2.  Lisa and Mike are partners in a business. The income that the business earns is divided between Lisa and Mike in a 2:3 ratio respectively. Their business earned an income of $250,000 this year. How much will Lisa receive?3.  Trisha and Michael decided to start a business. They decided that Trisha will work at the store full time and Michael will work half time. Trisha and Michael's workload expressed as a ratio respectively would be:7.  The Elegant Farmer grocery store buys bushels of apples each week. Calculate the weighted average price paid per bushel based on the following information for the month of June:WeekNumber of BushelsPrice Per BushelTotal Cost12501.22305.0021501.41211.5031431.38197.3441941.27246.38Total737 960.22$

Question
Asked Aug 31, 2019

2.  Lisa and Mike are partners in a business. The income that the business earns is divided between Lisa and Mike in a 2:3 ratio respectively. Their business earned an income of $250,000 this year. How much will Lisa receive?

3.  Trisha and Michael decided to start a business. They decided that Trisha will work at the store full time and Michael will work half time. Trisha and Michael's workload expressed as a ratio respectively would be:

7.  The Elegant Farmer grocery store buys bushels of apples each week. Calculate the weighted average price paid per bushel based on the following information for the month of June:

Week Number 
of 
Bushels
Price Per 
Bushel
Total 
Cost
1 250 1.22 305.00
2 150 1.41 211.50
3 143 1.38 197.34
4 194 1.27 246.38
Total 737   960.22

$

check_circleExpert Solution
Step 1

Hi there!! Since there are multiple questions asked, I will be solving the first question, as per our policy. In case you need the solution for the other questions, you need to repost them specifying the question number. Thank you.

Let us say, the income that Lisa earns is 2x and that Mike earns is 3x.

So, the total income of the business will be (2x+3x).

Step 2

It is given that, their business earned ...

Thus, (2x 3x) = 250,000
or, 5x 250,000
or, x 50,000
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Thus, (2x 3x) = 250,000 or, 5x 250,000 or, x 50,000

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