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
Finger [1]
3 years ago
13

Tyrone Northrup pays monthly rent of $1,240 for a one-bedroom apartment in a large city. He pays an extra monthly charge of $160

to the rental company for a parking space in an attended lot. His other costs are: electricity, $90 a month; other utilities, $860 a year; and insurance, $170 a year. What is his annual cost of renting?
Business
1 answer:
Leona [35]3 years ago
8 0

Answer:

$18,910.00

Explanation:

Monthly rent $1240

Extra monthly charge $160

Electricity $90

Other utilities $860 per year

Insurance $170 per year

The monthly rent per year will be

=$1240 x 12

=$14,880

Parking charges per year

=$160 x 12

=$1,920

Electricity charges per year

=$90 x 12

=$1,080

Other utilities per year

=$860

Insurance per year

=$170

The annual cost will be

=$14,880 + $1,920 + $1,080 + $860 + $170

=$18,910.00

You might be interested in
Some economists say that economic growth involves a​ trade-off between current generations and future generations. If a current
Zielflug [23.3K]

Answer:

Current consumption .

More output & More capital.

Explanation:

Economic growth is the increase in the productive base of a country within a period of time. It can also be seen as the increase in the production of goods and services produced by a country within a period of time, it is simply increase in the gross domestic product (GDP)

Savings is that part of disposable income that is not consumed. That is, that part of income that is not spent on current consumption is what we called savings, the simple equation is:

S = Yd - C

Where: S = Savings, Yd = Disposable income and C = Consumption.  

When the current generation raises its savings rate, it sacrifices current consumption which is alternative forgone or opportunity cost of savings.

The gain for future generation is the accumulation of capital that will be available to them to produce more goods and services.

6 0
3 years ago
If oligopolistic firms facing similar cost and demand conditions successfully collude, price and output results in this industry
Andrews [41]

Answer:

C) the monopoly model

Explanation:

First of all, collusion is illegal, and it is defined as secret cooperation between individuals or organizations that should be competing against each other.

In this case, the oligopolistic firms should be competing against each other trying to earn a larger market share, but since they collude together, they will act as if they were one single large monopoly. Usually collusion leads to higher prices, benefiting the companies but hurting the customers. Since all the competing firms in the market decided to work together, they will set their prices in a similar manner to a monopoly since there is no real competition between them.

7 0
2 years ago
Nysa works in an electricity distribution company’s customer service department. One day she gets a call from a customer who is
jolli1 [7]

Answer: The correct answer is empathy!

Explanation:

She put herself in the customers shoes and voiced that she was understanding. She was also patient but they emphasized how considerate she was in the example, so empathy is the answer ;)

8 0
3 years ago
Read 2 more answers
​Mid-Town Auto Parts Company uses the direct method to prepare its statement of cash flows. Refer to the following information r
Lera25 [3.4K]

Answer:

Collection from Customers =$487,000

Explanation:

Collection from Customers=account receivable beginning balance+sales revenue-account receivable ending balance

=97000+$519,000-$65,000

=$487,000

7 0
3 years ago
A bank has excess reserves of $1,000,000 and makes a new loan for $500,000. If the bank faces a 10% required reserve ratio, by h
lianna [129]

Answer:

Money supply increase=500000/10%=5000000

Explanation:

3 0
3 years ago
Other questions:
  • At the beginning of Year 1, Mitchell Company purchased office equipment for $15,000. The machine has an estimated residual value
    10·1 answer
  • Mr. Fulgham cites Singapore as a model city in the use of their water resources. Which of the five forces does this "four tap" p
    5·1 answer
  • An insured forgets to pay his insurance premium. Instead of the policy lapsing, the premium is paid by the company. This would s
    10·1 answer
  • Wellington Corp. has outstanding accounts receivable totaling $1.27 million as of December 31 and sales on credit during the yea
    11·2 answers
  • Tobin inherited 100 acres of land on the death of his father in 2019. A Federal estate tax return was filed and the land was val
    7·1 answer
  • A for-profit institution that works with large companies and corporations to manage deposits, loans, and investments is known as
    12·2 answers
  • Roland becomes ill so he signs and gives his daughter a document authorizing her to manage all of his affairs should he become i
    5·1 answer
  • Your bosses at the residential contracting firm has asked you to help them decide about whether they should keep a particular it
    11·1 answer
  • Apple Inc.'s decision to acquire Beats Electronics and Beats Music in 2014 for $3 billion rather than enter into a joint venture
    14·1 answer
  • ______ effect happens when the place a product was manufactured influences how consumers perceive the product.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!