Momma's Ice Cream Shop Sells Three Types of Ice Cream $$\left[ \begin{array} { r r r } 11 & 100 & 30 \\25 & 90 & 21 \\60 & 40 & 120\end{array} \right]$$

question 150

Multiple Choice

Momma's ice cream shop sells three types of ice cream: soft-serve, chunky, and nonfat. Location I sells 11 gal of soft-serve, 100 gal of chunky, and 30 gal of nonfat ice cream each day. Location II sells 25 gal of soft-serve and
Location III sells 60 gal of soft-serve each day. Daily sales of chunky ice cream are 90 gal at Location II and 120
Gal at Location III. At Location II, 21 gal of nonfat are sold each day, and 40 gal of nonfat are sold each day at
Location III. Write a 3 × 3 matrix that shows the sales figures for the three locations, with the rows representing
The three locations.

• A)
• \[\left[ \begin{array} { r r r }
• 11 & 100 & 30 \\
• 25 & 90 & 21 \\
• 60 & 40 & 120
• \end{array} \right]\]
• B)
• \(\left[ \begin{array} { c c r } 11 & 25 & 60 \\ 100 & 90 & 120 \\ 30 & 21 & 40 \end{array} \right]\)
• C)
• \(\left[ \begin{array} { r r r } 11 & 100 & 30 \\ 25 & 90 & 21 \\ 60 & 120 & 40 \end{array} \right]\)
• D)
• \[\left[ \begin{array} { r r r }
• 11 & 90 & 30 \\
• 25 & 100 & 21 \\
• 60 & 120 & 40
• \end{array} \right]\]

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Definitions:

Accounts Payable

The amount of money that a company owes its suppliers for goods and services purchased on credit and has not yet paid.

Common-Size Financial Statement

Financial statements that present all items in percentage terms, with each line item displayed as a percentage of a significant figure such as total sales or total assets, for comparison purposes.

Source Of Cash

A Source Of Cash refers to activities or transactions that bring money into a company, increasing its cash flow, such as operating activities, financing activities, and investing activities.

Accounts Payable

The amount of money that a company owes to its suppliers or creditors, representing its short-term liabilities.