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denpristay [2]
2 years ago
3

A car rental agency is considering a modification in its oil change procedure.​ Currently, it uses a Type X​ filter, which costs

​$5 and must be changed every 9 comma 000 miles along with the oil ​(5 ​quarts). Between each oil​ change, one quart of oil must be added after each 500 miles. The proposed filter​ (Type Y) has to be replaced every 7 comma 000 miles​ (along with 5 quarts of​ oil) but does not require any additional oil between filter changes. If the oil costs ​$1.09 per​ quart, what is the maximum acceptable price for the Type Y​ filter?
Business
1 answer:
Ira Lisetskai [31]2 years ago
3 0

Answer:

The maximum acceptable price would be $16.24

Explanation:

In order to solve this problem we have to create an equation, and equalize both prices, so the price of the filter will be expressed by "y".

We know that the X filter costs $5 and must be changed every 9,000 miles, with the oil 5 quartz, and one quart of oil must be added every 500 miles, the resultant equation for the price of those 9,000 miles is:

\frac{5+ 5(1.09)+16(1.09)}{9000}

And to express the new oil it would be:

\frac{x+ 5(1.09)+}{7000}

So we just have to equalize them:

\frac{x+ 5(1.09)+}{7000}=\frac{5+ 5(1.09)+16(1.09)}{9000}\\9000x+49,050=195,230\\9000x=195,230-49,050=146,180\\x=\frac{146180}{9000} \\x= 16.2422

So we know that the maximum price that the new oil filter would be $16.2422 because at that point it costs the same as the other filter witht he cost of the adding of the oil quarts.

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The most competitively effective and very likely most profitable long-term approach to reduce or eliminate the impact of paying
bekas [8.4K]

Answer:

build and equip a production facility in Europe-Africa and then expand it as may be needed to supply all (or at least most) of the pairs the company intends to try to sell in Europe- Africa

Explanation:

In order to have effective competition and profitable for the long term approach for decreasing or removing the effect of tariff that would be paid on pairs is that to establish the production facility so that it would get expanded and the same is to be sell in Europe-Africa

Therefore the above represents the answer

3 0
2 years ago
Hamby Corporation is preparing a bid for a special order that would require 780 liters of material W34C. The company already has
vovangra [49]

Answer:

$6,513

Explanation:

The computation of the relevant cost is shown below:

= Number of liters of the raw material × purchase of raw material per liter

= 780 liters × $8.35 per liter

= $6,513

Simply we multiplied the Number of liters of the raw material with the purchase of raw material per liter so that accurate amount can come

Any other information given is not important. Therefore, it was ignored

3 0
2 years ago
Shawnee Hospital installs a new parking lot. The paving cost $30,000 and the lights to illuminate the new parking area cost $15,
Zarrin [17]

Answer: d. $45,000 should be debited to Land Improvements.

Explanation:

Land improvements records any moderation to land asset that is expected to add to its value and lasts for more than a year.

The paving and lighting of the parking area will add value to the area and will last longer than a year so both should go to the Land improvement account. As this account is an asset account, it will be debited when increased:

= 30,000 + 15,000

= $45,000

6 0
2 years ago
In your portfolio, you began with an equal investment in stocks and Money Market funds. Your stocks are now worth 3 times your M
Jobisdone [24]

Answer:

Explanation:1.6%/2.7%

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2 years ago
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On January 1, 2018, Ramsey Company purchased 35% of the outstanding common shares of the Vapor Company for $70,000 when the net
klasskru [66]

Answer:  Investment income = Earning during 2018 × outstanding common shares

= $80,000 × 35%

Dividend declaration  = Dividend × outstanding common shares

= $40,000 × 35%

<em>Ramsey’s share of Vapor’s income for 2018 =  Investment income - Dividend declaration</em>

<em>= $28,000 - $14,000</em>

<em>= $14,000</em>

8 0
2 years ago
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