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Gemiola [76]
3 years ago
13

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

ny A charges an initial fee of $72.50 and an additional 40 cents for every mile driven. Company B charges an initial fee of $25 and an additional 90 cents for every mile driven. For what mileages will Company A charge no more than Company B? Write your answer as an inequality, using m for the number of miles driven.
Business
1 answer:
son4ous [18]3 years ago
3 0

m≥95

Explanation:

Since, we have two option given.

forming the equation for Company A

As company A pay fixed (intercept) of $72.5. Moreover, with every one mile driven company A pays $0.4 (slope)

Using the equation

y=mx+c

where m is slope, and c is intercept.

In the case of company A. slope is $0.4, and intercept is $72.5.

charges= 0.4m+72.5

Forming the equation for company B

charges=0.9m+25

Now, as per the requirement of question we must find the value of m, where Company A will charge no more than company B

<em>That means,</em>

<em>we have to find the value of m where charges from equation of company A should be less than or equal to charges from equation of company B</em>

<em>in other words,</em>

<em>0.4m+72.5 ≤ </em> 0.9m+25

solving for m,

Step 1

72.5-25 ≤  0.9m-0.4m

Step 2

47.5≤ 0.5m

Step 3

47.5/0.5≤ m

Step 4

95≤ m

in other words, m≥95

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3 years ago
At the beginning of the year (January 1), Buffalo Drilling has $12,000 of common stock outstanding and retained earnings of $7,1
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Answer:

                                Statement of stockholders' equity

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_____________may be defined broadly as the lack of resources to achieve a reasonably comfortable standard of living.
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3 years ago
Suppose a company purchased land and a building for $20,000,000 cash. The appraised value of the building was $17,000,000, and t
sladkih [1.3K]

Answer:

The amount of the purchase price will be allocated to the Land account is $6,400,000

Explanation:

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