Answer:
<em>We must drive 8,553 miles to pay off the extra cost of the diesel engine</em>
Explanation:
Let's use simple logic and put the numbers in it to solve this problem. Each gallon of diesel fuel gives us 32 miles and each gallon of gasoline gives us 23 miles. On the other side, each gallon of diesel costs $3.54. That means to get 32 miles we have to spend $3.54, thus each mile costs $3.54/32=$0.11 when using diesel.
Each gallon of gasoline costs $3.69, it means each mile costs $3.69/23=$0.16 when using gasoline. The difference
$0.16-$0.11=$0.05 are the savings per mile when using diesel instead of gasoline. Since the diesel engine is $427.65 more expensive than the gasoline engine, we must drive $427,65/0.05=8,553 miles to pay off the extra cost of the diesel engine.
Accomplishment is the correct answer
Answer:
1. Easing
2. A higher
Explanation:
An adverse inflation shock when modeled is the upward shift of the Short run aggregate supply curve, this brings about higher inflation and causes a lowering of output.
The self-correcting mechanism of the economy will cause inflation to decrease gradually until the economy is back in long-run equilibrium at the original level of inflation.
If there is an intervention with monetary easing, aggregate demand will shift forward and a long-run equilibrium will be established where inflation remains at the higher level.
Answer:
105
Explanation:
1+2+3+4+5+6+7+8+9+10+11+12+13+14 = 105
Answer:
The journal entry to record this note collection carried out by the bank should be:
Dr Cash 21,200
Cr Notes receivable 20,000
Cr Interest revenue 1,200
Explanation:
Notes receivable is an asset account and it probably represented a sale made on credit by the company, so when it was collected, the amount should decrease and that is done by crediting it.
On the other hand, since only $20,000 belonged to the note, the rest ($1,200) must be recorded as interest revenue. Revenues are always credited.
