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
kati45 [8]
3 years ago
11

Maria is going to rent a truck for one day. There are two companies she can choose from, and they have the following prices. Com

pany A charges an initial fee of $55 and an additional 90 cents for every mile driven. Company B charges an initial fee of $90 and an additional 40 cents for every mile driven. For what mileages will Company A charge less than Company B?
Business
1 answer:
Darya [45]3 years ago
8 0

Answer:

for mileage less than 70 miles Company A will charge less than Company B

Explanation:

Data provided in the question:

initial fee of Company A = $55

additional cents for every mile driven for company A = 90 = $0.90

initial fee of Company B = $90

additional cents for every mile driven for company B = 40 = $0.40

let the minimum miles for which Company A charge less than Company B be 'x' miles

Now,

The Total rent function for company A

= Initial fees + charges for total miles driven

= $55 + $0.90x  .....................(1)

and,

The Total rent function for company B

= Initial fees + charges for total miles driven

= $90 + $0.40x     ................(2)

for the condition Company A charge less than Company B

equation 1 < equation 2

or

$55 + $0.90x < $90 + $0.40x

or

$0.90x - $0.40x < $90 - $55

or

$0.50x < $35

or

x < 70 miles

hence,

for mileage less than 70 miles Company A will charge less than Company B

You might be interested in
The Breeze trading company discloses the following information for the month of August 2016.
s344n2d4d5 [400]

Answer:

Periodic system: FIFO ; COGS= $11400, closing inventory = $7700, gross profit=$14000. LIFO = closing stock= 6600, COGS=$12500, gross profit=12900.

perpetual system: FIFO ;COGS=11400, closing stock= $7700, gross profit= $11400. LIFO ; COGS=$12500, closing stock= $6600, gross profit = $12900

Reason for a higher gross profit in FIFO than LIFO is some of the stock ends up not being sold as they are maybe old, out-fashioned, and obviously new trend come about everyday.

Explanation:

PERIODIC    

DR  purchases account    CR

11-Aug bank 9600  inventory 16100

20-Aug bank 6500    

     

                <u>16100</u>                  <u> 16100 </u>

 FIFA cost of sales  

   

opening balance   3000

purchases     16100

closing             7700

cost of sales     <u> 11400</u>

gross profit   <u>14000</u>

sales           25400

cost of sales   11400

closing inventory           <u>7700</u>

200 units from 11 aug   1200

1000 units from 20 aug   6500

LIFO  

closing balance         <u>6600</u>

600 units from 01 aug   3000

600 units from 11 aug   3600

Cost of sales  

opening stock  3000

purchases   16100

closing stock   6600

cost of sales   <u>12500</u>

   

gross profit   <u>12900</u>

sales         25400

cost of sales   12500

perpetual inventory system    

  FIFA

cost of sales   <u>11400</u>

10-Aug   2000

15-Aug   5800

27-Aug   3600

3 0
3 years ago
On January 1, 2020, Swifty Corporation established a stock appreciation rights plan for its executives. It entitled them to rece
OleMash [197]

Answer:

$620,000

Explanation:

The amount of compensation expense that Korsak should recognize for the year ended December 31, 2022:

= [($34-$20)*124,000*3/4] - [($31-$20)*124,000*2/4]

= [$14*124,000*3/4] - [$11*124,000*2/4]

= $1,302,000 - $682,000

= $620,000

Note: The answer is not included in the option above

4 0
3 years ago
The purposes of the statement of cash flows are to A. predict future cash flows. B. evaluate management decisions. C. determine
Temka [501]

Answer:

D. All of the above

Explanation:

A statement of cash flows is also known as cash flow statement and it is a financial statement which is used to illustrate how changes in income and various account of the balance sheet affect cash and cash equivalents.

The statement of cash flows is also used by financial experts or accountants to breakdown the cash-flow analysis into;

1. Cash-flow from operating activities: it represents cash-flow and transactions from operational business activities such as employee salary, sales of goods etc.

2. Cash-flow from investing activities: it represents the cash flow from investment such as proceeds from the sale of plant, equipments etc.

3. Cash-flow from financing activities: it represents the cash flow from debt or equity. Basically, the costs used in a financing a business.

<em>The purposes of the statement of cash flows are to;</em>

A. Predict future cash flows.

B. Evaluate management decisions.

C. Determine ability to pay debts and dividends.  

4 0
3 years ago
How were land mines used in the civil war?
NARA [144]
As trapes so when the enemy would attack the planted explosives would go off and kill multiple people

8 0
3 years ago
Session Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-ho
Fofino [41]

Answer:

$6,765

Explanation:

The total cost for job K913 is given by the sum of the costs with manufacturing overhead (fixed and variable), direct materials (M) and direct labor (L).

Since the company uses a predetermined overhead rate based on direct labor-hours, the overhead cost for job K913 is:

O = F+V\\O=\frac{150*\$511,000}{70,000} +150*\$2.10\\O=\$1,410

The total cost for the job is:

C=O+M+L\\C=\$1,410+\$705+\$4,650\\C=\$6,765

The total job cost for Job K913 is closest to $6,765.

8 0
3 years ago
Other questions:
  • A rights offering that gives existing target shareholders the right to buy shares in either the target or an acquirer at a deepl
    15·1 answer
  • You are hired as a consultant for a local restaurant. It is considering whether to close at​ 9:00 p.m., stay open an extra hour​
    10·1 answer
  • The year-end 2009 balance sheet for Tom's Copy, Inc. lists common stock ($1.00 par value) of $ 5,870 , capital surplus of $ 17,2
    15·1 answer
  • Emma owns a flower shop in Tampa. She pays $3,091 per month to lease her building, $2,208 in wages, $1,887 for flowers and other
    15·1 answer
  • This article (Links to an external site.) suggests, based on significant evidence, that competition in US markets is not only co
    6·1 answer
  • Looking at the total operating funds from all sources in Virginia, what are the top three spending
    8·1 answer
  • You decide to start your own business as a professional corporation. You purchase an office building for $35,000 from your mothe
    9·1 answer
  • The management of Irving Inc., an apparel company based in Letonia, decides to expand the company's operations to several other
    9·1 answer
  • 3. During the year, Walt travels from Seattle to Tokyo (Japan) on business. His time was spent as follows: 2 days’ travel (one d
    14·1 answer
  • *LOOK AT THE PHOTO PLEASE*<br> By law, people who file for bankruptcy
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!