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Assignment # 1 (Business Maths)
Assignment # 1 (Business Maths)
2.2
Part(1) Solution:
Total pieces in 1lb box = 64
Pieces of taffy that have choclate in them = 32
Fraction of pieces that have choclate in them = 32/64
= 1/2
Tom's favorite pieces including Red, Green and Orange = 21
Fraction of Tom's favorite pieces including Red, Green and Orange = 21/64
Part(2) Solution:
No. of Pepperment pieces = 8
No. of chocolate pieces = 30
No. of licorice pieces = 6
Fraction of Pepperment pieces = 8/64
Fraction of chocolate pieces = 30/64
Fraction of licorice pieces = 6/64
Average Fraction of Pieces = (8+30+6)/64
= 44/64
= 11/16
No, The Atlantic Candy Company do not need to adjust to match most people taste prefrence because the top five
Part(3) Solution:
No. of chocolate and pepperment pieces in a box = 38
Double sized chocolate and pepperment = 38/2
= 19
1/2 lb box = 64/2
= 32
1/2 lb box includes 32 pieces
1/2 lb box includes 16 double sized pieces
Part(4) Solution:
Milk chocolates = 20
Double sized milk chocolates = 20/2
= 10
Chocolate mint = 0
Peppermint = 8
Double sized Pepperment = 8/2
=4
there will be ten pieces of milk chocolate taffy and four pieces of peppermint taffy in the special gift box
refrence because the top five choices already have the most popular flavors in them.
3.1
Part(1) Solution:
Stock price for each company in decimals
Alcoa_35 shares at 15 3/8 = 15.375
Coca Cola_150 shares at 24 5/8 = 24.625
IBM_80 shares at 40 11/16 = 40.6875
AT&T_50 shares at 35 1/8 = 35.125
Part(2) Solution:
Total value of all four companies = 15.375 + 24.625 + 40.6875 + 35.125
= 115.8125
Part(3) Solution:
Alcoa_35 shares at $34.19
Coca Cola_150 shares at $48.05
IBM_80 shares at $95.03
AT&T_50 shares at $38.88
Current Prices of the Stock = 34.19 + 48.05 + 95.03 + 38.88
= $216.15
According to current prices of the stock we should hold them because they are increasing value and it will be benefi
sing value and it will be benefit for us.