Enter formulas based on the following using the defined names you created in Step 3 to calculate the Rental Bill • Cell F6 is equal to the value in cell B4. • Cell F7 is equal to the value in cell B5. • Cell F9 is equal to the value in cell B6 • Cell F10 is equal to the value in cell B7. • Cell H9 is equal to the charge per day, which depends on the type of car entered in cell B5 and the rate table. (Hint use the VLOOKUP function. ) • Cell H10 is equal to the charge per mile, which depends on the type of car entered in cells B5 and the rate table. Wint: Use the VLOOKUP function

Answers

Answer 1

By using these formulas, you can easily and accurately calculate the rental bill based on the input values and the rates defined in the RateTable. These formulas can save you time and effort when calculating rental bills, and help avoid errors in manual calculations.

To calculate the rental bill based on the values entered in cells B4 through B7, you can use formulas that reference the defined names created in Step 3. Here are the formulas you can use:

Cell F6: =Rate

This formula will simply return the value in the Rate defined name, which is equal to the daily rate of the rental car.

Cell F7: =Days

This formula will return the value in the Days defined name, which is equal to the number of days the rental car was used.

Cell F9: =Miles

This formula will return the value in the Miles defined name, which is equal to the number of miles driven during the rental period.

Cell F10: =MilesRate

This formula will return the value in the MilesRate defined name, which is equal to the per-mile rate for the rental car.

Cell H9: =VLOOKUP(B5,RateTable,2,FALSE)

This formula uses the VLOOKUP function to look up the value in cell B5 (the car type) in the RateTable defined name. It will return the corresponding charge per day for that car type, which is located in the second column of the RateTable.

Cell H10: =VLOOKUP(B5,RateTable,3,FALSE)

This formula also uses the VLOOKUP function to look up the value in cell B5 in the RateTable. However, it will return the corresponding charge per mile for that car type, which is located in the third column of the RateTable.

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Related Questions

Identify and explain 2 reasons why a business such as AEC could not be successful without other firms providing natural resources

Answers

Answer:

AEC needs rubber to make its seals too. Oil is needed to produce rubber and, like coal and iron ore, oil is a natural resource. Without oil, AEC would have no rubber for seals. Natural resources are declining over time + coal reserves, especially, are running out.

Answer:

Identify and explain 2 reasons why a business such as AEC could not be successful without other firms providing natural resources

Explanation:

AEC needs rubber to make its seals too. Oil is needed to produce rubber and, like coal and iron ore, oil is a natural resource. Without oil, AEC would have no rubber for seals. Natural resources are declining over time + coal reserves, especially, are running out.

Does the Way Your Classroom Is Decorated Affect Your Learning?

Answers

No it never has. I just focus a lot and try not to look if my classroom is decorated.
honestly yes, if there are posters of the subject around the room that helps the students learn it will affect it in a positive way

What tends to happen to a nation that increases its participation in an open economy with an international sector?.

Answers

Generally, nations that engage in open economies export and import products with other countries more easily.

What is an open economy?

Open economy is an economic term that refers to an economic system in which two or more countries maintain an exchange agreement of goods or services.

The open economy includes the transfers and reception of:

Goods.Services.Technologies.Others.

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Under a contractionary taxation policy, the government can reduce the deficit by

A) increasing taxes.
B) reducing taxes.
C) increasing spending.
D) increasing inflation.

The Answer is A) increasing taxes.

Answers

Answer:

c

Explanation:

not sure but I tried may best tho

Answer:

A) increasing taxes.

Explanation:

bro r u kidding me smh

bro r u kidding me smh
bro r u kidding me smh

Answers

Answer: THATS SO F-U-C-K-I-N-G STUP.ID!!!!!!!!! HOW HARD IS IT FOR THEM TO GIVE YOU MORE TIME!!!!!!!!!

Explanation:

Answer:

But from the screenshot it seems like you spent alot of time on ur work, and they still give you an F and D?!  That's literally messed up. ur teachers should understand :/

which of the following are characteristics of a monopoly market structure? in a monopoly, no close substitutes are available. there are low barriers to entry into the market. there is only one firm in the industry. firm(s) have little to no price-setting power.

Answers

The characteristics of a monopoly market structure are;

in a monopoly, no close substitutes are availablethere is only one firm in the industry.

What is monopoly market structure ?

A market arrangement  which is been regarded as monopoly  can be seen as one that posses just one seller or producer. however the settings in the  monopoly restricts the number of product alternatives accessible and makes and do not help the rival to be able to enter the market. Monopolies may result in dishonest business practices.

