Suppose That a Vending Machine Service Company Models Its Income

question 255

Multiple Choice

Suppose that a vending machine service company models its income by assuming that money flows continuously into the machines, with the annual rate of flow given by in thousands of dollars per year. Find the total income from the machines predicted by the model over the first 5 years. Round your answer to the nearest thousand dollars. ​

• A) $29,743,000
• B) $592,000
• C) $743,000
• D) $897,000
• E) $29,592,000

---

Definitions:

Supplies

Items and materials used in the daily operations of a business, often consumable and regularly replaced.

Prepaid Rent

An expense recorded before it is used, representing payment for rent that covers a future period, considered an asset on the balance sheet until the period to which it applies passes.

Salaries and Wages Expense

The total expense for a company from paying salaries and wages to its employees during a financial period, reflecting the cost of labor.

Salaries and Wages Payable

Liabilities arising from employees' salaries and wages that have been earned but not yet paid.