anne owns an art supply store. anne is analyzing the stores expenses and income because she wants to…

anne owns an art supply store. anne is analyzing the stores expenses and income because she wants to increase the stores profits. the expenses include renting 1,250 square feet of space for $13,750 per month. the store has only one employee, who is paid $8.00 per hour plus 8% commission. much of the stores income comes from the sales of blank painting canvases and frames. the table shows the prices of the canvases and frames sold at the store.\n\nart store prices\n| dimensions (inches) | canvas price | frame price |\n| ---- | ---- | ---- |\n| 8 by 10 | $6.43 | $25.48 |\n| 16 by 20 | $11.65 | $49.48 |\n| 18 by 24 | $18.47 | $61.98 |\n| 24 by 36 | $22.80 | $89.98 |\n\ntype your answer in the box. you may use numbers, a decimal point (.), and/or a negative sign (-) in your answer.\nwhat is the rental cost, in dollars per square foot, that anne pays for the art stores space?

anne owns an art supply store. anne is analyzing the stores expenses and income because she wants to increase the stores profits. the expenses include renting 1,250 square feet of space for $13,750 per month. the store has only one employee, who is paid $8.00 per hour plus 8% commission. much of the stores income comes from the sales of blank painting canvases and frames. the table shows the prices of the canvases and frames sold at the store.\n\nart store prices\n| dimensions (inches) | canvas price | frame price |\n| ---- | ---- | ---- |\n| 8 by 10 | $6.43 | $25.48 |\n| 16 by 20 | $11.65 | $49.48 |\n| 18 by 24 | $18.47 | $61.98 |\n| 24 by 36 | $22.80 | $89.98 |\n\ntype your answer in the box. you may use numbers, a decimal point (.), and/or a negative sign (-) in your answer.\nwhat is the rental cost, in dollars per square foot, that anne pays for the art stores space?

Answer

Explanation:

Step1: Identify total rent and area

Total rent is $13750$, area is 1250 square - feet.

Step2: Calculate rent per square - foot

Rent per square - foot = $\frac{13750}{1250}$ $= 11$

Answer:

11