Examples of natural monopolies can be seen in corporations that provide utilities such as electricity and natural gas.

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Zhang Industries sells a product for $700 per unit. Unit sales for May were 700 and each month's unit sales are expected to grow by 3%. Zhang pays a sales manager a monthly salary of $4,500 and a commission of 2% of sales. Compute the budgeted selling expense for the manager for the month ended June 30.

Answers

Answer: $14594

Explanation:

The budgeted selling expense for the manager for the month ended June 30 will be calculated thus:

The unit sales for June will be:

= [700 × (1 + 3%)]

= 700 × (1 + 0.03)

= 700 × 1.03

= 721 units

Commission will be:

= 2% × (721 × 700)

= $10,094

Therefore, the selling expenses to be reported will be:

= $10,094 + $4500

= $14594

If consumers feel that the price of ice cream is so low that there must be something wrong and do not buy it then this is an example of

Answers

Answer:ice cream is the best always buy it_-_

Explanation:

Answer:

poor pricing

Explanation:

consumers sometimes fear the quality of a product is poor if the price too low.

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Question #4
Multiple Choice
What is one of the major skill sets reinforced in the Common Core State Standards initiative?

-Obedience and humility
-Memorization skills
-Communication skills
-Government and civics

Answers

Answer:

-Communication skills

Explanation:

One of the major skill sets reinforced in the Common Core State Standards initiative is "Communication skills."

This above statement is true in the sense that the Common Core State Standards put more priority on the significance of conversing and listening in expanding vocabulary up to grade 5 and on the magnitude of making the presentation of information in a manner that improves communication generally. It also involves assessing others' presentations in grades 6-12.

Hence, the correct answer, in this case, is "Communication skills."

a contract that one party retains the exclusive right to cancel at any time is unenforceable. True or false?

Answers

True, a contract that gives one party the exclusive right to cancel at any time is generally considered unenforceable.

Contracts are legally binding agreements between two or more parties. To be enforceable, they must meet certain criteria, including the presence of a valid offer, acceptance, consideration, and an intention to create legal relations. Additionally, contracts should not contain terms that are deemed unfair, unconscionable, or illegal.

In the case of a contract that gives one party the exclusive right to cancel at any time, this clause may be considered unfair or unconscionable. Such a clause effectively allows one party to unilaterally terminate the contract without any repercussions, while the other party remains bound by its terms. This can lead to an imbalance of power and may not reflect the true intentions of the parties at the time of contracting.

As a result, contracts that contain an exclusive right to cancel clause may be deemed unenforceable by a court of law. However, the specific circumstances of each case will determine whether or not this is the case. For example, if the cancellation clause is clearly stated and the other party has agreed to it knowingly and voluntarily, the contract may still be enforceable.

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X Company, which uses the gross method and a perpetual inventory system, sold $2,000 of merchandise on account with credit terms of 2/10,n/30. If the customer pays within the discount period and takes the discount, X will record a journal entry that includes ______. (Check all that apply.)

Answers

Answer.

Explanation.

20 Characters long

3. ______ are defined as goods or services that are required for health and safety.

Answers

Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

What is the safety of goods?

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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Identifying specific marketing activities, determining the time required to complete each activity, and organizing marketing activities into the proper sequence are examples of the steps involved in creating a(n):

Answers

Answer:

e. implementation timetable

Explanation:

This set of sequential activities can be described as an implementation schedule, which is developed in an organization with the aim of organizing tasks according to the needs of development and completion so that the objectives of a given project are achieved effectively. .

It is also necessary that the schedule is monitored and updated when necessary, according to the needs of a given project and its demands over time.

A special form of business organization that combines advantages of a corporation and a partnership is a.

Answers

A special form of business organization that combines the advantages of a corporation and a partnership is a limited liability corporation.

A Limited liability company( LLC) is a business structure that offers limited liability protection and pass-through taxation. As with posts, the LLC fairly exists as a separate reality from its possessors. thus, possessors can not generally be held responsible for business debts and liabilities.

An LLC is a cold-blooded legal reality having certain characteristics of both a pot and a cooperation or sole procurement. An LLC is a type of unincorporated association distinct from a pot. The primary characteristic an LLC shares with a pot is limited liability, and the primary characteristic it shares with cooperation is the vacuity of pass-through income taxation. As a business reality, an LLC is frequently more flexible than a pot and may be well-suited for companies with a single proprietor.

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Amari is currently in the process of handling a service breakdown with a customer. what type of messages should amari use to have the best chance of resolving the situation positively?

Answers

Amari should solve the issue of service breakdown by sending an apology letter/ message to the customer.

