The Distance That a Bus Can Go Without Refueling Varies

question 51

Multiple Choice

The distance that a bus can go without refueling varies directly with the number of gallons of gasoline in the tank. If the bus can go 247 miles on a full tank of gas (13 gallons) , how far can it go on 8 gallons of gas?

• A) 152 miles
• B) 161 miles
• C) 133 miles
• D) 157 miles
• E) none of these

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Definitions:

Merchandising Company

A business that purchases finished products and resells them to consumers without further production.

Net Income

The net income a company earns once all costs and taxes are subtracted from its total revenue.

Contribution Margin

This measure reflects the amount of revenue per unit that exceeds the variable costs of the unit, contributing to covering fixed costs and generating profit.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, ending with net profit or loss.