Find the Quantity Requested

question 70

Multiple Choice

Find the quantity requested. Round to the nearest whole number.
-A total of 156 seats were apportioned to 19 states in a certain country which has a total population of 8,977,808. Find the average number of people represented per seat in this country.

• A)57,550
• B)472,516
• C)3029
• D)1,093,451

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Definitions:

Targeted Cost

A cost management strategy where a product's planned profit and required cost are computed by considering the competitive market price.

Debt-Equity Ratio

This ratio measures the balance between financing a company's assets with equity compared to debt.

Degree of Financial

The measure of a firm's financial leverage, indicating the level of financial risk by comparing debt to equity or assets.

Net Income

The profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating the actual profit earned during a specific period.