Solutions
We know a used car is $ 5,000. You can drive 10, 000 miles per year in that car for 4 years. The care insurance per year would be $ 1,200. You know that you will spend $ 400 on maintenance. The gas will cost $ 4 per gallon and the car gets 25 miles per gallon.
⇒ (car) = $ 5,000
⇒ (Miles per year) = 10,000
⇒ ( Insurance per year) = $ 1,200
⇒ ( Maintenance ) = $ 400
⇒ (Gas) = $ 4 per gallon
To solve this problem we have to do
Total Cost = Cost Car + 4 × Car Insurance + 4 × Maintenance + 4 × Miles/Year ×<span> (cost/gallon) / (miles/gallon)
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We multiply by 4 since he figured out the car will last 4 years.
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Calculations
Total Cost = Cost Car + 4 × Car Insurance + 4 × Maintenance + 4 × Miles/Year ×<span> (cost/gallon) / (miles/gallon)
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Total Cost = (car) $5,000 + (Car Insurance) 4 × $1200 + (Maintenance) 4 × $400 + (cost/gallon) 4 × 10,000 (miles/gallon) × $4/25 = $17,800
Now we have to find per mile
We know that 10,000 miles = 1 year
To convert to 4 years multiply by 4 = 40,000 miles
<span>Cost/Mile = $17,800 / (40,000 miles)
= $0.445 / mile
= 44.5 cents per mile.
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Answer = <span>44.5 cents per mile.</span>
Sorry I’m not really sure of the answer
Answer: Orientation
Explanation:
The orientation is basically refers to program in which the proper information are providing to the new employees about the company policies, role, team and the various types of tasks and responsibilities in an organization.
The orientation event makes the employees work comfortably, efficiently and the effectively. In this event, the new employees are brief about the company or workplace and their job responsibility.
Therefore, Orientation is the correct answer.
Answer:
See the explanation below for the basic EPS and diluted EPS
Explanation:
To calculate EPS we use the earnings of the company adjusted for any income for preferential shareholders. In this case there is no preference shareholders. Thus income attributable to ordinary shareholders is $ 420 000 (net income)
Average outstanding shares for BASIC eps calculation is 1500 000 shares.
BASIC EPS = 420/1500
= $ 0,28 per ordinary share
When calculating diluted EPS we include instruments that can potentially increase the number of shares and dilute net income. Thus we will include the 60,000 shares to executives that have a three year condition attached to them.
Diluted EPS = 420/(1500+60)
= $0,269
Answer:
Defined Contribution
Explanation:
Retirement plans that re employer sponsored are broken into two categories. The first is called the defined- contribution plan while the second is known as defined-benefit plan. The main difference is that defined contribution seeks the cooperation of both the employer and employee to invest and contribute towards retirement while defined benefits is a guarantee of a specified amount in retirement for the employee
Defined Contribution
This retirement package requires an employee to make an investment of a fixed amount from his/her salary to his retirement plan while the employer is also expected to either match the amount contributed by the employee or promise a monthly/annual contribution of a particular percentage to the retirement package. This way the employer makes no promise of future pension but commits to a regular contribution
