subject
Business, 02.04.2020 19:31 amandasantiago2001

As a traveling salesman for Initech, Gabe spends a lot of time in his car. He is interested in purchasing a new (2020) Toyota Prius for $27,900 to reduce his environmental and financial impacts. The dealer suggests that the car will last for 15 years but that the battery will need to be replaced every 7 years. Each battery will cost $3,200 (regardless of the year of purchase), which includes the new battery and disposal of the spent battery. In addition to maintenance costs, which he estimates to be $536 per year, Gabe will also need to periodically recharge the battery. After investigating the local charging options, he believes that it will cost $0.06/mile driven to recharge the battery. At the end of the 15 year life of the car Gabe expects the car will have a salvage value of $3,250. Old batteries have no residual value. Gabe's MARR is 7% and he believes that he will drive 41,000 miles each year he owns the car. What is the cost per mile to own and operate this Prius?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 17:00
The risk-free rate is 7% and the expected rate of return on the market portfolio is 11%. a. calculate the required rate of return on a security with a beta of 1.92. (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. if the security is expected to return 15%, is it overpriced or underpriced?
Answers: 2
question
Business, 22.06.2019 04:00
Match the type of agreements to their descriptions. will trust living will prenuptial agreement
Answers: 2
question
Business, 22.06.2019 07:40
Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z
Answers: 3
question
Business, 22.06.2019 09:00
According to this excerpt, a key part of our national security strategy is
Answers: 2
You know the right answer?
As a traveling salesman for Initech, Gabe spends a lot of time in his car. He is interested in purch...
Questions
question
Mathematics, 14.12.2021 20:50
question
Mathematics, 14.12.2021 20:50
question
Mathematics, 14.12.2021 20:50
question
Spanish, 14.12.2021 20:50
question
Mathematics, 14.12.2021 20:50