Monday which represented 52% of all people who visited one of the three coffee shops on
Mondays.
How many people visited one of the three coffee shops on Monday?
CALCULATED VARIABLES:
0 visits
totvisits = 2,801
PS3
1
2
3
4
5
SUBMIT ANSWER
EXIT

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