To rent a car for one week, a car rental company charges a $200 base price as well as $0.45 per mile. Jennifer will rent a vehicle at this company, but she has a $275 budget. What is a possible number of miles that Jennifer can drive without exceeding her budget?

Answers

Answer 1

Answer:

166mile

Explanation:

Given that:

Base price is $200

Mileage price = $0.45 per mile

Jennifer will rent a vehicle at this company, but she has a $275 budget.

Hence the possible number of miles that Jennifer can drive without exceeding her budget :

She will have to make a deposit of $200 which is the base price

($275 - $200) = $75

Now that she is left with $75

Recall,

1 mile = $0.45

X mile = $75

$75 × 1 mile = X mile × $0.45

X mile = 75/0.45

X mile = 166.666

Hence the maximum miles she will have to cover without incurring extra charges will be 166mile


Related Questions

Marketing is the ___________________, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

Answers

Answer:

Activity

Explanation:

Marketing is the activity that is to be conducted for promoting the company goods and services so that the it would create awareness among the people at large

It is an activity process of developing, communiciation, delivering, communicating, the value of customers, clients, society at large

hence, the answer is Activity

Kray inc., which produces a single product, has provided the following data for its most recent month of operations: number of units produced 3,300 variable costs per unit: direct materials $ 37 direct labor $ 23 variable manufacturing overhead $ 9 variable selling and administrative expense $ 6 fixed costs: fixed manufacturing overhead $ 237,600 fixed selling and administrative expense $ 234,300 there were no beginning or ending inventories. the variable costing unit product cost was:___________

Answers

Answer:

Unitary cost= $69

Explanation:

Giving the following information:

direct materials $37

direct labor $ 23

variable manufacturing overhead $ 9

The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).

Unitary cost= 37 + 23 + 9

Unitary cost= $69

A person who is the designated individual to assure compliance with the Virginia Real Estate Laws and Regulations, and is also responsible for the activities of the entire firm is known as the ______.

Answers

Answer:

Principal broker

Explanation:

A principal broker is also the managing broker. An individual with this position is one who has the legal requirements or capacity to go into agency contracts with consumers. He is also legally responsible for the activities of the entire firm. He is higher than the broker in rank as he supervised the broker. He has a greater license than the broker when it comes to real estate.

Which of the following investments would be considered a low risk investment? a new product b. a federally mandated environmental project c. A and B d. None of the above

Answers

Answer:

b. federally mandated environmental project

Explanation:

Based on the options provided the investment with the least amount of risk would be a federally mandated environmental project. This is because it is a project that is backed by a government, which tend to have contingencies in place to prevent failure. While a new product has not previous historical data that would reduce the risk, it is unpredictable what will occur once it gets released into the market, and is all speculation, thus it has a very high risk to it.

what are the different types of thought​

Answers

Answer:

decision discipline and problem solving

Explanation:

Which of the following is NOT regulated by the government?
Local employment agencies
Public schools
Private schools
Funding for retraining of workers

Answers

Answer:

Funding for the retraining of workers

Explanation:

Funding for the retraining of workers is a function internal to an organization that has to do with the retraining of workers towards a continuous profession development in upgrading and acquisition of new skills .

While other options in the question are under the regulation of the government, the funding for retraining of workers is left at the discretion of the employer or organization. This is why we have discrepancies in the approaches of different organization to this function.

Which of the following are reasons that the short-run aggregate supply curve slopes upward? Check all that apply. As the price level rises, firms find it more profitable to hire workers at any given wage. As the price level rises, firms pay higher wages for workers. As the price level rises, firms expand their production because they can sell their output for more money.

Answers

Answer:

As the price level rises, firms expand their production because they can sell their output for more money.

Explanation:

As the price level rises, supply increases as firms expand production to increase profits. And as price level falls, supply falls as firm reduce production. For this reason the short-run aggregate supply curve slopes upward.

Please find attached a graph showing the short-run aggregate supply curve

Answer:As the price level rises, firms decrease their investment, because it is more expensive to purchase capital.

Explanation: it is the answer before mine and also this answer, I just answered it for a homework problem

Without completing a signed agency agreement, the licensee may call herself A) a subagent. B) a facilitator. C) a designated agent. D) an agent.

Answers

Answer:

B) a facilitator

Explanation:

-A subagent is a person that acts as an agent after being assigned by a broker.

-A facilitator is an agent that has not being chosen as the client's representative.

-A designated agent is an agent that is assigned by a broker to represent a client and the other client in the transaction is represented by another agent that works with the same broker.

-An agent is a person that represents a buyer or seller in a real state transaction.

According to this, the answer is that without completing a signed agency agreement, the licensee may call herself a facilitator because she has not being designated by the client as his/her representative.

