Answer:
It will be better to keep the old car.![\left[\begin{array}{cccc}$&$New&$Old&$Differential\\$purchase&-14000&&14000\\$Gasoline spending&-4292&-9479&-5187\\$repairs&&-7500&-7500\\$insurance&-4000&-2000&2000\\$Result&-22292&-18979&3313\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%24%26%24New%26%24Old%26%24Differential%5C%5C%24purchase%26-14000%26%2614000%5C%5C%24Gasoline%20spending%26-4292%26-9479%26-5187%5C%5C%24repairs%26%26-7500%26-7500%5C%5C%24insurance%26-4000%26-2000%262000%5C%5C%24Result%26-22292%26-18979%263313%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
gasoline spending:
old:
250 miles per week/ 24 miles per gallon= 10,41666666
then that x 52 weeks per year x 3.5 per gallon x 5 years
new:
250 / 53 = 4,716981
then this x 52 weeks x 3.5 per gallon x 5 years=
repairs:
1,500 x 5 years = 7,500
insurance:
800 x 5 = 4,000 new car insurance
400 x 5 = 2,000 old car insurance
Answer:
The correct answer is letter "D": secondary.
Explanation:
Secondary data is the information gathered by other individuals or organizations and is used as a reference in studies or researches. This type of data is typically easy and cheap to obtain because does not imply establishing a team to collect the information needed and can be found in accessible places such as libraries or even on the internet.
Answer:
Explanation:
weight average = fraction of A X MW of A + fraction of B x MW of B
Mixture 1
1 / 3 x 100000 + 2/3 x 400000 = 900000 / 3 = 300000
Mixture 2
2/3 x 100000 + 1/3 x 400000 = 600000 / 3 = 200000
Number average
Mixture 1
(1 / 100000 x 100000 + 2 / 400000 x 400000) / (1/100000 + 2/400000 )
= 3 x 400000 / 6
= 200000
Mixture 2
(2/100000 x 100000 + 1/400000 x 400000 )/ (2/100000 + 1 / 400000 )
3 x 400000 / 9
=( 4/3 ) x 100000
Answer:
The break-even level of sales is equal to 3372.64 pounds.
Explanation:
The quantity of fish sold per month is 3,200 pounds.
The price of fish is $2.90/pound.
The variable cost per pound is $2.22.
The monthly required return is 1.2%.
Contribution per unit will be
=Selling Price-Variable Cost
=$2.9-$2.22
=$0.68 per unit
Loss on account of changing to net 30 policy
=Quantity*Selling Price*required return
=Quantity*$2.9*1.2%
To break even, excess Contribution should be equal to loss on policy change
or,
Here, we assume quantity to be X
(X-3200)*$0.68 = X*$2.9*1.2%
(X-3200)*19.54= X
18.54X=$62,528.74
X=
X=3372.64 pounds
Answer:B. Running his own small farm.
Explanation:
Having got the exprience in running a farm, couple with his financial and managerial knowledge from Accounting will help him to be successful.
