Question

mechs assets ($)genmechs net assets ($)mechs liabilities ($)remonts assets ($)fremonts net assets ($)fremonts liabilities ($)total net assets ($)problem 2: the pampered poodle dog grooming salon is moving locations. arrange the steps needed to find the total cost of the move.cost per hour of labor ($/hour)total labor costs ($)number of hours (hours)total cost ($)total labor costs ($)cost of truck rental ($)total non - labor costs ($)

Explanation:

Step1: Calculate GenMech net assets

$\text{GenMech's net assets} = \text{GenMech's assets} - \text{GenMech's liabilities}$

Step2: Calculate Fremont net assets

$\text{Fremont's net assets} = \text{Fremont's assets} - \text{Fremont's liabilities}$

Step3: Calculate total net assets

$\text{total net assets} = \text{GenMech's net assets} + \text{Fremont's net assets}$

Step4: Calculate total labor costs

$\text{total labor costs} = \text{cost per hour of labor} \times \text{number of hours}$

Step5: Calculate truck rental cost

$\text{cost of truck rental} = \text{total non-labor costs}$

Step6: Calculate total move cost

$\text{total cost} = \text{total labor costs} + \text{cost of truck rental}$

Answer:

For total net assets:

1. Compute GenMech's net assets: $\text{GenMech's net assets} = \text{GenMech's assets} - \text{GenMech's liabilities}$
2. Compute Fremont's net assets: $\text{Fremont's net assets} = \text{Fremont's assets} - \text{Fremont's liabilities}$
3. Compute total net assets: $\text{total net assets} = \text{GenMech's net assets} + \text{Fremont's net assets}$

For total move cost:

1. Compute total labor costs: $\text{total labor costs} = \text{cost per hour of labor} \times \text{number of hours}$
2. Define truck rental cost: $\text{cost of truck rental} = \text{total non-labor costs}$
3. Compute total cost: $\text{total cost} = \text{total labor costs} + \text{cost of truck rental}$