A policy for small businesses that do not qualify for a BOP that combines property insurance and commercial general liability insurance is called a

Answers

Answer: Commercial Package Policy

Explanation:  A Commercial Package Policy (CPP) is an insurance policy that combines coverage for multiple perils, such as general liability and property risk

A BOP is designed for more smaller businesses with less risk, while a Commercial Package policy is meant for a more risky business, or a business that needs more customized coverages.

In July, a customer invested $10,000 in the ABC Mutual Fund. In December of the same year, ABC announced a long-term capital gains distribution. In May of the next year, the customer decided to redeem his shares for a capital gain. How are both of the capital gains treated for tax purposes

Answers

Answer:

Capital gains distribution is treated as long term

Capital gain from from redemption is treated as short term

Explanation: Capital gains may be explained as the profit made from the sale of a property or investment. Depending on the holding duration of the stock or bond, a capital gain may be classed as short term is held for below one year or long-term, of held for more than 1 year. However, According to the Internal Revenue service regulation, Capital gains are taxed as long term irrespective of the holding period in which the owner has possessed the fund.

Capital gains redemption however, follows the usual time-line and in this case would be taxed as short-term because the holding period is between July to May, which is a 10 months. Since it hasn't exceeded a year, then, it is classed as short term.

According to rankings by many people over the years what is the number one expectation that people have a job they will enjoy

Answers

Answer:doing work that makes the best use of one's abilities and creates a feeling of accomplishment

Explanation:

I'm in 9th and just took that

The commission on the sale of a house is $9,410, and 30% goes to the broker who listed the property. Of the remainder, the broker whose sales associate completed the transaction gets 45%, and the sales associate receives the balance. How much does the sales associate who made the sale receive?

Answers

Answer:

$2,349.5

Explanation:

The total commission on sale of the house is $9,410

Broker who listed collected 30% = 30% * $9,410 = $2,823

Broker whose sales associate completed the transaction gets 45% = 45% * $9,410 = $4,234.5

Sales associate who made the sale will receive =  $9,410 - $2,823 - $4,234.5 = $2,349.5

Consider a 1-year option with exercise price $60 on a stock with annual standard deviation 20%. The T-bill rate is 3% per year. Find N(d1) for stock prices (a) $55, (b) $60, and (c) $65.

Answers

Answer:

Case 1: 0.4266

Case 2: 0.5987

Case 3: 0.7422

Explanation:

We will use the following formula to find d1 which is also given in the attachment below:

d1 = [ ln(S/K)   +   (r  +  0.5 * s^2)*t  ]  /  s * √t

Here

K is strike price and is $60

r is risk free rate which is 3%

s is annual standard deviation which is 20%

t is the option period which is 1 one year

Case 1: Stock Price is $55

Here K is $55. Putting values in the above equation, we have:

d1 =  [ ln(55/60)   +   (3%  +  0.5 * 20%^2)*1   ]   / 20% * √1

d1 = -0.1851

By using the normal distribution table, we can calculate N(d1) which is:

N(d1) = 0.4266

Case 2: Stock Price is $60

Here K is $60. Putting values in the above equation, we have:

d1 =  [ ln(60/60)   +   (3%  +  0.5 * 20%^2)*1   ]   / 20% * √1

d1 = 0.25

By using the normal distribution table, we can calculate N(d1) which is:

N(d1) = 0.5987

Case 3: Stock Price is $65

Here K is $65. Putting values in the above equation, we have:

d1 =  [ ln(65/60)   +   (3%  +  0.5 * 20%^2)*1   ]   / 20% * √1

d1 = 0.6502

By using the normal distribution table, we can calculate N(d1) which is:

N(d1) = 0.7422

n instrument that is payable to cash or to whomever may have possession of the instrument is known as _______ paper.

Answers

Answer: bearer instrument

Explanation:

Bearer instrument is an instrument that is payable to cash or to whomever may have possession of the instrument. The bearer instrument is also referred to as the bearer bond.

It is a security whereby there is no record of ownership information and the security is typically issued to the purchaser in physical form and whoever holds it is believed to be the owner.

The "Dual Aspect" explains that every transaction affects at least two items in the basic accounting equation and preserves the equation’s equality. What is the fundamental accounting equation? (2 points)

Answers

Answer:

Assets = Liabilitites + Shareholder's equity

Explanation:

The fundamental accounting information is seen above; i.e, Assets = liability + shareholders. This means that an individual's asset is the combination of liability and shareholders equity.

This was the basis of many other accounting equation, such as the double entry.  

Cheers

​ If the carrier has refused to pay a freight claim, then the claimant has _____ from the time the claim was disallowed to file for legal relief in the courts.

Answers

Answer:

2 years

Explanation:

Freight claim, sometimes referred to as shipping claim, is a term that describes a form of legal demand by a shipper or consignee to a carrier in respect to financial reimbursement for the loss or damage of a shipment.

