Question
Ex. Assume a person uses Priceline.com to bid $100 on a rental car for one week. The average rental rate for one week is
Ex. Assume a person uses Priceline.com to bid $100 on a rental car for one week. The average rental rate for one week is $250. Assume that Hertz rental car has excess capacity for that week. The fully allocated cost per car per week is assumed from Hertz records as follows: Gas Refill $60 Office depreciation expense $50 Car Wash for rental $7 Cost of desk staff $15 Total cost per car per week $132 Should Hertz accept the bid for the week at the price of $100? ACCEPT revenue cast harto on sinus app NI REJECT
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Get StartedRecommended Textbook for
Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
133060411, 132805669, 9780133060416, 978-0132805667
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