5.00 in intrest
will be the answer
Answer:
$12,900
Explanation:
Amount of cash reported in the balance sheet refers to the cash balance in the bank and other short term investments that may be liquidated in 3 months or less.
It is a current asset in the balance sheet.
Amount of cash on balance sheet = $1,500 + $6,700 + $200 + $100 + $4,400
= $12,900
Answer and Explanation:
By publishing the "List of Goods Produced by Child Labor or Forced Labor" the American government is able to raise awareness among the population that, although child labor is something inconceivable in American society, it still happens with great intensity in various places around the world. This allows the population to become aware of this situation and to stop buying products produced by companies that finance and allow child labor to happen. When they stop using these products, companies suffer a decrease in demand, which can cause significant changes in the production and in the lives of children who need to work.
While consumer pressure at companies that allow child labor is effective, pressure from political and commercial authorities is more effective in bringing about change and ensuring the protection of children, as these authorities can promote severe punishments for those who allow this to happen.
Solutions
We know a used car is $ 5,000. You can drive 10, 000 miles per year in that car for 4 years. The care insurance per year would be $ 1,200. You know that you will spend $ 400 on maintenance. The gas will cost $ 4 per gallon and the car gets 25 miles per gallon.
⇒ (car) = $ 5,000
⇒ (Miles per year) = 10,000
⇒ ( Insurance per year) = $ 1,200
⇒ ( Maintenance ) = $ 400
⇒ (Gas) = $ 4 per gallon
To solve this problem we have to do
Total Cost = Cost Car + 4 × Car Insurance + 4 × Maintenance + 4 × Miles/Year ×<span> (cost/gallon) / (miles/gallon)
</span>
We multiply by 4 since he figured out the car will last 4 years.
≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡≡
Calculations
Total Cost = Cost Car + 4 × Car Insurance + 4 × Maintenance + 4 × Miles/Year ×<span> (cost/gallon) / (miles/gallon)
</span>
Total Cost = (car) $5,000 + (Car Insurance) 4 × $1200 + (Maintenance) 4 × $400 + (cost/gallon) 4 × 10,000 (miles/gallon) × $4/25 = $17,800
Now we have to find per mile
We know that 10,000 miles = 1 year
To convert to 4 years multiply by 4 = 40,000 miles
<span>Cost/Mile = $17,800 / (40,000 miles)
= $0.445 / mile
= 44.5 cents per mile.
</span>
Answer = <span>44.5 cents per mile.</span>
