A Commonly Used Artificial Hip Joint Replacement Consists of a Cobalt-Chrome

question 26

Multiple Choice

A commonly used artificial hip joint replacement consists of a cobalt-chrome alloy combination. The cobalt-chrome replacement consists of 34 $\%$ cobalt and 19 $\%$ chrome with the balance made up of a mix of other metals. If the hip joint replacement weighs 18 ounces, how many ounces of cobalt and chrome are in the replacement? Round Your answer to the nearest tenth.

• A) 5.1 ounces cobalt; 2.8 ounces chrome
• B) 4.8 ounces cobalt; 2.7 ounces chrome
• C) 6.1 ounces cobalt; 3.4 ounces chrome
• D) 4.4 ounces cobalt; 2.5 ounces chrome
• E) 4.1 ounces cobalt; 2.3 ounces chrome

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Definitions:

Gain

The financial benefit obtained when the selling price of an asset exceeds its purchase price.

Assumes Liability

Taking on the legal responsibility for a debt or obligation.

Realized Gain

Profit from the sale of an asset or investment when the selling price exceeds the original purchase price.

Ordinary Income

Income earned through standard operations, including wages, salaries, commissions, and interest income, typically taxed at normal rates.