Author Question: The former owner of a used car told the new buyer that the car could travel for 36.4 miles on one ... (Read 90 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
The former owner of a used car told the new buyer that the car could travel for 36.4 miles on one gallon of gasoline. The buyer tested the car by driving it for 170 miles on 4.5 gallons of gasoline. Was this better or worse than the claim, and by how many miles per gallon? (Round to the nearest tenth.)

Question 2

A small-appliance merchant using the average cost method of valuing inventory has 65 toasters remaining in inventory. The merchant purchased toasters over a three-month period as follows: 40 purchased at 8.00 on April 1, 60 purchased at 7.70 on May 1, and 20 purchased at 7.80 on June 1 . Compute the value of the ending inventory of toasters at average cost.



Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

170 miles  4.5 gallons = 37.8 miles per gallon;
37.8 - 36.4 = 1.4 miles per gallon better

Answer to Question 2

508.08 or 508.30



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

For a complete list of videos, visit our video library