Kohl's Sells Casual Shirts for $9 and Polo Shirts for $18.00

question 64

Multiple Choice

Kohl's sells casual shirts for $9 and polo shirts for $18.00. Total sales were $1,080, and customers bought 4 times as many casual shirts as polo shirts. How many casual shirts did Kohl's sell?

• A)80
• B)60
• C)40
• D)12
• E)None of these

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Definitions:

NPV

Net Present Value (NPV) is a financial metric that calculates the difference between the present value of cash inflows and outflows of a project or investment over time.

Capital-Labor Ratio

The ratio of the total value of capital equipment to the labor force, indicating the level of capital intensity in production processes.

Productivity Growth

The increase in the efficiency of production in an economy, typically measured as the output per hour worked.

Cumulative Power

Cumulative power refers to the total amount of energy generated or exerted over a period of time.