Use the Following to Answer Questions

question 97

Short Answer

Use the following to answer questions :
A car rental company charges a flat fee of $21.50 and an hourly charge of $14.50. This means that cost is a function of the hours the car is rented plus the flat fee.
-Write this relationship in equation form.

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Definitions:

Investment

The allocation of resources, usually money, into assets or endeavors expected to generate income or profit over time.

Purchase Consideration

The total value transferred by an acquirer to purchase another company, including cash, securities, and other assets or liabilities undertaken.

NCI

Non-Controlling Interest, which represents the portion of equity in a subsidiary not owned by the parent company, showing the equity interest of minority shareholders.

Shareholders

Individuals or entities that own shares in a corporation, thereby having ownership in and potential financial claim on its assets and earnings.