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Colt1911 [192]
3 years ago
9

Tamara's Truck Rental rents small "box" trucks to college students to move items from their parent's home to a campus apartment.

The Rent Expense for a 12-foot-long box truck, where Tamara's Trucks charges a flat fee of $150 per rental plus $0.79 per mile driven, is a for the person renting the truck. Fixed cost Variable cost Mixed cost Stepwise linear cost
Business
1 answer:
Ann [662]3 years ago
7 0

Answer:

Flat fee= fixed costs

Variable cost= rental plus

Explanation:

Giving the following information:

The Rent Expense for a 12-foot-long box truck, where Tamara's Trucks charges a flat fee of $150 per rental plus $0.79 per mile driven.

We need to determine what kind of costs are.

We know that fixed costs do not change with production variation. In this case, fixed costs don't change with milage. Therefore, the flat fee is a fixed cost.

Variable costs increase or decrease with variation in production. The total cost of rental plus varies with the number of miles. The rental plus is a variable cost.

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On time airways will pay you $456 for working two weeks at $12 per hour. how many hours will you work per week?
qwelly [4]
You will work 38 hours per week. It is super simple, all you have to do is divide 456 by 12, and then that's your answer. Can I plz have brainliest and ty :)
8 0
2 years ago
Rajan Company's most recent balance sheet reported total assets of $2.10 million, total liabilities of $0.70 million, and total
andrew11 [14]

Answer:

0.5.

Explanation:

Assets - Liabilities = Owner's Equity.

As the name states, the debt to equity ratio is simply obtained by dividing total debt (liabilities) by the total equity, total assets should not be included:

DER = \frac{0.70}{1.40} =0.5

Rajan Company's  debt to equity ratio is 0.5.

4 0
3 years ago
What is the best explanation for the slope of the keynesian zone of the aggregate supply curve?
Bond [772]

An increase in aggregate demand when the economy is below potential output increases real output and has little or no effect on price levels.

The Keynesian aggregate supply curve shows that the AS curve is fairly flat. This means that during economic downturns, firms supply the quantity of goods demanded at a particular price level.

The Keynesian zone is on the left side of his SRAS curve and is fairly flat, so movements in aggregate demand affect production but have little effect on price levels.

The Keynesian model suggests that in the short term less flexible wages and prices will push the aggregate supply curve upward. This model makes it more likely that the economy will fall below the full employment level. This means companies can hire new workers and increase production without raising wages or prices.

Learn more about Keynesian at

brainly.com/question/1171653

#SPJ4

8 0
1 year ago
During its inception, Devon Company purchased land for $100,000 and a building for $180,000. After exactly 3 years, it transferr
Margaret [11]

Answer:

1. (4) Building at $180,000 and accumulated depreciation of $18,000.

2. (1) $312,000

3. (3) additional paid-in capital of $162,000.

Explanation:

1. The purchase price of building is $180,000

And the depreciation based on straight line method with a life of 30 years for each year = $180,000/30 = $6,000

Therefore, accumulated depreciation for 3 years = $6,000 \times 3 = $18,000

2. Total amount of assets given to subsidiary shall be the cost, and value of investment in books = $100,000 of land + ($180,000 - $18,000) of building after depreciation + $50,000 cash given

Therefore total value of investment shall be $312,000

3. Additional paid in capital = Total value of investment - Cost of shares (par value of shares)

= $312,000 - ($10 \times 15,000 shares) = $312,000 - $150,000

= $162,000

5 0
3 years ago
Assume you short sell 100 shares of IBM common stock at $125 per share. If the initial margin is 70%, what is the amount that yo
zhuklara [117]

Answer: d) $8750

Explanation:

The Cash buffer is also the margin of the total value of the stock.

= Initial margin * Investment value

= 70% * (125 * 100)

= 70% * 12,500

= $8,750

3 0
3 years ago
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