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dmitriy555 [2]
4 years ago
7

Your small remodeling business has two work vehicles. One is a small passenger car used for job-site visits and for other genera

l business purposes. The other is a heavy truck used to haul equipment. The car gets 25 miles per gallon (mpg). The truck gets 10 mpg. You want to improve gas mileage to save money, and you have enough money to upgrade one vehicle. The upgrade cost will be the same for both vehicles. An upgraded car will get 40 mpg; an upgraded truck will get 12.5 mpg. The cost of gasoline is $3.30 per gallon. Calculate the annual fuel savings, in gallons, for the truck and car assuming both vehicles are driven 8,000 miles per year. (Round your answers to 2 decimal places, e.g., 32.16.)
Business
1 answer:
klemol [59]4 years ago
3 0

Answer:

Annual savings= $924

Explanation:

Giving the following information:

The car gets 25 miles per gallon (mpg). The truck gets 10 mpg. You want to improve gas mileage to save money, and you have enough money to upgrade one vehicle. The upgrade cost will be the same for both vehicles. An upgraded car will get 40 mpg; an upgraded truck will get 12.5 mpg. The cost of gasoline is $3.30 per gallon. Calculate the annual fuel savings, in gallons, for the truck and car assuming both vehicles are driven 8,000 miles per year.

Current cost= (8,000/25)*3.30 + (8,000/10)*3.30= $3,696

New cost= (8,000/40)*3.3 + (8,000/12.5)*3.3= $2,772

Annual savings= 3,696 - 2,772= $924

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Oriole Company has issued three different bonds during 2022. Interest is payable annually on each of these bonds. 1. On January
Solnce55 [7]

Answer:

Transaction 1

Debit : Cash  ($1,000 x 1,000) $1,000,000

Credit : Bond Payable  $1,000,000

Transaction 2

Debit : Cash  ($854,000 x 101.30%) $865,102

Credit : Bond Payable  $865,102

Transaction 3

Debit : Cash  ($281,000 x 99%) $278,190

Credit : Bond Payable  $278,190

Explanation:

On each issuance date recognize a cash inflow and a liability - Bond Payable to the extent of the amount paid on issue.

5 0
3 years ago
Bramble Corp. recorded operating data for its shoe division for the year. Sales$1300000 Contribution margin360000 Controllable f
Sloan [31]

Answer:

controllable margin for the year is $180,000.

Explanation:

The Controllable Margin is the Profit that is controllable by the divisional manager.

<u>Calculation of Controllable Margin : </u>

Contribution Margin                 $360,000

Less Controllable fixed costs ($180,000)

Division Controllable Margin    $180,000

6 0
4 years ago
The Computer Store had the following revenue and expenses during the month ended July 31. Fees for computer repairs $ 41,600 Adv
RideAnS [48]

Answer:

Net profit= $21200

Explanation:

Giving the following information we need to calculate the net profit or loss:

Revenues:

Fees for computer repairs $ 41,600

Fees for printer repairs 5,950

Total revenues= 47550

Expenses: (-)

Advertising expense 5,700

Salaries expense 18,500

Telephone expense 850

Utilities expense 1,300

Total expense= 26350 (-)

Net profit= 21200

8 0
4 years ago
I need help on my assignment this is what i have so far guys let me know if it is wrong or what i should change
Romashka-Z-Leto [24]

Answer:

No ; $625 ; cut down expenses

Explanation:

Annual Gross =$96000

Amount after tax : (1 - 0.3) * 96000 = $67,200

Monthly Total Expenses :

$(700 + 610 + 1200 + 200 + 520 + 275 + 250 + (350*4)) = $5,155

After - tax monthly :

67,200 / 12 = $5600

Amount left :

$5600 - $5155 = $445

If total amout left is saved for 2 years :

Amount saved = ($445 * 24) = $10,680

$10,680 < $15,000 ; therefore, it won't be enough for the purchase.

Monthly saving to earn $15000 in 2 years

2years = 24 months

$15000 / 24

= $625

Grocery expenses , clothing, discretionary cost and cable expenses could be all be cut down in other to increase saving.

5 0
3 years ago
Prior to beginning work on this discussion, complete the reading assignment in the text and review the articles listed in recomm
TiliK225 [7]

Answer:

1121

Explanation:

i dont know the answeer

5 0
3 years ago
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