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
Brrunno [24]
3 years ago
6

A city engineer knows that she will need $25 million in 3 years to implement new automated toll booths on a toll road in the cit

y. Traffic on the road is estimated to be 3 million vehicles per year. How much per vehicle should the toll be to cover the cost of the toll booth replacement project in 3 years?
Business
1 answer:
svetlana [45]3 years ago
6 0

Answer:

$2.78 per vehicle per year

Explanation:

Replacement Cost in 3 years time      $25,000,000

Total vehicles=No. of vehicles per year* No. of year =3,000,000*3=9,000,000

Toll per vehicle per year =25,000,000/9,000,000=$2.78 per vehicle

You might be interested in
A team that consists of members who interact by computer network to collaborate on projects is called a(n)
Viefleur [7K]
It is called solution. I guess so.
8 0
3 years ago
Scenario 1: Richman Investments provides high-end smartphones to 250 of their 3000 employees. The value of each smartphone is $1
atroni [7]

Answer:

will be 500

Explanation:

7 0
3 years ago
Stag Corp. will pay dividends of $4.75, $5.25, $5.75, and $7 for the next four years. Thereafter, the company expects its growth
Natalka [10]

Answer:

$69.41

Explanation:

Given that

D1 = 4.75

D2 = 5.25

D3 = 5.75

D4 = 7

g = 7% or 0.07

R = 15% or 0.15

Therefore,

D5 = D4 (1 + g)

= 7 × 1.07

= 7.49

Also,

P4 = D5/g × R

= 7.49/0.15 × 0.07

= 93,625

Thus,

P0 = 4.75/1.15 + 5.25/(1.15)^2 + 5.75/(1.15)^3 + 7/(1.15)^4 + 93.625/(1.15)^4

= $ 69.41357

Approximately

= $ 69.41

4 0
3 years ago
(a) Dell Computers is a leader in the computer industry with over $ 59 billion in sales each year. A recent annual report for De
sp2606 [1]

1. Warranty Expense a/c……………..Dr $501,100,000

                 To warranty payable a/c…………….$501,100,000

(Warranty expense incurred)

   Warranty Payable a/c………………Dr $415,000,000

                 To Cash a/c…………………………..$415,000,000

(Warranty Expense paid by cash)

2. Cash a/c………………………Dr $90,900,000

                 To Unearned revenue a/c………$90,900,000

(Recognize the receipt of cash)

  Unearned revenue a/c…………..Dr $80,050,000 ($90,900,000 - $2,850,000)

                 To Revenue a/c……………………$80,050,000

(Recognized as revenue)

Warranty liability is a legal responsibility account in which a company records the amount of the repair or replacement cost that it expects to incur for products already shipped or services already provided. This can be an extensive liability for more complicated products subject to breakage.

Accrue the warranty expense with a debit to the warranty price account and a credit to the warranty liability account. As actual warranty claims are received, debit the warranty liability account and credit the stock account for the cost of the replacement parts and products sent to customers.

learn more about liability here brainly.com/question/25687338

#SPJ4

6 0
2 years ago
Bonds ________ and stocks ________.
Sindrei [870]

Answer:

The correct words for the blank spaces are: are low-risk investments; are high-risk investments.

Explanation:

Bonds are considered to be <em>low-risk investments </em>compared to stocks because an interest rate fixed payment is made with bonds in regular periods. Instead, stocks are <em>high-risk investment</em>s since they payout dividends to stakeholders based on a company's profits implying investors will only earn a profit if the company has been able to earn income during a period. Even if that happens, the firms can retain the earnings for reinvestment.

7 0
2 years ago
Other questions:
  • Why does a bank sometimes hold excess reserves?
    12·2 answers
  • Having never been to singapore, you should still be able to tell me the % of work force involved in primary and secondary activi
    12·1 answer
  • Jeff deposits $3,000 into an account which pays 5 percent interest, compounded annually. At the same time, Kurt deposits $3,000
    10·1 answer
  • Telemarketers receive $15 commission on all new customers they sign up for cell phone service through Movill Networks. Each tele
    7·1 answer
  • The basic premise of​ ______ is that firms should establish objectives and evaluate strategies on criteria other than using only
    5·1 answer
  • Supply-side policies have proven that smaller government makes the economy more efficient. ​ Select one: True False
    13·1 answer
  • Required information
    12·1 answer
  • Dorsett Corporation's income tax return for Year 8 shows deductions exceeding gross income by $56,800. Included in the tax retur
    10·1 answer
  • REALTORS®: a. protect and promote the interests of their clients. b. treat all parties honestly. c. promote their interests over
    14·1 answer
  • the us government gave land to the railroads to help them expand. what impact did these land grants have on industries in the we
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!