Business, 27.05.2020 00:57 brialevy2283
Doloris is a college sophomore. She is currently living in a dorm and signed a contract to pay the dorm fees for the full academic year (9 months). The contract states the if she moves out she can sell the remaining contract to another student. The cost of the dorm is $5000 for the year. After two (2) months of living in the dorm Doloris found an apartment with her friends and really wants to move off-campus. Doloris put an add in the Alligator and had two offers for her dorm contract buy out.
1) Pay Doloris $350 per month for the 7 remaining months.
2) Move-in the second semester and pay half of the original dorm fee ($2,500). Doloris's new apartment will cost $450 in rent. The cost for food in the dorm is $500 per month and she estimates it is $400 in food and utility monthly expenses if she moves into the apartment. Assume semesters are 4.5 months long.
What is the cost for Doloris to move into the apartment now?
What is the cost for Doloris to move at the end of the semester?
What is the cost for Doloris to stay in the dorm for the rest of the school year?
Which is the most economical option for Doloris?
Answers: 3
Business, 21.06.2019 21:20
Trinity coatings company uses the indirect method to prepare its statement of cash flows. refer to the following information for 2018: the beginning balance in the cash account was $ 3 comma 000. net cash provided by operating activities: $ 42 comma 000 net cash used for investing activities: $(26 comma 500) net cash provided by financing activities: $ 1 comma 700 the statement of cash flows will show
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Business, 22.06.2019 03:40
2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.
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Business, 22.06.2019 21:00
The purpose of the transportation approach for location analysis is to minimize which of the following? a. total costsb. total fixed costsc. the number of shipmentsd. total shipping costse. total variable costs
Answers: 1
Doloris is a college sophomore. She is currently living in a dorm and signed a contract to pay the d...
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