Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. an investor seeks to establish a gas station on th

An investor seeks to establish a gas station on the road between the cities of...

60.1K

Verified Solution

Question

Accounting

An investor seeks to establish a gas station on the road between the cities of nablus and Ramallah , If you know that the number of vehicles crossing the road daily in front of the proposed station is 150 vehicles. The rate of vehicles stopping at the station is 40%, of which 30% is for diesel. The average daily consumption of vehicles of gasoline is 15 liters, and diesel is 10 liters. The number of annual work days is 360 working days. Required: Estimate the expected demand for gasoline and diesel for the next three years, if you know that the rate of increase in the number of vehicles is 2% annually.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What happens to the cardiovascular system and associated organs during Acute Coronary Syndrome? What is happening to...

Medical Sciences
Q

Learning Group Problem Chp 9, problem 1. 1. Given the following information, elucidate the structures of compounds...

Chemistry
Q

In what ways do advertisers in magazines use sexual imagery to appeal to youth? One study...

Statistics
Q

Last year, a sailboard company produced two types of boards: a regular board for multi-purpose sailing;...

Accounting
Q

Angle of prism is A and its one surface is silvered Light rays falling at...

Physics
Q

Triangles ABC and DEF are shown in the graph 8 6 20 B 3F Which...

Geometry
Q

State the identity that validate sin x = 3 cos(x-?/3) and hence show thattan x...

Algebra
Q

FIFO and LIFO costs under perpetual inventory system . The following units of an item...

Accounting
Q

P7.6B (LO 2,3) (Journalize Various Accounts Receivable Transactions) The balance sheet of Clemons Company at...

Accounting
Q

Problem 8-2A Establishing, reimbursing, and adjusting petty cash LO P2 Kiona Co. set up a...

Accounting
Q

Required information [The following information applies to the questions displayed below.]...

Accounting
Q

Radagast Inc. has 1 million common shares outstanding, with each share priced at $12. The...

Finance