Mr. Lorenzo gave his 2 sons $50 to buy a cooler. The total cost for the cooler is $44. Mr. Lorenzo told his sons that they could each have an equal share of the change they receive. The equation shown can be used to determine s, the amount of money each son should receive in dollars. s = (50 - 44) ÷2 What amount of money is represented by s ?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Mr. Lorenzo gave his 2 sons $50 to buy a cooler. The total cost for the cooler is $44. Mr. Lorenzo told his sons that they could each have an equal share of the change they receive. The equation shown can be used to determine s, the amount of money each son should receive in dollars.

s = (50 - 44) ÷2

What amount of money is represented by s ?

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