1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
polet [3.4K]
2 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]2 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

You might be interested in
Which ethical approach typically focuses on the attainment of fair and equitable distribution of economic goods and services?
SVETLANKA909090 [29]

Answer:Social justice theory

Explanation:Social justice is a concept which encourages fair and just relationship in terms of how wealth, opportunities are distributed amongst society and individuals.

It encourages that no one shall be deprived of equal access to certain resources and thatg everyone must get their share and thatt shall not be taken away from them.

4 0
3 years ago
It is unethical to report the wrongdoing of a coworker.
Natalija [7]
It is ethical to report the wrongdoing of a coworker.  Which means the answer is false.  Hope this helped!
6 0
3 years ago
Read 2 more answers
In the short run, an increase in the aggregate price level caused by a shift in the aggregate demand curve first causes:
ra1l [238]

Answer: b. movement along SRAS

Explanation:

When the price level changes due to an increase in the demand that forces the Aggregate demand curve to shift rightward, the immediate effect would be that the Aggregate demand curve would intersect the Short Run Aggregate supply at a new point.

This new point will see a movement <em>along </em>the SRAS from its previous equilibrium point to the new equilibrium intersection point with the AD curve. In other words, the new point will be on the same SRAS curve just moving from one point to another.

6 0
2 years ago
A company is offering perpetual preferred stock (its dividend payments last forever) with a fixed annual dividend of $100. If yo
sukhopar [10]

Answer:

833.33

Explanation:

The fixed annual dividend is $100

The required rate of return on this investment is 12%

Therefore the value for each share can be calculated as follows

= 100/(12/100)

= 100/0.12

= 833.33

Hence the value for each share is 833.33

8 0
3 years ago
Marielle Machinery Works forecasts the following cash flows on a project under consid- eration. It uses the internal rate of ret
ivann1987 [24]

Answer:

a. Project’s IRR is 18.28%

b. Project should be accepted and pursued because it IRR is higher than the required rate of return.

Explanation:

Cash flows are missing a similar question is attached and followoing answer is made accordingly.

Year                           0             1           2              3             NPV

Cash flows          -$10,000    $0     $7,500    $8,500

PV @ 10%            -$10,000    $0     $6,198     $6,386    =   $2,584

PV @5%               -$10,000    $0     $6,802     $7,342    =   $4,144

IRR = 0.05 + ( 4,144 / (4,144-2,584)) x (0.1-0.05) = 18.28%

7 0
3 years ago
Other questions:
  • Five Seasons is a merchandiser of packed foods. The company provides the following information for the​ year: Sales Revenue $ 15
    13·1 answer
  • Annuity payout option allows the policyowner to choose a pre-determined number of benefit payments?
    15·1 answer
  • Are there direct variables that have no effect on business' competitive position
    11·1 answer
  • Flambe Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning
    6·1 answer
  • ​Lamar and two of his friends are starting a new tech business and are meeting to decide the firm’s organizational structure. Du
    11·2 answers
  • Which of the following statements is false? Entry field with incorrect answer now contains modified data The amortization period
    5·1 answer
  • The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April $63,100 1,1
    7·1 answer
  • What is the key to getting your message across?
    12·1 answer
  • Many commuters in New York install radio frequency identification (RFID) devices on their cars that can be read automatically as
    13·1 answer
  • what is the surface area of a triangular prism where the base area is 25 m2 (metre square) , the base perimeter is 24 m and the
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!