The Driver of an Automobile Leaves Home and Travels Due

question 486

Short Answer

The driver of an automobile leaves home and travels due east 8 miles. Turning right at an intersection, he drives due south a distance of 6 miles. How far is the driver from home?

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Definitions:

Fixed Expenses

Fixed expenses are costs that do not change in the short term regardless of the level of production or sales, such as rent, salaries, and insurance premiums.

Margin Of Safety

The excess of budgeted (or actual) dollar sales over the break-even dollar sales.

Variable Expenses

Expenses that fluctuate based on the level of a company's operations.

Fixed Expenses

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.