where they must pay a $56 per month parking fee. Eliza has budgeted the following automobile expense items for the next 8 years: \table[[Expense, Cost,Fixed/Variable], [Gasoline(11L Per 100KM)($1.48 Per Liter), S, Variable],[Licence/ Registration, $749, Fixed], [Insurance, $4427, Fixed], [Maintenance, $5200, Variable]. [Tires ($1310 per set that last 57000KM ), S, Variable],[Parking (96 Months), $5376, Fixed], [Interest, $2630, Fixed], [Depreciation (STRAIGHT LINE), S, Fixed]] CALCULATE THE FOLLOWING USING THE ABOVE INFORMATION: \table[[,, TOTAL KMS, 104000KM], [TOTAL FIXED COSTS (TFC), $, AVG. FIXED COSTS / KM, $], [TOTAL VARIABLE COSTS (TVC), $, AVG. VARIABLE COSTS / KM, $<], [ TOTAL COSTS (TC), vdots,AVG. TOTAL COSTS/KM, $=]] Eliza Kizzo is considering purchasing a new car. The price of the car is $30000. and Eliza hopes to keep it 8 years and then sell it for $/700. Based on past expenence, Elza drives about 13.000 km per year and lives in a downtown apartment where they must pay a $56 per month parking for Eliza has budgeted the following automobile expense items for the next years Expense Gasoline(11L Per 100KMX$1.48 Per Liter) Licence Registration Maintenance Tires ($1310 per set that last 57000KM) Parking (96 Months) Interest Depreciation (STRAIGHT LINE) Cost Fixed/Variable Vanable 5/19 Fixed $4427 Fixed $5200 Vanable $ Variable $5376 $2630 Fixed Fixed Iixed CALCULATE THE FOLLOWING USING THE ABOVE INFORMATION: TOTAL KMS TOTAL FIXED COSTS (TFC) TOTAL VARIABLE COSTS (TVC) TOTAL COSTS (TC) $ $ AVG FIXED COSTS/KM AVG VARIABLE COSTS/KM AVG TOTAL COSTS/KM 104000KM

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
Related questions
Question
None
where they must pay a $56 per month parking fee. Eliza has budgeted the following automobile expense items for the
next 8 years: \table[[Expense, Cost,Fixed/Variable], [Gasoline(11L Per 100KM)($1.48 Per Liter), S, Variable],[Licence/
Registration, $749, Fixed], [Insurance, $4427, Fixed], [Maintenance, $5200, Variable]. [Tires ($1310 per set that last 57000KM
), S, Variable],[Parking (96 Months), $5376, Fixed], [Interest, $2630, Fixed], [Depreciation (STRAIGHT LINE), S, Fixed]]
CALCULATE THE FOLLOWING USING THE ABOVE INFORMATION: \table[[,, TOTAL KMS, 104000KM], [TOTAL FIXED
COSTS (TFC), $, AVG. FIXED COSTS / KM, $], [TOTAL VARIABLE COSTS (TVC), $, AVG. VARIABLE COSTS / KM, $<], [
TOTAL COSTS (TC), vdots,AVG. TOTAL COSTS/KM, $=]]
Eliza Kizzo is considering purchasing a new car. The price of the car is $30000. and Eliza hopes to keep it 8 years and then sell it for $/700. Based on past expenence, Elza drives about 13.000 km per year and lives in a downtown apartment
where they must pay a $56 per month parking for Eliza has budgeted the following automobile expense items for the next years
Expense
Gasoline(11L Per 100KMX$1.48 Per Liter)
Licence Registration
Maintenance
Tires ($1310 per set that last 57000KM)
Parking (96 Months)
Interest
Depreciation (STRAIGHT LINE)
Cost
Fixed/Variable
Vanable
5/19
Fixed
$4427
Fixed
$5200
Vanable
$
Variable
$5376
$2630
Fixed
Fixed
Iixed
CALCULATE THE FOLLOWING USING THE ABOVE INFORMATION:
TOTAL KMS
TOTAL FIXED COSTS (TFC)
TOTAL VARIABLE COSTS (TVC)
TOTAL COSTS (TC)
$
$
AVG FIXED COSTS/KM
AVG VARIABLE COSTS/KM
AVG TOTAL COSTS/KM
104000KM
Transcribed Image Text:where they must pay a $56 per month parking fee. Eliza has budgeted the following automobile expense items for the next 8 years: \table[[Expense, Cost,Fixed/Variable], [Gasoline(11L Per 100KM)($1.48 Per Liter), S, Variable],[Licence/ Registration, $749, Fixed], [Insurance, $4427, Fixed], [Maintenance, $5200, Variable]. [Tires ($1310 per set that last 57000KM ), S, Variable],[Parking (96 Months), $5376, Fixed], [Interest, $2630, Fixed], [Depreciation (STRAIGHT LINE), S, Fixed]] CALCULATE THE FOLLOWING USING THE ABOVE INFORMATION: \table[[,, TOTAL KMS, 104000KM], [TOTAL FIXED COSTS (TFC), $, AVG. FIXED COSTS / KM, $], [TOTAL VARIABLE COSTS (TVC), $, AVG. VARIABLE COSTS / KM, $<], [ TOTAL COSTS (TC), vdots,AVG. TOTAL COSTS/KM, $=]] Eliza Kizzo is considering purchasing a new car. The price of the car is $30000. and Eliza hopes to keep it 8 years and then sell it for $/700. Based on past expenence, Elza drives about 13.000 km per year and lives in a downtown apartment where they must pay a $56 per month parking for Eliza has budgeted the following automobile expense items for the next years Expense Gasoline(11L Per 100KMX$1.48 Per Liter) Licence Registration Maintenance Tires ($1310 per set that last 57000KM) Parking (96 Months) Interest Depreciation (STRAIGHT LINE) Cost Fixed/Variable Vanable 5/19 Fixed $4427 Fixed $5200 Vanable $ Variable $5376 $2630 Fixed Fixed Iixed CALCULATE THE FOLLOWING USING THE ABOVE INFORMATION: TOTAL KMS TOTAL FIXED COSTS (TFC) TOTAL VARIABLE COSTS (TVC) TOTAL COSTS (TC) $ $ AVG FIXED COSTS/KM AVG VARIABLE COSTS/KM AVG TOTAL COSTS/KM 104000KM
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education