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Shalnov [3]
3 years ago
9

Bill has just returned from a duck hunting trip. He brought home eight ducks. Bill’s friend, John, disapproves of duck hunting,

and to discourage Bill from further hunting, John presented him with the following cost estimate per duck: Camper and equipment: Cost, $17,000; usable for eight seasons; 14 hunting trips per season $ 152 Travel expense (pickup truck): 100 miles at $0.38 per mile (gas, oil, and tires—$0.28 per mile; depreciation and insurance—$0.10 per mile) 38 Shotgun shells (two boxes per hunting trip) 30 Boat: Cost, $2,480, usable for eight seasons; 14 hunting trips per season 22 Hunting license: Cost, $30 for the season; 14 hunting trips per season 2 Money lost playing poker: Loss, $28 (Bill plays poker every weekend whether he goes hunting or stays at home) 28 Bottle of whiskey: Cost, $20 per hunting trip (used to ward off the cold) 20 Total cost $ 292 Cost per duck ($292 ÷ 8 ducks) $ 36 Required: 1. Assuming the duck hunting trip Bill has just completed is typical, what costs are relevant to a decision as to whether Bill should go duck hunting again this season? 2. Suppose Bill gets lucky on his next hunting trip and shoots 14 ducks using the same amount of shotgun shells he used on his previous hunting trip to bag 8 ducks. How much would it have cost him to shoot the last six ducks

Business
2 answers:
Whitepunk [10]3 years ago
4 0
Bill needs to rethink his life choices
Nitella [24]3 years ago
4 0

Answer:

Please see attachment

Explanation:

Please see attachment

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On April 1, the price of gas at Bob’s Corner Station was $4.95 per gallon. On May 1, the price was $5.45 per gallon. On June 1,
AnnyKZ [126]

Answer: Please refer to Explanation

Explanation:

1. a. Between April 1 and May 1, Bob’s price increased by $0.50 , or by ___ %.

To calculate, divide the difference in the amounts by the amount the change occured from.

The price increased by $0.50 from $4.95. Percentage Increase should be,

= 0.5 / 4.96 * 100%

= <u>10.1%</u>

b. Between May 1 and June 1, Bob’s price decreased by $ , or ____ %.

The Price by $0.5 from $5.95 to $4.95

= 0.5/5.95

<u>= -9.17% (</u>negative because it was a price decrease)

2. Across the street, their price is 20% higher than Bob's.

When Bob's prices are $5.45, there's are,

= 5.45 * ( 1 + 20%)

= 5.45 * 1.2

= $6.54

Difference is,

= 6.54 - 5.45

= <u>$1.09</u>

3. The Fed raised it's rate from 2% to 2.75%.

The change is,

= 2.75% - 2%

= 0.75%

This is a percentage Change of,

= 0.75/2 * 100%

= 37.5%

This change of <u>0.75</u> percentage points means that the Fed raised its target by approximately <u>37.5%.</u>

8 0
3 years ago
Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of
makvit [3.9K]

Answer:

$133,000 decrease

Explanation:

The computation of the impact on the operating income is shown below:

Sales for the year    $1,052,000

Less:

Variable cost -$862,000

Contribution margin $190,000

Less:

Fixed cost for 30% of $190,000   -$57,000

Impact on the operating income $133,000

This amount reflects the decrease in the operating income

5 0
3 years ago
Um...look what i found
Ksju [112]
NASTY AND ALSO THE GUY THE ANSWERED IS NOW BANNED HAHAHA
8 0
2 years ago
As you and your partner report for duty, you check your ambulance and begin talking about the possibility of a terrorist attack.
grandymaker [24]
The most effective and appropriate way to determine the likelihood of this happening is to: stay informed, keep up with the news
6 0
3 years ago
Suppose you deposit $116 today, $135 in one year, and $885 in two years in an account that pays an annual rate of interest of 14
olga nikolaevna [1]

Answer:

The answer is $1357.85

Explanation:

Future value= Σ C(1+i)^n

FV = 116(1.141^3) + 135( 1.141^2) + 885(1.141) = $1357.85

7 0
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