Solve the Problem. -Sue Took Her Collection of Nickels and Dimes to Deposit

question 104

Multiple Choice

Solve the problem.
-Sue took her collection of nickels and dimes to deposit in the bank. She has five fewer nickels than dimes. Her total deposit was $64.85. How many dimes did she deposit?

• A) 429 dimes
• B) 439 dimes
• C) 434 dimes
• D) 863 dimes

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Definitions:

Fixed Corporate Costs

Expenses that do not vary with production volume or sales, such as salaries of managerial staff and rent for corporate headquarters.

Fixed Expenses

Costs that do not fluctuate with changes in production level or sales volume.

Avoidable Expenses

Costs that can be eliminated if a certain decision is made, such as discontinuing a product line.

Financial Advantage

A benefit enjoyed by an entity that puts it in a stronger financial position, such as lower costs, greater revenues, or superior investment returns.