Answer:
80 miles
Explanation:
Data provided in the question:
Rental of the first agency = $36.95 + 36 cents per mile
or
= $36.95 + $0.36 per mile [as $1 = 100 cents ]
Rental of the second agency = $44.95 + 26 cents per mile
or
= $44.95 + $0.26 per mile
now,
let the mileage be 'x' miles
therefore,
the cost for the first agency will be = $36.95 + ( 0.36 × x ) ............(a)
and,
the cost for the second agency will be = $44.95 + ( $0.26 × x ) ........(b)
for the equal mileage, equating (a) and (b)
$36.95 + ( 0.36 × x ) = $44.95 + ( $0.26 × x )
or
( $0.36 - $0.26 ) × x = $44.95 - $36.95
or
0.1x = 8
or
x = 80 miles
Answer:
The correct answer is:
5.0 percent deflation between the first and second years, and 3.0 percent deflation between the second and third years. (a)
Explanation:
to calculate the percentage deflation, we will simply calculate the percentage change in price between the years stated. This is calculated as follows:
% change = 
Note that the negative sign shows a deflation.
if you use the same method for years two and three, you should get -3%, using P₁ as 142.5 and p₂ as 138.2. Hence option 'a' is correct.
Answer:
It need sales figure of 22,125 units per year to break even considering their currnent contribution marign and fixed cost.
Explanation:
fixed cost per year:
equipment lease cost: 288,000
other overhead cost <u> 48,300 </u>
total fixed cost 336,300
contribution per unit:
sales revenue - variable cost
39.75 - 14.55 = 15.20
each units generates $15.20 dollar we need to save up for 336,300 dollars
break even point:
336,300 / 15.20 = 22,125 units
Answer: (B) Non-profit
Explanation:
The non-profit organization is one of the type of charitable association that do not paying any type of tax and it basically operating on the basis of scientific, educational and the religious purpose.
According to the given question, Judy is basically starting the new business and she recognizing the various types of music activities socialization and also the memory challenging process for the senior citizen.
She is using the excess funds for developing the programs rather than focusing on the personal profit. Hence, on the basis of given scenario, Judy organization is classifying as non-profit organization.
Therefore, Option (B) is correct answer.
