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Alexxandr [17]
3 years ago
12

Darrell and Jim are planning to run in their office-sponsored marathon and plan on joining a gym to train.Darrell finds that gym

-A has a $40 joining fee and then costs $15 per month after that.Jim finds that gym-B is free to join and costs $20 per month after. At what number of months of training would gym-A to be a cheaper option than gym-B
Business
1 answer:
patriot [66]3 years ago
5 0

Answer:

From number of month to be 9, training would be cheaper in gym A than in gym B.

Explanation:

To calculate the number of months when option containing gym A becomes cheaper than option of gym B, we first need to form cost equations for both and equate them.

Let x be the number of months.

The cost of gym A is = 40 + 15x

The cost of gym B = 20x

40 + 15x = 20x

40 = 20x - 15x

40 = 5x

x = 40/5

x = 8

So, the cost for both options will be equal when the number of months is 8. From number of month to be 9, training would be cheaper in gym A than in gym B.

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Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,110,00
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Answer:

$1,83,000

Explanation:

Sales = 4,535,000

Cost of goods sold = $2,560,000

Operating expenses  =  $1,382,000

Average total assets = $4,110,000

Net Income =  Sales - Cost of goods sold -  Operating expenses

= $4,535,000 - $2,560,000 -  $1,382,000

=  $5,93,000

Target income = 10%  of Average total assets

= 0.10 × $4,110,000

= $410,000

Thus,

Residual income = Net income - Target income

= $5,93,000 - $410,000

= $1,83,000

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