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meriva
4 years ago
6

Benito spent $1837 to operate his car last year. Some of these expenses are listed on the table below:. . Operating Expenses. .

Cost. Insurance. . $972. Registration. . $114. Maintenance. . $105. . . Benito’s only other expense was for gasoline. If he drove 7600 miles, what was the average cost of the gasoline per mile?
Business
2 answers:
NNADVOKAT [17]4 years ago
7 0

Answer:

$0.09

Explanation:

The total expense incurred by Benito is the sum of the operating expenses. These are the cost of insurance, registration, maintenance and gasoline. As such, to determine the cost of gasoline, the other cost are summed up and deducted from the total cost.

Cost of gasoline = $1837 - ($972 + $114 + $105)

= $646

If he drove 7600 miles, the average cost of the gasoline per mile

= $646/7600

≈ $0.09 = 90 cents

Sergio [31]4 years ago
3 0
Benito's total expense is the sum of the operating expenses, cost of insurance, registration, and maintenance. These summed up to $1191. The remaining expense is $646 which is from the gasoline. From this, the cost of gasoline per mile is equal to $0.085.

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3 0
2 years ago
A bank is thinking about building a new branch. They think this new branch will generate 20 percent of the business of the bank
ivanzaharov [21]

Answer: 12.6%

Explanation:

The bank's expected standard deviation after adding this branch will be calculated thus:

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3 0
3 years ago
Joel is the sole shareholder of Manatee Corporation, a C corporation. Because Manatee’s sales have increased significantly over
Zina [86]

Answer:

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As an individual, Joel is taxed differently for capital gains in case he sells the warehouse, and that rate is generally lower than corporate tax rates.

5 0
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<u><em>Therefore , the correct option in this is (d)</em></u>

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3 years ago
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