Based on the data provided here, calculate the items requested: 14,160 Annual depreciation $2,500 Current year's...
Based on the data provided here, calculate the items requested: Annual depreciation $ 3,000 Annual mileage 15,360 Current year's loan interest $ 740 Miles per gallon 24 Insurance $ 950 License and registration fees $ 155 Average gasoline price $ 3.50 per gallon Oil changes/repairs $ 910 Parking/tolls $ 780 a. Calculate total annual operating cost of the motor vehicle. Total variable cost $ Total fixed cost $ Total annual operating cost $ b. Calculate operating cost...
Based on the data provided here, calculate the items requested: 13,800 Annual depreciation Current year's loan interest Insurance Average gasoline price Parking/tolis $ 2,500 $ 678 $ 755 $ 4.00 per gallon $ 520 Annual mileage Miles per gallon License and registration fees Oil changes/repairs $ $ 90 528 a. Calculate total annual operating cost of the motor vehicle. Total variable cost s Total fixed cost s Total annual operating cost 1,619 4,015 5,634 $ b. Calculate operating cost per...
Based on the data provided here, calculate the items requested: Annual depreciation Current year's loan interest Insurance Average gasoline price Parking/tolls $ 2,500 $ 650 $ 680 $ 3.50 per gallon $ 420 Annual mileage Miles per gallon License and registration fees Oil changes/repairs $ $ 13,200 24 65 370 a. Calculate total annual operating cost of the motor vehicle. Total variable cost Total fixed cost Total annual operating cost b. Calculate operating cost per mile. (Round your answer to...
Annual depreciation $ 2,600 Annual mileage 20,400 Current year’s loan interest $ 1,100 Miles per gallon 24 Insurance $ 1,090 Average gasoline price $ 3.40 per gallon License and registration fees $ 74 Oil changes/repairs $ 464 Parking/tolls $ 496 (a) Compute the total annual operating cost of the motor vehicle. (Round your answers to the nearest whole dollar.) Total variable cost $ Total fixed cost $ (b) Compute the operating cost per mile. (Input your answer in cents...
For each of the flowing independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 105,000 units and has fixed cost of $352,600. The variable cost per unit is $0.25. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $147 and has fixed cost of $310,500. Next year, Sooner expects to sell 19,900 units and make operating income of $150,000. What is the variable...
Need help Purpose Calculate mileage reimbursements using arrays and methods. The Mathematical Association of America hosts an annual summer meeting. Each state sends one official delegate to the section officers’ meeting at this summer session. The national organization reimburses the official state delegates according to the scale below. Write a Java program to calculate the reimbursement values, satisfying the specifications below. Details on array and method usage follow these specs. 1. The main method should declare all the variables at...
Current Attempt in Progress Suppose the following data were taken from the 2022 and 2021 financial statements of American Eagle Outfitters. (All numbers, including share data, are in thousands.) 2022 2021 pport Current assets $963,700 $931,250 Total assets 2,017,700 1,750,250 Current liabilities 419.000 372,500 Total liabilities 564.956 490,070 Net income 190,820 420,792 Net cash provided by operating activities 299,000 487,300 Capital expenditures 255,000 279,200 Dividends paid on common stock 88,000 120,200 Weighted average common shares outstanding 203.000 213,600 (a) Calculate...
1. An annual coupon bond has a coupon rate of 5.4%, face value of $1,000, and 4 years to maturity. If its yield to maturity is 5.4%, what is its Modified Duration? Round to three decimal places. 2. A semi-annual coupon bond has MacD of 23.6 years, yield-to-maturity of 6.6%, and price of $1071.43. What is its DV01? Answer in dollars, rounded to three decimal places. 3. You own a bond portfolio worth $31,000. You estimate that your portfolio has...
need help with part C. thanks (Financial statement analysis) The annual sales for Salco, Inc. were $4.69 million last year. The firm's end-of-year balance sheet was as follows: B. Salco's income statement for the year was as follows: a. Calculate Salco's total asset turnover, operating profit margin, and operating return on assets. b. Salco plans to renovate one of its plants and the renovation will require an added investment in plant and equipment of $1.03 million. The firm will maintain...
159 ACCOUNTING FOR DEPRECIABLE ASSETS Instructions: Using the information provided below: 1. Calculate the annual depreciation for the depreciable assets in 2017. 2. Prepare the journal entries (using correct dates and explanations) that are necessary to record the following: • the purchase of the assets bought in 2017 • the depreciation for each of the depreciable assets for the year ended Dec. 31, 2017 • the potential sale of the truck on December 31, 2020 using the information provided 3....