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Jill and Frank decided to take a long weekend in New York. City Hotel has a special getaway weekend for $79.95. The price is per person per night, based on double occupancy. The hotel has a minimum two-night stay. For this price, Jill and Frank will receive $50 credit toward their dinners at City's Skylight Restaurant. Also included in the package is a $3.99 credit per person toward breakfast for two each morning. Since Jill and Frank do not own a car, they plan to rent a car. The car rental agency charges $19.95 a day with an additional charge of $.22 a mile and $1.19 per gallon of gas used. The gas tank holds 24 gallons. From the following facts, calculate the total expenses of Jill and Frank (round all answers to nearest hundredth or cent as appropriate). Assume no taxes. Car rental (2 days): Beginning odometer reading Ending odometer reading Beginning gas tank: 3/4 full Gas tank on return: 1/2 full Tank holds 24 gallons Total expenses 4,820 4,940 Dinner cost at Skylight Breakfast for two: Morning No. 1 Morning No. 2 Hotel room $182.12 24.17 26.88 $79.95

Jill and Frank decided to take a long weekend in New York. City Hotel has a special getaway weekend for $79.95. The price is per person per night, based on double occupancy. The hotel has a minimum two-night stay. For this price, Jill and Frank will receive $50 credit toward their dinners at City's Skylight Restaurant. Also included in the package is a $3.99 credit per person toward breakfast for two each morning. Since Jill and Frank do not own a car, they plan to rent a car. The car rental agency charges $19.95 a day with an additional charge of $.22 a mile and $1.19 per gallon of gas used. The gas tank holds 24 gallons. From the following facts, calculate the total expenses of Jill and Frank (round all answers to nearest hundredth or cent as appropriate). Assume no taxes. Car rental (2 days): Beginning odometer reading Ending odometer reading Beginning gas tank: 3/4 full Gas tank on return: 1/2 full Tank holds 24 gallons Total expenses 4,820 4,940 Dinner cost at Skylight Breakfast for two: Morning No. 1 Morning No. 2 Hotel room $182.12 24.17 26.88 $79.95

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Jill and Frank decided to take a long weekend in New York. City Hotel has a special getaway weekend for $79.95. The price is per person per night, based on double occupancy. The hotel has a minimum two-night stay. For this price, Jill and Frank will receive $50 credit toward their dinners at City's Skylight Restaurant. Also included in the package is a $3.99 credit per person toward breakfast for two each morning. Since Jill and Frank do not own a car, they plan to rent a car. The car rental agency charges $19.95 a day with an additional charge of $.22 a mile and $1.19 per gallon of gas used. The gas tank holds 24 gallons. From the following facts, calculate the total expenses of Jill and Frank (round all answers to nearest hundredth or cent as appropriate). Assume no taxes. Car rental (2 days): Beginning odometer reading Ending odometer reading Beginning gas tank: 3/4 full Gas tank on return: 1/2 full Tank holds 24 gallons Total expenses 4,820 4,940 Dinner cost at Skylight Breakfast for two: Morning No. 1 Morning No. 2 Hotel room $182.12 24.17 26.88 $79.95
Transcribed Image Text:Jill and Frank decided to take a long weekend in New York. City Hotel has a special getaway weekend for $79.95. The price is per person per night, based on double occupancy. The hotel has a minimum two-night stay. For this price, Jill and Frank will receive $50 credit toward their dinners at City's Skylight Restaurant. Also included in the package is a $3.99 credit per person toward breakfast for two each morning. Since Jill and Frank do not own a car, they plan to rent a car. The car rental agency charges $19.95 a day with an additional charge of $.22 a mile and $1.19 per gallon of gas used. The gas tank holds 24 gallons. From the following facts, calculate the total expenses of Jill and Frank (round all answers to nearest hundredth or cent as appropriate). Assume no taxes. Car rental (2 days): Beginning odometer reading Ending odometer reading Beginning gas tank: 3/4 full Gas tank on return: 1/2 full Tank holds 24 gallons Total expenses 4,820 4,940 Dinner cost at Skylight Breakfast for two: Morning No. 1 Morning No. 2 Hotel room $182.12 24.17 26.88 $79.95
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