Service breakdown happens in every organization at one point of time when they are unable to meets the expectation of customers. So, basically service breakdown is when an organization's products or services are unable to meets the desired expectations of the customers.

In case of happening of service breakdown organization's first step must be to give an apology letter to the customers. A sincere and heartfelt apology letter should be given in a way that customer do not feel like it is a kind of formality but in a way that shows that whole of the organization mean it. The organization in some cases can also take back the ownership of the

These phrases can help you demonstrate your sincere apology with the customer:

We can imagine how frustrating that would be.""We understand. we'd be upset as well."We'll make things right for you.

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within the third step of the control process, ______ is a principle that states that managers should be informed of a situation only if data show a significant deviation from standards.

Answers

Within the third step of the control process, management by exception is a principle that states that managers should be informed of a situation only if data show a significant deviation from standards.

The third step of the process of controlling is to compare the actual performance of the organization with the established standards. By comparing the actual performance with the standards, an organization can determine the deviation between them.

The final step of the control process is the correction of deviations to improve the performance so that in the future it matches with the plan. Establishing standards and methods for measuring performance. Measuring performance. Determine if performance is up to par. take corrective action. The marginal rate of return reduction is set to reduce the factor's marginal rate of return.

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Can someone tell me if it’s correct, and which one is wrong

Can someone tell me if its correct, and which one is wrong

Answers

Answer:

Yes,they are correct.

Explanation:

they are all correct! good job

The marketing team of Kyns Technologies needed more funds to carry out market research for one of its new products. The research and development team also needed funds to improve the company's existing products. The teams decided to split the company's funds so that both teams could use them, but not optimally. Which of the following concepts does this scenario illustrate? A. Despotism B. Compromise C. Repression D. Domination

Answers

Answer: compromise

Explanation:

Compromise refers to a scenario whereby a deal is made between different parties and in such scenario, each party gives up part of their demand. It simply means finding agreement through communication.

Since despite the need of the marketing team and the research team, both teams decided to split the company's funds so that both teams could use them, but not optimally. This is referred to as compromise.

Answer:

Compromise

Explanation:

When agreement is made or a conclusion is reached between tow different parties or wings, such that each of the agreeing parties has to shelve a certain part of its plans or demand in other to reach a reasonable conclusion. This idea shelving or cutting down on intention or projects by each party is called compromise. In the scenario, both the marking and research and development teams needed funds, however, due to inadequate provision, they had to agree on rationing what is available even though an optimal usage would be very unlikely.


What are the two factors used to calculate productivity?
A. Goods produced and number of customers
B. Resources invested and goods lost
C. Goods produced and employees hired
D. Goods produced and resources invested

Answers

Goods produced and resources invested re the two factors used to calculate productivity.

How productivity is measured?

Productivity is measured from different factors in the organization like the profit generate from the sales, number of customer increases, the amount of money invested in the company, the goods that are consumed of sell within span of time and others.

Thus, option D is correct.

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Answer:

Goods produced and resources invested

Explanation:

The summer internship is five weeks long, approximately 30 hours per week for 150 hours total.

Answers

Answer:

true

Explanation:

Question 7 of 10
Which of the following is a tax-advantaged savings plan designed to
encourage savings for future college costs?
A. University plan
B. 529 plan
C. Scholarship plan
D. 592 plan

Answers

It is the 529 plan to save money for college.

Answer:

It is the 529 plan to save money for college.

Explanation:

Economic freedom means more than being able to buy the things you want. It means that you have the freedom to choose _________________________.

Answers

Answer:

your career, your employer, and your job location.

Explanation:

The concept of economic freedom means, in addition to the power to choose what to buy due to the variety of goods and services available in a competitive market. Economic freedom in society qualifies the individual as an economic agent capable of using the resources he has to build his professional life, his career and choose his place of work.

Click this link to view O*NET’s Work Activities section for Licensing Examiners and Inspectors. Note that common activities are listed toward the top, and less common activities are listed toward the bottom. According to O*NET, what are some common work activities performed by Licensing Examiners and Inspectors? Check all that apply. working directly with the public evaluating information staffing organizational units drafting technical devices interacting with computers getting information

Answers

Answer:

Licensing Examiners and Inspectors examine, evaluate, and investigate eligibility for, conformity with, or liability under licenses or permits.. Here is what a typical day’s work for a Licensing Examiner and Inspector looks like: Issue licenses to individuals meeting standards. Collect fees for licenses.

