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3 years ago

. ray cortez rented a 16-foot truck to move into his new

Business

1 answer:

Allisa [31]3 years ago

6 0

Answer: 37.5(2) + .79(220) + 20 + 74.6 = 343.4
$343.40 is the total cost

Cost per mile = 343.4/220 = $1.56 per mile

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Why do you earn more money using compound interest than you would using simple interest?

PilotLPTM [1.2K]

Interest is calculated as a percentage of the principal. With compound interest, the interest earned is added back into the principle so during the next period you start earning interest on the new, higher amount. Every time the interest compounds, it gets added into the principal and you earn more and more interest.

Example:

10% simple interest on $100:

(.1 * 100) +100 = 10 + 100 = $110

But if you do 10% interest compounding monthly for 3 months you have:

Month 1: (.1 * 100) +100 = 10 + 100 = $110

Month 2: (.1*110) +110 = $121

Month 3: (.1*121) + 121 = $133.10

Even with this simple example you can see how much more money is earned when your interest is compounded and added back into the principal.

8 0

4 years ago

Ibis Paper Company prepared the following static budget for November: Static budget Units/Volume 12,000 Per unit Sales revenue $

arlik [135]

Answer:

Net operating income= $159,900

Explanation:

Giving the following information:

Sales revenue= $21.00

Variable costs= $8.00

Fixed costs 13,000

For 13,300 units:

Sales= 21*13,300= 279,300

Total variable costs= 8*13,300= (106,400)

Total contribution margin= 172,900

Fixed costs= (13,000)

Net operating income= 159,900

6 0

4 years ago

Health insurance for the elderly, the poor, and the disabled is provided by _____. Medicare and Medicaid under the Social Securi

Gre4nikov [31]

Medicare and Medicaid under the Social Security program

i'm taking the quiz right now, hope i helped ^__^

6 0

3 years ago

Read 2 more answers

Benchmarking: allows industry participants to develop industry-wide standards. synchronizes the business processes of customers,

BabaBlast [244]

Answer:

compares the efficiency and effectiveness of your business processes against strict standards.

Explanation:

Benchmarking is a process of measuring the performance of a company’s products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement.

7 0

3 years ago

Which marketing activity is most directly served by the promotion element of the marketing mix?

gizmo_the_mogwai [7]

Communicating value.

The marketing mix activities are promotion (communicating value), product (creating value), price (capturing value), and place (delivering value).

<h3>What is the benefit of communicating?</h3>

When you convey value, you must guide your audience through the stages of exposure, awareness, attention, comprehension, evaluation, yielding, retention, and, ultimately, action. This response hierarchy model represents the progression of a customer from first knowing about your good or service to actually use it.

What makes communicating value so crucial?

No matter if your goal is to sell goods or services, persuade a target investor to invest in your firm, or find and keep the best personnel, your organization must be able to effectively communicate value to its stakeholders in order to achieve its goals.

Learn more about communicating value with the help of the given link:

brainly.com/question/14066002

#SPJ4

7 0

2 years ago