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
melomori [17]
4 years ago
11

​John's 8minusyearminusold Chevrolet Trail Blazer requires repairs estimated at $ 8 comma 000 to make it road worthy again. His​

wife, Sherry, suggested that he should buy a 5minusyearminusold used Jeep Grand Cherokee instead for $ 8 comma 000 cash. Sherry estimated the following costs for the two​ cars: Trail Blazer Grand Cherokee Acquisition cost $ 25 comma 000 $ 8 comma 000 Repairs $ 8 comma 000 long dash Annual operating costs ​ (Gas, maintenance,​ insurance) $ 2 comma 680 $ 1 comma 800 What should John​ do? What are his savings in the first​ year?
Business
1 answer:
Setler [38]4 years ago
4 0

Answer:

$880

Explanation:

For savings, we have to compute the total operating cost of Trail Blazer and the Grand Cherokee which is shown below:

The Total operating cost of Trail Blazer = Repair +  Annual operating costs ​

= $8,000 + $2,680

= $10,680

And, the Total operating cost of Grand Cherokee would be

= Acquisition cost + annual operating cost

= $8,000 + $1,800

= $9,800

So, the net saving would be

= $10,680 - $9,800

= $880

You might be interested in
"Tariffs and other trade restrictions increase the domestic scarcity of products from abroad. Such policies benefit domestic pro
serg [7]

Answer: A

Explanation: Tariffs are imposed on foreign goods that are bought into a country. There are several reasons for the imposition of tariff such as revenue generation for the government, prevention of dumping, and protecting local industries.

When tariffs and other trade restrictions are placed on a product, it increases the domestic prices of such products. This is a blessing to domestic producers selling similar products because there will be an increase in demand for domestic products

4 0
3 years ago
Read 2 more answers
Why did many business owners want very little interference from the government?
hammer [34]
<span>Government interference in business can cause many problems. Government taxation policies Affect business cost. Four instance, A rise and corporate tax rate Have the same affect as a rising cost. And while companies will pass many of these cost onto their consumers, it will Still affect their bottom line. Also when government raises things such as the minimum wage, it affects how many people a business going higher and can lead to them having to lay off employees.</span>
5 0
4 years ago
quipment purchased in 2006 for ​$30 comma 000 must be replaced in late 2017. What is the estimated cost of the replacement equip
DiKsa [7]

Answer:

$53,355.7047

Explanation:

The computation of the estimated cost of the replacement cost is shown below:

Estimated cost = (old cost i.e purchased cost of an equipment ÷ Cost index of that year i.e 2006) × estimated cost index  for 2017

= ($30,000 ÷ 149) × 265

= $53,355.7047

We simply applied the above formula so that the estimated cost could come

6 0
3 years ago
Inventory items with a cost of $3090 were excluded from ending inventory. These goods were in transit from Flores company to Bar
Dovator [93]

Answer:

the journal entry to record this adjustment would be:

December 31, 202x, adjustment to merchandise inventory

Dr Accounts payable 3,090

    Cr Merchandise inventory 3,090

When goods are purchased FOB destination, the title of the goods passes only after the goods have been delivered to the buyer. Also, freight costs should be paid by the seller. When goods are purchased FOB shipping point, the title of the goods passes after the goods leave the seller's dock, they are considered property of the buyer even if they haven't arrived yet. Freight costs are generally paid by the buyer.

3 0
3 years ago
I'm 17 yrs old, I'm tryna get a debit card but I heard I need to be 18, can a prepaid or savings account card do the same job? (
Gennadij [26K]
If your parents are okay with you getting a debit card of some sort, try the Greenlight card! It’s a debit card where the parent(s) can load money onto the card on a scheduled basis, such as allowance, or they could load money whenever they want. Also, if you are making your own cash, here is what I do. I just pay my father the money that I have and he puts that onto my Greenlight card :)
8 0
4 years ago
Other questions:
  • Which business plan section is being described?
    7·1 answer
  • Why should management increase with the size of the company?
    5·1 answer
  • Mutual savings institutions are owned by who?
    5·2 answers
  • Every Monday during the month of December, salespeople who had the highest sales the previous week participated in a package sur
    6·1 answer
  • The organization structure that organizations most commonly adopt to solve control problems that result from producing many diff
    10·1 answer
  • A trucking company sold its fleet of trucks for $55,400. The trucks originally cost $1,426,000 and had Accumulated Depreciation
    10·1 answer
  • What is the double entry system?​
    12·2 answers
  • If GDP is 5 trillion dollars in income then it must be
    12·1 answer
  • The price of computers has fallen each year for the last 30 years. this is probably an example of the working of:_________
    13·1 answer
  • ikes to see all the facts before making a decision. he does not appreciate it when his team members try to push or persuade him
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!