Calculate the cost of one pound of nitrogen from a fertilizer containing 17.5% ammonium sulfate by weight and costing $8.10 per 100 lb. Express your answer in dollars per pound of nitrogen to three significant figures.

Calculate the cost of one pound of nitrogen from a fertilizer containing 17.5% ammonium sulfate by weight and costing $8.10 per 100 lb. Express your answer in dollars per pound of nitrogen to three significant figures.

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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