Explanation:

Answer: A B E F

Explanation:

Click this link to view O*NETs Work Activities section for Licensing Examiners and Inspectors. Note that

6. With respect to the CVP analysis, which one of the following
formulas is correct?
a) px=vx+fc+Profit
b) Profit = vx+px-fc
c) FC=px-vx

Answers

The correct formula with respect to the CVP analysis is option px=vx+fc+Profit. (A)

CVP analysis, or Cost-Volume-Profit analysis, is a method used to determine how changes in costs and volume affect a company's profit. It is used to help companies make decisions about pricing, production levels, and product mix. (A)

The formula for CVP analysis is:
px=vx+fc+Profit

Where:
- px is the price per unit of the product
- vx is the variable cost per unit of the product
- fc is the fixed cost
- Profit is the amount of profit the company wants to make

This formula is used to determine the break-even point, or the point at which the company's total revenue equals its total costs.

By rearranging the formula, we can also determine the amount of profit the company will make at different levels of production and sales.

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Karen makes custom jewelry. In order to sell her jewelry, Karen rents a small kiosk at the local mall for $50 per month. She must buy blank medallions, stones, and chains to make her custom necklaces. These supplies cost approximately $30. Karen sells her necklaces for $55 each. How many necklaces must she sell to cover her costs?

Answers

Answer:

She will break even each month / cover her costs by selling 2 necklaces

Explanation:

If it's $50 a month, that is Karen's total monthly costIt costs $30 to make each necklaceShe sells the necklace for $55 eachTotal profit for each necklace therefore = sales price - cost, or $55 - $30, which is $25 profit per necklaceTo cover rent, which is $50, you take rent / profit per necklace or $50 / $25 profit per necklace, which is 2 necklaces

If you ask about salary, compensation, and other perks on the first interview, you:

Answers

If you ask about salary, compensation, and other perks on the first interview, you may give the impression that you are more concerned about the benefits rather than the job itself.

While it is important to know the salary range and other benefits offered by the company, it is not appropriate to bring up the topic on the first interview. Your main focus should be on the position and the company's culture, values, and goals. You can research the company and its compensation packages prior to the interview, but wait until the interviewer brings up the topic before asking any questions.

If you are asked about your salary expectations, provide a range that is reasonable for the position and your level of experience. Asking too early about salary and other perks can make you come across as greedy or entitled, and may potentially hurt your chances of getting the job offer. Remember to approach the interview with a positive and professional attitude and focus on showcasing your skills and qualifications for the job.

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The Gilbert Instrument Corporation is considering replacing the wood steamer it currently uses to shape guitar sides. The steamer has 6 years of remaining life. If kept, the steamer will have depreciation expenses of $650 for 5 years and $325 for the sixth year. Its current book value is $3,575, and it can be sold on an Internet auction site for $4,145 at this time. If the old steamer is not replaced, it can be sold for $800 at the end of its useful life. Gilbert is considering purchasing the Side Steamer 3000, a higher-end steamer, which costs $12,900 and has an estimated useful life of 6 years with an estimated salvage value of $1,600. This steamer falls into the MACRS 5-years class, so the applicable depreciation rates are 20. 00%, 32. 00%, 19. 20%, 11. 52%, 11. 52%, and 5. 76%. The new steamer is faster and allows for an output expansion, so sales would rise by $2,000 per year; the new machine's much greater efficiency would reduce operating expenses by $1,700 per year. To support the greater sales, the new machine would require that inventories increase by $2,900, but accounts payable would simultaneously increase by $700. Gilbert's marginal federal-plus-state tax rate is 25%, and the project cost of capital is 14%.


Required:


a. Should it replace the old steamer?


b. What is the NPV of the project?

Answers

a. Considering the depreciation and incremental cash flows, Gilbert Instrument Corporation should replace the old steamer with the Side Steamer 3000 for improved profitability.

b. The positive NPV of the project, taking into account depreciation and discounted cash flows, indicates the net value generated by the investment.

To determine if Gilbert Instrument Corporation should replace the old steamer and calculate the NPV of the project, we will follow these steps:

1. Calculate the net cost of the new steamer (initial investment) by considering the purchase price, the sales price of the old steamer, and the change in net working capital.

Initial investment = (cost of new steamer) - (sales price of old steamer) + (change in net working capital)
Initial investment = $12,900 - $4,145 + ($2,900 - $700)
Initial investment = $11,955

2. Determine the annual cash flows generated by the new steamer by considering the increased sales, reduced operating expenses, and the depreciation tax shield.

Annual cash flows = (increased sales + reduced operating expenses) × (1 - tax rate) + (depreciation × tax rate)

For each year, calculate the depreciation using the MACRS rates and then compute the annual cash flows:

Year 1:
Depreciation = $12,900 × 20.00% = $2,580
Annual cash flow = ($2,000 + $1,700) × (1 - 0.25) + ($2,580 × 0.25) = $2,627.50

Repeat this calculation for years 2 to 6 using the respective MACRS rates.

