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
melomori [17]
3 years ago
7

Aldo Redondo drives his own car on company business. His employer reimburses him for such travel at the rate of 42 cents per mil

e. Aldo estimates that his fixed costs per year—such as taxes, insurance, and depreciation—are $2,200. The direct or variable costs—such as gas, oil, and maintenance—average about 17.0 cents per mile. How many miles must he drive to break even? (Do not round intermediate calculations. Roundup your answer to the next whole number.)
Business
1 answer:
geniusboy [140]3 years ago
8 0

Answer:

Break even in miles = 8800 miles per year

Explanation:

The break even in units is the number of units that must be sold in order for the total revenue to be enough to cover total costs or in order for the total revenue to be equal to the total costs.

In the given scenario, the units are miles driven and the break even in units will be the number of miles to be driven to cover total costs.

The formula for break even in units is as follows,

Break even in units = Fixed costs / Contribution margin per units

Where,

Contribution margin per units =  Revenue per unit - Variable cost per unit

Contribution margin per units = 0.42 - 0.17

Contribution margin per units = $0.25 per mile

Break even in miles = 2200 / 0.25

Break even in miles = 8800 miles per year

You might be interested in
A small business has determined that the machinery they currently use will wear out in 16 years. To replace the new machine when
Afina-wow [57]

Answer:

Present value deposit today = 216,886 (Approx)

Explanation:

Given:

Number of year (n) = 16 years x 4 quarter = 64

Rate of interest (r) = 1.6% = 0.016 / 4 = 0.004

Future value = $280,000

Present value = ?

Computation of present value deposit today:

Present\ value = \frac{Future\ value}{(1+r)^n}\\\\Present\ value = \frac{280,000}{(1+0.004)^{64}}\\\\Present\ value = \frac{280,000}{1.291}\\\\Present\ value = 216,886.135

Present value deposit today = 216,886 (Approx)

8 0
3 years ago
The marketing director for Zap Games, a video game company, has informed his employees that he feels the company needs to improv
guapka [62]

Answer:

The correct answer is task.

Explanation:

The work environment is one of the most important elements for the proper functioning and growth of an organization. A positive work environment contributes to greater productivity and employee engagement. For this reason, it is extremely important that the work environment is adequate, pleasant and stimulating to achieve a motivated team of high productivity.

It is indisputable that the work environment is a key factor in work relationships, however, it is difficult to define it and to specify the characteristics that determine it. From the employee's point of view, the work environment is the set of conditions that contributes to achieving satisfaction in the workplace. From the perspective of the company, it can be defined as the sum of elements that influence the organizational climate, productivity and good performance of employees.

5 0
3 years ago
What does the word Psychology means ?
nevsk [136]
Psychology is the study of behavior and the minds functions.
5 0
3 years ago
Read 2 more answers
A good handler wants to use a thermometer to measure the air temperature inside of a cooler. To what temperature should the ther
navik [9.2K]

Answer:

2°F, or ±1.0°C

Explanation:

5 0
3 years ago
Most assets a business has will eventually depreciation. <br> a. True <br> b. False
dybincka [34]
Your answer is going to be true.
8 0
3 years ago
Read 2 more answers
Other questions:
  • Corporate codes of ethical conduct: Select one: a. effectively deter unethical behavior. b. are sometimes viewed as thinly disgu
    7·1 answer
  • The Atlantic Division of Start Production Company reported the following results for 2020: Sales $5,500,000 Variable Costs $2,20
    9·1 answer
  • 3. Why does the infant mortality rate relate to a country's level of development?
    6·2 answers
  • In making rational choices, which of the following is true? a. We respond to marginal benefits and marginal costs. b. We do not
    12·1 answer
  • Because of the legal protection for intellectual property, such as patents, a firm has a better chance of recouping the costs of
    13·1 answer
  • Jim has an annual income of $180,000. Jim is looking to buy a house with monthly property taxes of $140 and monthly homeowners i
    10·1 answer
  • What is the best brand of pillar candles?
    12·1 answer
  • The degree of customer contact measuresthe amount of time the customer is separated from the service delivery system.the amount
    14·1 answer
  • Specialty store manager Terri is evaluating her employees for the first week of March. Her part-time sales associates have a sal
    14·1 answer
  • I am making marketing plan for a company can anyone help me in making swot analysis
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!