Compute the total cost per year of the following pair of expenses. Then complete the sentence: On
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Question:
Compute the total cost per year of the following pair of expenses. Then complete the sentence: On an annual basis, the first set of expenses is _______% of the second set of expenses. Vern buys ten lottery tickets each week at a cost of $2 each and spends $900 per year on his textbooks.
Answer: On an annual basis, the money spent on lottery tickets is -------% of the money spent to buy textbooks.
(Round to the nearest percent as needed.)
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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