Problem 6A-4 (Algo)How many miles must he drive to break even?
Aldo Redondo drives his own car on company business. His employer reimburses him for such travel at the rate of 42 cents per mile. Aldo estimates that his fixed costs per year such as taxes, insurance, and depreciation are $2,400. The direct or variable costs such as gas, oil, and maintenance average about 17.0 cents per mile.
(Do not round intermediate calculations. Round your final answer to the nearest integer.)
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The post Problem 6A-4 (Algo)How many miles must he drive to break even? Aldo Redondo drives his own car on company business. His employer reimburses him for such travel at the rate of 42 cents per mile. Aldo estimates that his fixed costs per year such as taxes, insurance, and depreciation are $2,400. The direct or variable costs such as gas, oil, and maintenance average about 17.0 cents per mile. (Do not round intermediate calculations. Round your final answer to the nearest integer.) appeared first on Superb Professors.
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