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andreev551 [17]
3 years ago
13

The manufacturer of Brand A automobile tires claims that its tire can save 120 gallons of fuel over 60 comma 000 miles of​ drivi

ng, as compared to a popular competitor​ (Brand B). If gasoline costs ​$3.00 per​ gallon, how much per mile driven does this tire save the customer​ (Brand A versus Brand​ B)?
Business
1 answer:
ivolga24 [154]3 years ago
5 0

Answer:

By choosing tire A, the consumer will save $0.006 USD ($0.6 cents) per mile.

Information:

  • Saving: 120 gl over 60,000 miles
  • Gasoline: $3/gl

Explanation:

Total saving in 60,000 miles = 120gl * $3/gl = $360

Total saving in 1 mile = $360/60,000 = $0,006

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How does microfinance benefit an economy?​
JulsSmile [24]

Answer:

it enables people to use money wisely

Explanation:

this is because a specific amount of money will be provided for a specific reason

3 0
2 years ago
site:coursehero.com why is it crucial to collect and analyze data when planning professional development sessions?
Neporo4naja [7]

Students are required to evaluate and analyze the data they gather in order to develop explanations for their results.

<h3>What is analyzing data?</h3>

To analyze anything is to break it down into its component parts and look at each one separately. Getting raw data and turning it into information that users can use to make decisions is the process of data analysis. In order to find answers, validate theories, or test hypotheses, data is gathered and evaluated.

Data analysis, according to statistician John Tukey, is:

"Procedures for analyzing data, techniques for understanding the findings of such procedures, methods for organizing the collection of data to make its analysis simpler, more accurate, or more precise, and all the equipment and results of (mathematical) statistics which apply to analyzing data."

To learn more about data analysis visit:

brainly.com/question/14864440

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7 0
1 year ago
Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. (Assume end-of-period deposits an
ikadub [295]

Answer:

$ 226.04

Explanation:

Given:

Paying fund, FV = $ 30000

Interest rate, i = 2%

Time, t = 10 years

Now,

\textup{PMT}=\textup{FV}[\frac{i}{(1+i)^n-1}]

since, the payment is made monthly

thus,

n = 10 × 12 = 120 months

i = 2% / 12 = 0.02 / 12

on substituting the values in the above equation, we get

PMT={30000}[\frac{\frac{0.02}{12}}{(1+{\frac{0.02}{12}})^{120}-1}]

or

PMT = $ 226.04

3 0
3 years ago
Racing Motors wants to save $825,000 to buy some new equipment three years from now. The plan is to set aside an equal amount of
victus00 [196]

Answer:

$63,932.91

Explanation:

FV = $825,000

Number of payments = 4 quarters * 3 years = 12

Rate = 4.45%, assuming per annual

The amount company need to save each quarter is the payment amount.

We can easily calculate payment amount by formula in excel =PMT(4.45%/4,12,,825000,1) = 63,932.91

6 0
3 years ago
Goodwill arises when one firm acquires the net assets of another firm and pays more for those net assets than their current fair
liberstina [14]

Answer:

Takeover Co.

a) Goodwill = $146,000

b) Target's ROI = 36.42%

c) Takeover's ROI = 21.07%

d) False

Explanation:

a) Data and Calculations:

Target Co's net assets fair value = $162,000

Payment by Takeover Co = $308,000

Goodwill = $146,000 ($308,000 - $162,000)

b) Target's ROI:

Operating income = $59,000

Net assets = $162,000

ROI = ($59,000/$162,000) * 100

= 36.42%

c) Takeover Co's ROI:

Operating income = $64,900

Net assets = $308,000

ROI = $64,900/$308,000 * 100

= 21.07%

d) Takeover Co:

Goodwill = $93,000

Purchase price of Target = $255,000 ($93,000 + $162,000)

5 0
3 years ago
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