According to the United States of America's Carriage of Goods by Sea Act (COGSA), which stated that, in a situation whereby the carrier has refused to pay a freight claim, then the claimant has 2 YEARS from the time the claim was disallowed to file for legal relief in the courts.

Hence, in this case, the correct answer is 2 Years.

Rico’s Taqueria had cash inflows from operating activities of $31,000; cash outflows from investing activities of $26,000, and cash outflows from financing activities of $16,000. Calculate the net increase or decrease in cash.

Answers

Answer:

The Decrease in cash -$11,000

Explanation:

The computation of the net increase or decrease in cash is shown below:

Cash inflows from operating activities $31,000

Less:

Cash outflows from investing activities -$26,000

Cash outflows from financing activities -$16,000

The Decrease in cash -$11,000

Hence, the decrease in cash is -$11,000 as they are two cash outflows activities and one inflow activities

A company's strategy concerns A. its market focus. B. how it plans to make money. C. the game plan management is using to stake out a market position, conduct operations, attract and please customers, compete successfully, and achieve organizational objectives. D. the long-term direction that management has chosen to pursue. E. whether it is employing an aggressive offense to gain market share or conservative defense to protect its market position.

Answers

Answer: C. the game plan management is using to stake out a market position, conduct operations, attract and please customers, compete successfully, and achieve organizational objectives

Explanation:

What stands out a firm is in its strategy. This strategy is embedded in how the firm plans it's game, using divers market position and ways on how to source for buyers to be attracted to it's product or services, which makes them glued to it. Conducting operations to ensure this services are well carried out to please the customers and provide after sales/service to curb any challenge.

Brittany is choosing the type of media for a new promotional campaign for Halls cough drops. She knows that each type of media has both benefits and disadvantages. She is considering the Internet as a form of media. Which of the following is not a disadvantage of the Internet as a promotional medium?A) Costs of precise targeting are high.B) Effects of promotion can be difficult to measure.C) There are concerns about privacy.D) The message must be short and simple.E) There are concerns about security.

Answers

Answer: D) The message must be short and simple

Explanation:

As the world evolves and new development takes place, the internet has become an advertising tool used in marketing. Even though it's effective in reaching out to the customers, it has disadvantages such as high costs, the promotion effects can be difficult to measure, privacy and security issues.

The advantage in the question given is that the message must be short and simple.

Assume all markets are in long-run equilibrium. Market price in a duopoly would be ________ the market price in a monopoly, and ________ the market price in a competitive market.

Answers

Answer:

Assume all markets are in long-run equilibrium. Market price in a duopoly would be greater than or equal to the market price in a monopoly, and     less than or equal to the market price in a competitive market.

Explanation:

That is the logical answer to the question about markets that are in long-run equilibrium.

A discontinuous innovation is a product that:___________

a. disrupts consumers' normal routine but does not require totally new learning.
b. requires no new learning by consumers.
c. is not purchased by innovators and early adopters.
d. initiates obsolescence of a product class.
e. requires consumers to learn entirely new patterns of behavior and product usage.

Answers

Answer: e. requires consumers to learn entirely new patterns of behavior and product usage

Explanation: Innovation could be described as the introduction of something new to the market, this coid be marked by changes in the working principle or implementation or modification of new product features or even a complete overhaul of previoulsy existiing functions. A Discontinous innovation can be explained as a total change or complete overhaul in the type of product produce. It is marked by having a complete difference from the previously existing versions. As such, there is a shift or change in the usage of the product which is totally different from that which exists with the previously adopted versions.

Answer:

e. requires consumers to learn entirely new patterns of behavior and product usage.

Explanation:

Discontinuous innovation is defined as a new product in a market or industry that requires the final user to change behaviour by learning a new process for use of the product. It causes dramatic change in the dynamics of the industry such as competition, industry revenue, growth rate, and pricing.

The products introduce a function that has never existed before so customers will need to learn entirely new patterns of behavior and product usage.

The managers of a rapidly growing company decided to modify its structure by grouping its employees into different teams. The entire business process of the company was modified to improve cost, quality, service, and speed. In this scenario, the company most likely experienced a shift from:

Answers

Answer:

a strong vertical structure to one emphasizing stronger horizontal coordination

Explanation:

Since in the question,  it is mentioned that the for rapidly growing of the company leads to change its structure also the employees grouping could be done in different team this is to be done due to improvement in the cost, quality, service, speed, etc

So here the company shifted it from a strong vertical structure to the horizontal as the changes are made that became beneficial for the company

Frito Lay is owned by Pepsi and has a variety of billion dollar brands such as Doritos, Cheetos, Lays, and Ruffles. These famous snack brands are available in a wide variety of sizes at almost every store location and vending center - from gas stations, to dollar stores, grocery stores, drug stores and super centers. Which level of distribution intensity does Frito Lay utilize

Answers

Here are the options:

A) Intensive

B) Exclusive

C) Selective

D) Cooperative

Answer:

A) Intensive

Explanation:

Remember, we are told that Frito Lay makes available their snack brands in grocery stores and gas stations, even in drug stores. This mixed combination shows an Intensive distribution strategy.

