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svp [43]
3 years ago
13

A railwya has an operating ratio of 78%. If uts operating revenue were for $ 4.6 B for 205what were its operating expenses

Business
1 answer:
kvasek [131]3 years ago
4 0

Answer:

Its operating expenses were $ 3.588 B

Explanation:

The operating ratio is the ratio of operating expense to the operating or revenue generated.

This ratio is used for comparison of results from the operations of various industries.

Given that the operating ratio of 78% and the operating revenue is $4.6B, the operating expense T may be computed as

78% = T/4.6 * 100%

T = 4.6 *.78

= $3.588 B

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six packs of cola are on sale for 1.50, if a customer buys a 24 pack, what is the total charge including 8% sales tax?
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Answer:

$6.48

Explanation:

A pack of six costs $ 1.50

A pack of 24 will cost $(1.50 x 4)= $ 6

8% tax will be: 8/100 x 6= .08x6= 0.48

Total = $6+$ 0.48 = $6.48

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3 years ago
Which is LEAST important to maintaining a healthy credit score?
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The answer is either B or C. I think it may be C.
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2 years ago
The _____ helps consumers compare the relative prices of goods and services in different countries.
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The <u>exchange rate</u> helps consumers compare the relative prices of goods and services in different countries.

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6 0
1 year ago
Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan's eight
FromTheMoon [43]

Answer:

1,000

and 1,000

Explanation:

The loan rate is 8,5%

85/1000 = 8.5

The market rate is 8.5

So the loan should be sold at 1,000 which is the face value of the loan, because there is no difference between the market rate and the loan rate.

This can be calculated anyway to prove it:

present value of the annuity of $85 during 8 years at 8.5% market rate

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 85

time 8

rate 0.085

85 \times \frac{1-(1+0.085)^{-8} }{0.085} = PV\\

PV $479.3306

Present value of the maturity date:

\frac{Maturity}{(1 + rate)^{time} } = PV

Maturity 1000

time 8

rate 0.085

\frac{1000}{(1 + 0.085)^{8} } = PV

PV  $520.6694

Total present value

PV c $479.3306

PV m  $520.6694

Total $1,000.0000

7 0
3 years ago
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