Estimate the Answer to the Problem A) $1990
B) $16

question 72

Multiple Choice

Estimate the answer to the problem.
-In a shop that sells a variety of nuts, the prices of some items are as given below. If Sarah buys 2 lb of cashews, 1 lb of walnuts, and 2 lb of raisins, how much did she have to pay? $$\begin{array} { l | c } \text { Item } & \text { Cost/lb } \\\hline \text { Almonds } & \$ 4.50 \\\text { Walnuts } & \$ 3.90 \\\text { Cashews } & \$ 4.90 \\\text { Pecans } & \$ 3.70 \\\text { Raisins } & \$ 3.10\end{array}$$

• A) $19.90
• B) $16.00
• C) $26.90
• D) $23.80

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Definitions:

Financial Ratios

Quantitative measures that are used to gauge the financial health of a business by evaluating its performance and financial condition.

External Benchmarking

The process of comparing an organization's performance, processes, or products against those of leading companies in the same or a different industry to identify best practices.

Financial Targets

Specified goals related to the financial performance of an organization, such as revenue, profits, or return on investment.

Sales Revenues

The total amount of money generated from the sale of goods or services before any expenses are subtracted.