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Yuki888 [10]
3 years ago
8

1-9 Automobile repair shops typically recommend that their customers change their oil and oil filter every 3,000 miles. Your aut

omobile user's manual suggests changing your oil every 5,000–7,000 miles. If you drive your car 15,000 miles each year and an oil and filter change costs $30, how much money would you save each year if you had this service performed every 5,000 miles?
Business
1 answer:
blagie [28]3 years ago
8 0

Answer:

$60 per year

Explanation:

Calculation for how much money would you save each year

First step is to calculate for the cost of Changing the oil every 3,000 miles

Cost of Changing oil every 3,000 miles:

Cost = (15,000/3,000)*$30

Cost =5*$30

Cost = $150 per year

Second step is to calculate for the cost of Changing the oil every 5,000 miles

Cost of Changing oil every 5,000 miles:

Cost = (15,000/5,000)*$30

Cost =3*$30

Cost = $90 per year

Last step is to calculate how much money would you save each year using this formula

Savings =Cost of Changing oil every 3,000 miles-Cost of Changing oil every 5,000 miles

Let plug in the formula

Savings= $150 per year-$90 per year

Savung=$60 per year

Therefore the amount of money you would save each year will be $60 per year

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A 4-year project has an annual operating cash flow of $51,000. At the beginning of the project, $4,200 in net working capital wa
Yanka [14]

Answer: $60,432‬

Explanation:

The equipment can be sold for $5,640 yet the book value is $4,620. The gain is therefore;

= 5,640 - 4,620

= $1,020

After tax cashflow from sale

= Sales price - tax on gain

= 5,640 - (1,020 * 40%)

= $5,232

Cash-flow in 4th year = Annual Cash flow + after-tax cash-flow from sales + net working capital recovered

= 51,000 + 5,232 + 4,200

= $60,432‬

7 0
3 years ago
The ________ consists of systems analysts, specialists from the relevant end-user business areas, application programmers, and p
Anarel [89]

Answer:

project team

Explanation:

Based on the information provided within the question it can be said that the term that is being described in this scenario is a project team. This is a team full of individuals from different groups or department, each of which has a different function or specialization which allows them to provide a unique input to the team and hep come up with unique ideas for achieving the team goal.

7 0
3 years ago
Which part of the management of an organization would be MOST involved with strategic leadership?
kumpel [21]

Answer:

correct answer is top level management

Explanation:

solution

Strategic leadership explicitly relates leadership to the role of top management because Strategic leadership that have potential to express strategic vision for their organization motivate and persuade others to acquire that vision

and that is top level management which made up of the Board of Director and  Chief Executive Officer and Chief Financial Officer and  President and the Vice President etc

so correct answer is top level management

6 0
3 years ago
Which type of loan requires that you pay the interest accumulated during college?
Dafna11 [192]
<span>The loan that requires a student to pay the interest they accumulated during college is called <u>an unsubsidized loan.</u>
There are also Federal unsubsidized loans. They are charged interest on these loans while the student is in school and also during a grace period. The student who borrows the money can choose to pay the interest every month or choose to have it put on the outstanding principal of the unsubsidized loan. Many colleges will tell the students to make a all to their loan service and set up an interest payment account.</span>
5 0
3 years ago
Read 2 more answers
4. Why do people sometimes use credit to pay for items instead of just using cash?
olganol [36]
Most people wanted to build there credit up that’s why they use credit cards
7 0
3 years ago
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