Business, 31.10.2019 02:31 neisha2507
You purchase a car that has an initial cost of $30,000. property tax on the car will be $500 when you purchase the car and will decrease by 5% per year because the county estimates that the tax value will depreciate. fuel cost in the first year is $1,050 and is estimated to increase by $125 per year because of expected increases in fuel cost. the cost to insure this car with you as the driver is estimated to be $1,500 in the first year, and to decrease by 10% per year as the car loses value and as you age into a less risky driver category. maintenance and repair costs are expected to be $100 in the first year, and to increase by fall 2019 ce 250 module 3 $150 per year. at the end of 10 years, you plan to sell the car and expect that you can get $5,000 as the salvage value. the interest rate is 7%, compounded annually. a) what is the equivalent annual cost of the purchase price of the car ($/year)? b) what is the equivalent annual cost of the property tax on the car ($/year)? c) what is the equivalent annual fuel cost ($/year)? d)what is the equivalent annual insurance cost ($/year)? e) what is the equivalent annual maintenance and repair cost ($/year)? f) what is the equivalent annual salvage value ($/year)? g) suppose that the equivalent uniform annual cost is $7,000 per year (this is not the correct answer to a previous part), and the vehicle is driven 15,000 miles per year. what is the average cost per mile ($/mile)?
Answers: 3
Business, 21.06.2019 21:00, dasiaflowers85
Identifying transactions national park tours co. is a travel agency. the nine transactions recorded by national park tours during may 2019, its first month of operations, are indicated in the following t accounts: cash (1) 75,000 (2) 900 (7) 8,150 (3) 1,600 (4) 6,280 (6) 2,700 (9) 2,500 accounts receivable (5) 12,300 (7) 8,150 supplies (2) 900 (8) 660 equipment (3) 8,000 accounts payable (6) 2,700 (3) 6,400 beth worley, capital (1) 75,000 beth worley, drawing (9) 2,500 fees earned (5) 12,300 operating expenses (4) 6,280 (8) 660 indicate for each debit and each credit (a) whether an asset, liability, owner's equity, drawing, revenue, or expense account was affected and (b) whether the account was increased (+) or decreased account debited account credited transaction type effect type effect (1) (2) (3) (4) (5) (6) (7) (8) (9)
Answers: 3
Business, 21.06.2019 23:00, rosie20052019
Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.
Answers: 2
You purchase a car that has an initial cost of $30,000. property tax on the car will be $500 when yo...
Biology, 29.12.2020 01:00
History, 29.12.2020 01:00
Mathematics, 29.12.2020 01:00
Engineering, 29.12.2020 01:00
Mathematics, 29.12.2020 01:00