After looking at your grocery list, you are concerned that you may not be able to afford the food you hav diet. So, you decide to get the biggest bang for your buck by comparing the amount of protein for the pr labeled Price per Gram of Protein. Write your answers in terms of dollars, rounded to four decimal places Food Item Price Servings Protein Per Serving (in grams) Price Per Gram of Protein Pinto Beans $0.92 3.5 Peanut Butter $5.48 35 7 Canned Chicken $1.18 2 13 Oat Cereal $3.84 21 8.
After looking at your grocery list, you are concerned that you may not be able to afford the food you hav diet. So, you decide to get the biggest bang for your buck by comparing the amount of protein for the pr labeled Price per Gram of Protein. Write your answers in terms of dollars, rounded to four decimal places Food Item Price Servings Protein Per Serving (in grams) Price Per Gram of Protein Pinto Beans $0.92 3.5 Peanut Butter $5.48 35 7 Canned Chicken $1.18 2 13 Oat Cereal $3.84 21 8.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:After looking at your grocery list, you are concerned that you may not be able to afford the food you have cho
diet. So, you decide to get the biggest bang for your buck by comparing the amount of protein for the price.
labeled Price per Gram of Protein. Write your answers in terms of dollars, rounded to four decimal places.
Food Item
Price Servings Protein Per Serving (in grams) Price Per Gram of Protein
Pinto Beans
$0.92
3.5
Peanut Butter $5.48
35
Canned Chicken $1.18
2
13
Oat Cereal
$3.84
21
8.
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