Miguel Is Selling Tickets to a Barbeque

question 273

Essay

Miguel is selling tickets to a barbeque. The tickets are $4.50 for adults and $3.50 for children. He sells twice as many adult tickets as children's tickets and brings in a total of $62.50. How many of each kind of ticket did he sell? __________ adult tickets, __________ children tickets

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Definitions:

Quick Ratio

A liquidity ratio that measures a company's ability to cover its short-term obligations with its most liquid assets, excluding inventory.

Wholesaler

A wholesaler is an intermediary entity in the distribution process that buys bulk quantities of goods from manufacturers and sells them to retailers or professional buyers.

Consumers

Individuals or groups that purchase goods and services for personal use.

Service Company

A business entity that provides professional services or expertise instead of physical goods.