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polet [3.4K]
3 years ago
5

An employee of a delivery company drives 480 miles at 60 miles per hour in a vehicle that averages 20 miles per gallon of gas. T

he employee is paid $12 per hour, gasoline costs $3 per gallon, and maintenance on the vehicle is $0.15 per mile. According to these rates, what is the total cost of this trip for the company?
Business
1 answer:
DanielleElmas [232]3 years ago
8 0

Answer:

The total cost of this trip for the company is $1,124.

Explanation:

Distance Drove = 480 miles

Speed = 60 miles per hour

Gas consumption = 480 / 20 = 24 gallons

Time Taken = 480 / 60 = 80 hours

Gallon of Gas Rate = $3 per gallon

Employee Pay rate = $12 per hour

Maintenance cost = $0.15 per mile

Total Cost of Trip for the company = ( 24 x $3 ) + ( 80 x $12 ) + ( 480 x $0.15 )

Total Cost of Trip for the company = $72 + $960 + $72

Total Cost of Trip for the company = $1,124

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What are possible red flags or signs of a scam when buying a car?
Ede4ka [16]

Answer:

D- both A and C

Explanation:

- Being told your financing fell through

It's usually used to trick you to pay with cash. The scammers will position themselves as a 'helper' that can get you the car despite the fail financing. If your dealer told you this,it could be a red flag there's a chance that he/she might ran away with the money without giving you the car.

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8 0
3 years ago
A firm utilizes a strategy of capital rationing, which is currently $375,000 and is considering the following two projects: Proj
irinina [24]

Answer:

The manager should pick project B

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Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

NPV for project A

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year 1 = $140,000

year 2 = $150,000

year 3 = $100,000

I = 6%

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Both projects are profitable but because the firm uses capital rationing , the manager has to pick the now profitbale project, which is project B.

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

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Answer:

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