The Monthly Charge for Water in a Small Town Is

question 47

Multiple Choice

The monthly charge for water in a small town is given by , where x is water usage in hundreds of gallons and f (x) is cost in dollars. Find the monthly charge for 1900 gallons and for 2600 gallons. Round your answers to the nearest cent. ​

• A)charge for 1900 gallons is $36.00 charge for 2600 gallons is $38.40
• B)charge for 1900 gallons is $788.00 charge for 2600 gallons is $1068.00
• C)charge for 1900 gallons is $36.00 charge for 2600 gallons is $46.40
• D)charge for 1900 gallons is $38.40 charge for 2600 gallons is $46.40
• E)charge for 1900 gallons is $36.00 charge for 2600 gallons is $74.40

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Definitions:

Book Value

The value of a company's assets as recorded in its financial statements, minus the company's total liabilities and intangible assets such as goodwill.

Goodwill

An intangible asset that arises when a buyer acquires an existing business and pays a price higher than the fair value of the identifiable tangible and intangible assets.

Merger Transaction

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Accounts Payable

Liabilities owed by a company to creditors or suppliers for goods and services received but not yet paid for.