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alekssr [168]
3 years ago
13

mr sumesh started selling cars at the age of 23 and he then started selling planes at the age of 43 years. what is the fraction

of his agr did he sell the car?​
Business
1 answer:
Montano1993 [528]3 years ago
3 0

Answer:

Fraction = \frac{20}{43}

Explanation:

Given

Cars = 23

Planes = 43

Required

Fraction of his age where he sold cars.

So, first we need to calculate the duration which he sold cars.

Duration = 43 - 23

Duration = 20

This means that he sold cars for 20 years.

To solve further, we'll assume that his current age is 43.

So, the fraction of his age is:

Fraction = \frac{Duration}{Current\ Age}

Substitute values for Duration and Current Age

Fraction = \frac{20}{43}

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International Data Systems' information on revenue and costs is relevant only up to a sales volume of 115,000 units. After 115,0
e-lub [12.9K]

Answer:

$855,000

Explanation:

The computation of the operating income is shown below:

Operating income at 115,000 units is

= (Selling price per unit - variable cost per unit) × sales volume - fixed cost

= ($16 - $8) × 115,000 - 65,000

= $855,000

Hence, the operating income at 115,000 units is $855,000

All other things are irrelevant. Hence, ignored it

3 0
3 years ago
Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company
love history [14]

Answer:

$25,760,000

Explanation:

The net amount of decrease and increase of cash a business or individual owns.

To find the proper cash flow amount used as the initial investment in fixed assets, use the following:

Calculation of initial investment outflow = cost of land + cost of plant + grading cost

= $9,600,000 + 15,200,000, + $960,000

= $25,760,000

Calculation of initial investment outflow = $25,760,000

Therefore the initial investment outflow is $25,760,000

4 0
3 years ago
The Acmeville Metropolitan Bus Service currently charges $0.88 for an all-day ticket, and has an average of 433 riders a day. Th
cupoosta [38]

Answer:

Absolute value of the price elasticity of demand = 6.8 (ELASTIC)

Explanation:

<em>(See attached)</em>

Download docx
3 0
3 years ago
The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.4 hours
dexar [7]

Answer:

the  labor efficiency variance is $35,244 favorable

Explanation:

The computation of the labor efficiency variance is shown below:

As we know that

Efficiency Variance is

= Standard rate × (Standard hours - Actual Hours)

= $13.20 × (9.4 ×1,050 units - 7,200 hours)

= $13.20 × (9,870 hours - 7,200 hours)

= $35,244 favorable

hence, the  labor efficiency variance is $35,244 favorable

7 0
2 years ago
Wiley's has total equity of $679,400, long-term debt of $316,900, net working capital of $31,600, and total assets of $1,123,900
Elenna [48]

Answer:

The answer is 0.4

Explanation:

The formula for total debt ratio is total debt ÷ total assets.

Total debt equals current debt plus total long-term debt.

To find total debt(liability), remember Asset = Liability + Equity.

Therefore, Liability (debt) will be Asset - equity

$1,123,900 - $679,400

Total debt(liability) = $444,500

So, total debt ratio will be:

$444,500/$1,123,900

=0.4

This ratio means 0.4 or 40 percent of the company asset is financed by debt.

7 0
3 years ago
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