A New Chocolate Company Is Estimating How Many Candy Bars

question 395

Multiple Choice

A new chocolate company is estimating how many candy bars per week college students will consume of their line of
products. The graph shows the probable number of candy bars students (age 18-22) will consume from year 0 to year 10.
B(x) gives the number of candy bars for boys, G(x) gives the number of candy bars for girls, and T(x) gives the total
number for both groups. Use the graph to answer the question.
-Estimate B(7) and G(7) and use your estimates to estimate T(7) .

• A) 2.5; 4.0; 6.5
• B) 2.2; 4.3; 6.5
• C) 3.5; 4.2; 7.7
• D) 2.3; 4.0; 6.3

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Definitions:

Retained Earnings

The portion of net earnings not distributed as dividends to shareholders but retained by the company to reinvest in its core business or to pay debt.

Net Income

The total profit of a company after all expenses, taxes, and costs have been deducted from total revenue.

Dividend

A payout of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.

Treasury Stock

Treasury stock represents shares of a company's own stock that it has reacquired and holds, which do not confer voting rights or dividend payments.