The primary goal of using this level of distribution is because, Frito Lay wants their snack brands to be visible by their consumers everywhere they go such as in supermarkets, drug stores, gas stations and many more.

Multiprint, a printer manufacturing firm, sells ink cartridges for each of its specific models. Only Multiprint cartridges are compatible with Multiprint printers, and no two models share the same specifications. What type of pricing does Multiprint use?

Answers

Answer:

Multiprint use "captive product pricing " type of pricing.

Explanation:

Captive Market or product Pricing seems to be the manufacturers' promotional strategy whereby the fundamental or central commodity price is typically significantly reduced, while the concentrated goods are considered challenging.This draws low-price buyers to something like the core functionality, which enables vendors to generate huge profits from the captive goods that are required to be using the commodity.

Serena is the CEO of Pedalo Inc., a publicly traded company. The shareholders want Serena on the board of directors despite her recent appointment as the CEO. This decision of the shareholders is most likely because Serena:

Answers

Answer: D.is likely to provide the board with valuable inside information

Explanation:

The options to the question are:

A. is a board member of a major client

B. is more likely than other board members to take care of the stockholders

C. is also the CEO of other companies.

D.is likely to provide the board with valuable inside information

From the question, we are informed that Serena is the CEO of Pedalo Inc., a publicly traded company and that the shareholders want Serena on the board of directors despite her recent appointment as the CEO.

This decision of the shareholders is most likely because Serena is likely to provide the board with valuable inside information.

Ikea offers young customers a selection of home furnishings featuring good design, function, and acceptable quality at low prices. Ikea is using which business level strategy

Answers

Answer: Focused cost leadership

Explanation:

Focused cost leadership could be described as targeting your market to a category of people only and not necessarily everyone. Some businesses do have a target market in mind when carrying out their production or sales. Their product isn't for everyone but this particular persons. They could design it from a normal general product but they will make it look perculiar and specific for this targeted market.

Suppose the price of apples increases from $20 to $27, and in response quantity demanded decreases from 108 to 98. Using the mid-point formula, what is the price elasticity of demand

Answers

Answer:

-0.325

Explanation:

The computation of the price elasticity of demand using mid point formula is shown below:

= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)  

where,  

Change in quantity demanded is

= Q2 - Q1

= 98 - 108

= -10

And, average of quantity demanded is

= (98 + 108 ) ÷ 2

= 103

Change in price is

= P2 - P1

= $27 - $20

= $7

And, average of price is

= ($27 + $20) ÷ 2

= 23.5

So, after solving this, the price is -0.325

f a company is to respond successfully to change, it must be able to _____ and _____, which is known as the _____ approach.

Answers

Answer: create ideas; implement ideas; ambidextrous

Explanation:

If a company is to respond successfully to change, it must be able to create ideas and then implement the ideas that have been created which is known as the ambidextrous approach.

The constant thing in every sphere of life is change and every individual and firm should always be ready when the change comes.

When companies move their production facilities around the world to take advantage of cheaper labor and lower taxes, what do anthropologists call this

Answers

Answer: Flexible Accumulation

Explanation:

Flexible accumulation could be described as a situation where companies move their factories and production line around the world considering how to cut much labour and reduce tax. This is found amongst big multinationals, firms that have both the market and the capital. They are mostly found in the automation industry, food industry also. These companies most importantly consider their influence in the market before doing this and it helps them reduce labour and tax.

According to the capital asset pricing model (CAPM), the security market line is a straight line. The intercept of this line should be equal to

Answers

Answer: C. The risk-free rate

Explanation: According to the Capital Asset Pricing Model, the security market line is a straight line. The intercept of this line should be equal to:

A. Zero

B. The expected risk premium on the market portfolio

C. The risk-free rate

D. The expected return on the market portfolio

The intercept of the security market line (This line shows the expected rate of return of a security as a function of systematic, non-diversifiable risk (beta), in other words, it is simply the line on which all capital investments lie) is equal to the risk-free interest rate (the theoretical rate of return of an investment with no risk of financial loss) according to the Capital Asset Pricing Model (CAPM).

The line is represented graphically as a straight line with risk on its horizontal axis, which is the independent variable, and expected return on the vertical axis, which is the dependent variable. The security market line also shows that investors would want higher rates of return with increasing levels of risk taken.

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