Astore manager wishes to reduce the price of her fresh ground coffee by mixing two grades. if she has 50 pounds of coffee which sells for $1.20 per pound, how much coffee worth 80 cents per pound must she mix with it so that she can sell the final mixture for $1.00 per pound?

On july 2, year 4, wynn, inc., purchased as a short-term investment a $1 million face-value kean co. 8% bond for $910,000 plus accrued interest to yield 10%. the bonds mature on january 1, year 11, and pay interest annually on january 1. on december 31, year 4, the bonds had a fair value of $945,000. on february 13, year 5, wynn sold the bonds for $920,000. in its december 31, year 4, balance sheet, what amount should wynn report for the bond if it is classified as an available-for-sale security?