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malfutka [58]
3 years ago
5

20 POINTS !!!!! Based on your budget, which transportation option is the best financial decision for you? Explain your answer in

at least two sentences.
you have $2,500 saved.
Business
2 answers:
patriot [66]3 years ago
5 0
Engenuity said to have

1. Option A is not the best choice, because the monthly payments will be too high.

2. Option B is not a good choice, because it requires too high of an up-front cost, and the mileage restriction might be a problem.

3. Option C is the best choice for my budget, and it will allow me to own a car outright once the loan is repaid.
dimaraw [331]3 years ago
4 0

Option A is not the best choice, because the monthly payments will be too high.

Option B is not a good choice, because it requires too high of an up-front cost, and the mileage restriction might be a problem.

Option C is the best choice for my budget, and it will allow me to own a car outright once the loan is repaid.

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What is the annual cost per mile of operating a car given the following information? Item Value Annual miles driven 11,800 Gas c
GarryVolchara [31]

Answer:

Annual cost per mile of operating a car=$0.409 per mile

Explanation:

Step 1: Calculate the total cost of gas and other associated cost

Total cost of gas=price per gallon×number of gallons consumed

where;

price per gallon=$ 2.79

number of gallons consumed=24

replacing;

Total cost of gas=(24×2.79)=$66.96

Additional  costs=Annual depreciation+interest+insurance+license+

repairs/oil+parking

where;

Annual depreciation=$2,500

interest=$650

insurance=$680

license=$65

repairs/oil=$370

parking=$498

replacing;

Additional costs=(2,500+650+680+65+370+498)=$4,763

Total costs=total gas cost+additional cost=(66.96+4,763)=4,829.96

Total annual operating cost=$4,829.96

Annual cost per mile=Total annual operating costs/number of miles driven

Annual cost per mile=4,829.96/11,800

Annual cost per mile=$0.409 per mile

5 0
3 years ago
If an organizational capability or resource is valuable and unique, but it is easy to imitate: A. It cannot be a source of compe
MaRussiya [10]

Answer:

<h2>In this case,the answer would be option D. or It can be a source of competitive advantage for a period of time.</h2>

Explanation:

  • In Production Economics,any organizational input in the production process can provide competitive advantage to any firm or company for a sustainable period of time only if it provides commercial or economic value to the firm or company,it is unique and it cannot be completely imitable or substituted through other equivalent resource/s by other market competitors.
  • Therefore,if any organization resource or input is easily imitated then it cannot ensure long term or sustainable competitive advantage for any firm or company in the market.
  • However,it can provide some temporary market advantage or competitive edge to any particular firm or company until the time it is fully imitated and implemented by its competitors or rivals.
3 0
3 years ago
Consider an offer to supply 5 paintings per year to an art gallery in Rome for the next five years. The contract is exclusive, m
IceJOKER [234]

Answer:

I will accept the offer if the price per painting is $56,312.41 or higher.

Explanation:

We will calculate the present value of the other option which is, selling our painting as a freelancer.

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 315,000.00

time 5

rate 0.2

315000 \times \frac{1-(1+0.2)^{-5} }{0.2} = PV\\

PV $942,042.8241

Now, we subtract the signing bonus of 100,000

942,042.83 - 100,000 = 842,042.83

And solve for the annual proceeds from the painting we need to equalize the opportunity cost:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 842,042.83

time 5

rate 0.2

842042.83 \div \frac{1-(1+0.2)^{-5} }{0.2} = C\\

C  $ 281,562.03

Now, we divide by the 5 painting per year:

$281,562.03 per year / 5 painting per year = $56,312.41

3 0
3 years ago
Epa rules require capture of 80% of the refrigerant from a small appliance sealed system with a non-operating compressor if tech
ki77a [65]
Epa rules require capture of 80% of the refrigerant from a small appliance sealed system with a non-operating compressor if technicians are using: <span>Self-contained (active) process. </span>This requirement makes it easier for the technicians to install a safe and environmentally friendly product for the customer and speed up the time of the procedure.
3 0
3 years ago
Wetherald Products, Inc., has a Pump Division that manufactures and sells a number of products, including a standard pump that c
Ad libitum [116K]

Answer:

$120 per unit

Explanation:

The computation of minimum acceptable transfer price is shown below:-

If the division of the transferor does not have spare capacity, the minimum transfer price is equal to variable cost per unit and the contribution margin per unit

Minimum transfer price = Variable cost per unit + (Selling price to outside customers - Variable cost per unit)

= $72 + ($120 - $72)

= $72 + $48

= $120 per unit

Therefore for computing the minimum transfer price we simply applied the above formula.

5 0
2 years ago
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