Solve the Problem $3 \frac { 1 } { 2 }$

question 110

Multiple Choice

Solve the problem.
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Six posts are used to support a fence. Each post is $3 \frac { 1 } { 2 }$ inches wide and the posts are evenly spaced.
If the width of the fence is 387 inches, how much space is between each post?

• A) \(63 \frac { 1 } { 2 }\) inches
• B) \(77 \frac { 2 } { 5 }\) inches
• C) \(64 \frac { 1 } { 2 }\) inches
• D) \(73 \frac { 1 } { 5 }\) inches

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Definitions:

Capital Equity

Equity capital that is invested into a company by investors who purchase shares of stock, providing long-term funding for business operations.

Income Sharing Ratio

Income sharing ratio refers to the pre-agreed proportion used to distribute profits or losses among partners in a partnership according to their partnership agreement.

Partners' Equity

The total amount of capital contributed by partners plus their accumulated profits retained in the business.

Capital Account Balances

The financial records that show the equity ownership and investment contributions of partners or shareholders in a business.