Choosing between a standard honda civic

Assignment Help Business Economics

Reference no: EM131809403

Victoria is choosing between a standard Honda Civic for $17,350 or a hybrid Civic for $20,875. She calculates her annual cost of ownership including payments but not including gasoline to be $5000 for the standard and $5800 for the hybrid. The standard Civic will cost Victoria 12c/mile for gasoline, while the hybrid will cost her only 7c/mile. How many miles must Victoria drive in a year before the hybrid vhicle becomes more cost efficient to her? Contributed by Paul R. McCright, University of South Florida.

Reference no: EM131809403

Questions Cloud

Prepare the direct materials budget for january : Prepare the direct materials budget for January. Prepare the manufacturing overhead budget by quarters and in total for the year.

Fiasco be to provide equally economical transportation : Tom Jackson is buying a new car. Alternative A is an American-built compact. It has an initial cost of $8900 and operating costs of 9c/

Calculate the annual cash dividends required : Calculate the annual cash dividends required to be paid for each of the following preferred stock issuances: $2.40 cumulative preferred, no par value

Compare the relative effect on hours of television watching : Compute beta-weights for each of the independent variables you selected and then compare their relative effect on the hours of television watching.

Choosing between a standard honda civic : Victoria is choosing between a standard Honda Civic for $17,350 or a hybrid Civic for $20,875. She calculates her annual cost of ownership including

What is medical identity theft and how to prevent it : How to control it using accounting information system? What is medical identity theft? how to prevent it?

Assume the annual maintenance : A road can be paved with either asphalt or concrete. Concrete costs $15,000/km and lasts 20 years. Assume the annual maintenance costs are $500 for concrete

Calculate profit as a percent of sales in the prior year : Calculate profit as a percent of sales in the prior year, Computation for the Profit Margin

What amount will be reported in estimated liability account : What amount will be reported in the Estimated Warranty Liability account on the December 31, 2011 balance sheet

User Account

All Pages