An example of financial irresponsibility is driving without car insurance organizing financial documents paying bills on time shopping wisely user: john looks at his budget and notices that, because of additional expenses this month, he will be unable to pay all of his bills. he is thinking about getting a cash advance but isn���t sure. what should john do? ask his friends for advice. go for it. get a cash advance. find reliable and relevant information, or possibly visit a

Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)