Solve
-Kelly Is a Partner in an Internet-Based Seed and Garden

question 89

Multiple Choice

Solve.
-Kelly is a partner in an Internet-based seed and garden supply business. The company offers a blend of exotic wildflower seeds for $\$ 75$ per pound and a blend of common wildflower seeds for $\$ 30$ per pound. Kelly is creating a medium-price product by mixing together 31 pounds of the more expensive blend with 6 pounds of the less expensive blend. What will be the price per pound for the new blend? (Round to the nearest cent, if necessary.)

• A) \(\$ 37.30\) per pound
• B) \(\$ 67.70\) per pound
• C) \(\$ 13.14\) per pound
• D) \(\$ 23.86\) per pound

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Definitions:

Acquisition

An acquisition involves one company purchasing another company or its assets, often to expand its operations or enter new markets.

Trade Name

A commercial name under which a business operates and is known to its customers.

Legal Costs

Expenses incurred by an entity related to legal services, including attorney fees, court fees, and settlements.

Internally Developed Goodwill

The unrecognized benefit or extra value generated from a business's internal operations and initiatives, which is not formally recorded on the balance sheet.