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Brrunno [24]
4 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]4 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

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almond37 [142]

Answer:

The firm's unleveraged beta is 1.0251

Explanation:

Hamada's equation  is used to separate the financial risk of a levered firm from its business risk.

The Hamada equation:

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Bl = 1.4

wd = 0.36

Tax rate = 35%

D/E = wd / (1 – wd) = 0.5625 = 56.25%

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=1.4/ 1 + (0.65)(0.5625)

=1.4/1.36

= 1.0251

5 0
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Answer:

Since Mrs. O'Malley disenrolled form the plan because she was moving away to a location that was not served by the company, Agent Higgins compensation should not be affected.

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4 0
3 years ago
What is the purpose of the 1040 series of tax forms?
melamori03 [73]
It is the standard (IRS) form that individuals use to file their annual  income tax returns
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The markup on a TV should be 58% based on selling price. If the seller paid $252 for one, then how much should it be sold for (i
FinnZ [79.3K]

Answer:

=$398.16

Explanation:

Mark up represents the desired profits of a product. A percentage mark-up increases the price of a product by that specific percentage.

If the cost is $252 and the required mark-up is 58%, the selling price will 58% higher than $252.

= 58% of 252 + 252

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Mary co-signs for a car loan for Barbara. What can happen to the car if Barbara misses a few payments on the car loan?
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