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aniked [119]
3 years ago
12

9. Gallagher is planning on

Business
1 answer:
Simora [160]3 years ago
6 0

Answer:

$40000 is the opportunity cost to attend college.

Explanation:

The opportunity cost is something that a person loses in order to acquire the other thing. In the given case total tuition fees of 4 years are $40000. Moreover, Gallagher has two options. First, he can forgive the idea to go to college and save $40000. Secondly, he can go to college and lose $40000. Let us assume Gallagher attends the college. If he attends college then he has to lose $40000. Thus, this $40000 is the opportunity cost to attend college.

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You are trying to decide which of two automobiles to buy. The first is American-made, costs $3.0500 x 104, and travels 28.0 mile
siniylev [52]

Answer:

Both cars(American and European) must travel 8,060 kilo metres each during their lifetime for the total cost(purchase cost + fuel equivalent) to be equivalent

Explanation:

With regards to the above, the cost equation for both cars will be equated together.

Furthermore, we will convert gallons into litres while also converting miles into kilometers.

Since 1 gallon has 3.785 litres; 1 mile also has 1.609 kilo metre, hence milage of the first car in kilo metre per litre would be ;

Milage American made = [ 28 miles × 1.609 ] / 3.785

= 11.90 kilo meter per litres.

Cost of Gas per litre = $3 per gallon / 3.785

= 0.79 per litre

Gas cost per kilo metre(American made) = 0.79 per litre / 11.90

= 0.066 per km

Gas cost per kilo metre(European made) = 0.79 per litre / 19.0

= 0.042 per km

We can sum up the equation of first car which is American made( Purchase price + Fuel cost)

We can make a be the number of kilo metres where total cost for both cars would be equal.

Total cost = 317.2 + 0.066a

Also, the total cost equation - purchase price + fuel cost of European car is represented as;

Total cost = 510.64 + 0.042a

317.2 + 0.066a = 510.64 + 0.042a

Collect like terms

0.066a - 0.042a = 510.64 - 317.2

0.024a = 193.44

a = 8,060 kilo metres

Therefore, both cars(American and European) must travel each 8,060 kilo metres in their life time for the total costs( purchase cost + fuel cost) to be equivalent.

5 0
4 years ago
What is a common axiom for information technology professionals?
beks73 [17]
What is a common axiom for information technology professionals? Know the business. An axiom is a statement that is given to someone or something being established, accepted or knowledge. Those that work in information technology (IT), and really, any field need to know the business to succeed. 
8 0
3 years ago
Debbie is a Financial Planner and charges her clients on a commission basis. For a particular month, Debbie makes three deals of
iVinArrow [24]

Answer

$400

Step by step explanation

Step 1: Total  of the three deal = $40,000

Commission = 1% = 1/100 = 0.01

Step 2: Find the commission for $40,000

Commission earned for the month = 0.01 *$40000

= $400

I hope you will understand this.

Thank you.

3 0
4 years ago
Read 2 more answers
You work for a Public Relations Consultancy that has been approached by the German company DHL to assist with their Public Relat
aliina [53]

The advantages for why DHL would make use of a local South African consultancy instead of their own PR department to help promote their new Veldskoen shoe collection is because:

  • The Local consultancy know more and can access a wider range  of talent pool in regards to the collection
  • They will also have higher range of Experience as they are locally inclined and know more about the needs of the people there.
  • It will help give a Fresh Perspectives to the product that is been introduce into the S.A. market
  • There will be no  Language Barriers when communicating the product to the people.
  • It will help tp Uncomplicate some processes that may arise due to the use of Foreign PR.

<h3>What does it mean to work local consultancy ?</h3>

When you work with a local consultancy, it means that you are using the local police, or firm to aid the sales of your product or services.

Note that the use of , local consultancy will help get your product faster to the people as they know more about the market than foreign PR department.

Learn more about consultancy  from

brainly.com/question/26417203

6 0
3 years ago
National Geographic is replacing an old printing press with a new one. The old press is being sold for $350,000 and it has a net
kkurt [141]

Answer:

$240,000

Explanation:

National geographic is replacing an old printing machine with a new one

The old printing machine is sold at the price of $350,000

It has a net book value of $75,000

The income tax is 40%

= 40/100

=0.4

The first step is to calculate the taxable value

= $350,000-$75,000

= $275,000

Income tax= taxable value×tax rate

= $275,000×0.4

= $110,000

Therefore, the net from sales can be calculated as follows

= $350,000-$110,000

= $240,000

Hence the net from sale of National Geographic is $240,000

4 0
4 years ago
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