Calculate the annual fuel savings in gallons

Assignment Help Financial Management

Reference no: EM131986623

Your small remodeling business has two work vehicles. One is a small passenger car used for job-site visits and for other general business purposes.

The other is a heavy truck used to haul equipment. The car gets 25 miles per gallon (mpg). The truck gets 10 mpg. You want to improve gas mileage to save money, and you have enough money to upgrade one vehicle. The upgrade cost will be the same for both vehicles.

An upgraded car will get 40 mpg; an upgraded truck will get 12.5 mpg. The cost of gasoline is $3.65 per gallon. Calculate the annual fuel savings, in gallons, for the truck and car assuming both vehicles are driven 11,500 miles per year. (Round your answers to 2 decimal places, e.g., 32.16.)

Fuel savings Truck

52.95 gallons per year Car gallons per year

Assuming an upgrade is a good idea in the first place, which one should you upgrade? Both vehicles are driven 11,500 miles per year.

Reference no: EM131986623

Questions Cloud

Explain the project management concept of triple constraints : Explain the project management concept of triple constraints. What is the applicability of each of these concepts to a healthcare facility project?

Fracture of the upper end of the radius : Sustained a torus fracture of the upper end of the radius. Oh stop. Using your CPT manual and your ICD-10 manual assign codes and modifiers.

Suppose a leader colleague at an hco says : Suppose a leader colleague at an HCO says, "I don't think our culture is where it should be." Another leader responds, "I disagree. I think our culture is fine

Postsurgery for an application of new long leg cast : The patient required surgery due to a traumatic fracture of the lower leg. what is ICD-10 code? What is CPT code? What are modifiers?

Calculate the annual fuel savings in gallons : Your small remodeling business has two work vehicles. One is a small passenger car used for job-site visits and for other general business purposes.

Rectus abdominal oblique : The most important muscles of the abdomen are the external, internal, and rectus abdominal oblique.

Create program to allow user to create and use student grade : Create a program to allow a user to create and use student grades and display the associated student IDs, names and grades.

Create a comprehensive strategic marketing plan : Marketing Management and Digital Communications - create a comprehensive strategic marketing plan - Discussion of target market and positioning

Connection between our current industrialized food system : Do you think there is any connection between our current industrialized food system and chronic disease? Explain.

User Account

All Pages