Alec has graduated from college and is moving to a large city to start a new job. once he arrives, he plans to buy his first new car. because he has asthma and is concerned about the effects of air pollution, he wants to consider environmental factors in his choice of vehicle and in his driving habits. he also wants to avoid asthma-related health problems associated with air pollution. if alec wants to reduce the chance that he will contribute to a major smog occurrence, he should limit his driving time/distance in all of the following areas or conditions except

a. an suv
b. an hev
c. a conventional midsize car
d. a conventional compact car

Carver company produces a product which sells for $30. variable manufacturing costs are $15 per unit. fixed manufacturing costs are $5 per unit based on the current level of activity, and fixed selling and administrative costs are $4 per unit. a selling commission of 10% of the selling price is paid on each unit sold. the contribution margin per unit is:

Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 × 6.716)

Which of the following is not an example of one of the four mail advantages of prices on a free market economy