A timber company in northern Georgia is harvesting pine trees to sell by the cord. A typical acre produces 13.85 cords of wood, and the company sells each cord for $19.20. How much money can the timber company expect to make from each acre of pine trees?
Question
A timber company in northern Georgia is harvesting pine trees to sell by the cord. A typical acre produces 13.85 cords of wood, and the company sells each cord for $19.20. How much money can the timber company expect to make from each acre of pine trees?
Solution
Step 1: Identify the given values. The company produces 13.85 cords of wood per acre and sells each cord for $19.20.
Step 2: To find out how much money the company makes from each acre, you need to multiply the number of cords produced per acre by the price per cord.
Step 3: Calculation: 13.85 cords/acre * 266.16/acre
So, the timber company can expect to make $266.16 from each acre of pine trees.
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