3. Calculate the NPV of the project using the annual cash flows, the initial investment, and the project cost of capital.

NPV = -Initial investment + (Σ (annual cash flow / (1 + project cost of capital)^year))

Compute the NPV by summing up the discounted annual cash flows and subtracting the initial investment.

a. The decision to replace the old steamer depends on whether the NPV of the project is positive or negative. If the NPV is positive, Gilbert should replace the old steamer. If it is negative, Gilbert should not replace the old steamer.

b. The NPV of the project is the value calculated in step 3.

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the blending of advertising, sales promotion, publicity, and personal selling is referred to as the .

Answers

The blending of advertising, sales promotion, publicity, and personal selling is referred to as the Marketing Communications Mix or Promotional Mix.

This concept represents a combination of various tools and strategies that businesses use to communicate their value propositions and key messages to their target audience. The goal is to create awareness, build interest, and ultimately drive sales for products or services.

Advertising involves creating and delivering paid messages through various media channels such as television, radio, print, and online platforms. It is a powerful way to reach a large audience, create brand awareness, and influence consumer perceptions.

Sales promotion encompasses various short-term incentives, offers, and discounts that aim to stimulate customer interest, increase product demand, and encourage purchases. Examples include coupons, contests, and product samples.

Publicity refers to unpaid media exposure and coverage that a company receives, which can have a significant impact on brand image and consumer perception. Public relations activities, such as press releases and event sponsorships, are used to generate positive publicity and maintain a strong relationship with the media.

Personal selling is a direct, one-to-one approach where sales representatives engage with potential customers, build rapport, and provide personalized information to help persuade them to make a purchase. This method is particularly effective in B2B transactions and high-value products or services.

In conclusion, the Marketing Communications Mix is a strategic blend of advertising, sales promotion, publicity, and personal selling techniques used to communicate with target audiences effectively. By employing the right mix of these strategies, businesses can achieve their marketing goals and create a positive impact on consumers.

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A normal cost system applies overhead to jobs ________.

Answers

By multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the job. :) hope that helped

A normal cost system applies overhead to jobs by multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the job. Thus, option (b) is correct.

This process of applying overhead manufacturing costs to jobs is called normal costing under the normal cost system, which applies overhead to costs by multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the jobs.

The overhead costs applied to jobs using a predetermined overhead rate are recorded as credits in the manufacturing overhead account. Actual overhead costs are not assigned to jobs in a normal cost system.

As a result, the significance of the normal cost system applies overhead to jobs are the aforementioned. Therefore, option (b) is correct.

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Your question is incomplete, but most probably the full question was.

A normal cost system applies overhead to jobs ________.

A. By multiplying a predetermined overhead rate by the estimated amount of the allocation base incurred by the job.

B. By multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the job.

C. Using the actual amount of overhead caused by each job.

D. Using the normal amount of overhead caused by each job.

A student is graduating from college in six months but will need a loan in the amount of $3,725 for the last semester. the student may receive either an unsubsidized stafford loan or a plus loan. the terms of each loan are: unsubsidized stafford loan: annual interest rate of 4.65%, compounded monthly, with a balance of $3,901.95, at the time of repayment plus loan: annual interest rate of 5.65%, compounded monthly with payment deferred until graduation which loan will have a lower balance and by how much at the time of repayment?

Answers

A loan will have a lower balance and by much at the time of repayment $142.13.

What is loan?

A loan is any sum of money, a piece of property, or other tangible item that is given to another party with the understanding that it will be paid back, plus interest, at a later date. A loan was the pay with interest.

Calculated the repayment of loan:

Given,

loan in the amount of $3,725

Annual interest rate of 4.65%

compounded monthly, with a balance of $3,901.95

annual interest rate of 5.65%

monthly interest rate is 4.65% ÷ 12

monthly interest rate = 0.3875%.

monthly interest rate is 5.65%  ÷ 12

monthly interest rate = 0.4708%.

balance = principal x (1 + monthly interest rate)^ number of compounding periods

balance = $3,725 x \((1 + 0.003875)^6\)

balance = $3,901.95

balance = principal x (1 + monthly interest rate)^ number of compounding periods

balance =  $3,725 x \((1 + 0.004708)^6\)

balance = $4,044.08

Amount of loan = $4,044.08 - $3,901.95

Amount of loan = $142.13.

As a result, the significance of the loan will have a lower balance in period of repayment is $142.13.

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