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o-na [289]
3 years ago
9

rachel Kauffman drove her suv 17,600 miles last year. if her cost per mile was $0.47 and her annual cost were $48.00 more than h

er annual fixed costs find her annual variable cost and annual fixed cost answer
Business
1 answer:
gulaghasi [49]3 years ago
6 0

Answer:

Annual Fixed cost is $4112 and

Annual Variable cost is $4150

Explanation:

Let Annual Fixed cost be "X", then

Let Annual Variable cost be " X + 48"

Therefore, X + X + 48 = 17 600 x $0.47

2X + 48 = 8224

2X = 8224

X = $4112

Then, X + 48 = 4112+48=4150

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3 years ago
Three years ago, Joe bought a 5-year, 10% coupon paid semiannually bond for $1000. Currently, with interest rates having risen s
ludmilkaskok [199]

Answer:

3.63%

Explanation:

Semiannual coupon payment

= $100 ÷ 2 = $50[($1,000 × 10%) ÷ 2]

The total number of compounding period = 2periods per year × 3 years = 6 periods.

By entering the following data on a financial calculator, rate is calculated as 1.81%.

Semiannual yield = 1.81%

Annual yield = 1.81% ×2 = 3.63%

3 0
3 years ago
The potential advantages of traditional mail surveys are quick response and lower cost than online surveys, but this advantage h
AURORKA [14]

Answer:False

Explanation:

The potential advantage of online surveys are quick response rate and low cost than traditional surveys. This statement contradicts the above stamement.

Online surveys has faster medium to reach the target audience,cost-efficient.These are characteristics of online survey not traditional survey

So therefore it is false

8 0
3 years ago
Suppose some banks decide to increase their holdings of excess reserves relative to deposits. Ceteris paribus, this action will
slava [35]

The action of the bank will put decreased pressure on the money supply, and to reduce the impact of this action, the Fed could decrease the discount rate.

Basically, a decrease in discount rate will make it easy and cheaper for commercial banks to borrow money from Federal Reserve System and thus, results to increase in available credit and lending in the economy

Therefore, if the commercial banks decide to increase their holdings of excess reserves supposed to be remitted to Feds, then, this will put <u>decreased</u> pressure on the money supply, and the Fed would act by <u>decreasing</u> the discount rate.

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<em>brainly.com/question/20023706</em>

5 0
2 years ago
John owns a second home in Palm Springs, California. During the year he rented the home for $4,000 for 36 days and used the hous
tekilochka [14]

Answer:

Option (C) is correct.

Explanation:

Total expenses:

= mortgage interest + property tax + utilities and maintenance + Depreciation expense

= $5,000 + $600 +  $900 + $3,500

= $10,000

Proportionate rental expenses = Total expenses × \frac{36\ days}{(36 + 14) days}

Proportionate rental expenses = 10,000 × \frac{36\ days}{(36 + 14) days}

= $7,200

Rental Loss = Rental Income - Proportionate rental expenses

                   = $4,000 - $7,200

                   = -($3,200)

7 0
3 years ago
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