1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anna007 [38]
2 years ago
7

Leon is a rock climbing enthusiast, and is considering getting a membership at a new rock climbing gym. today, leon climbs at a

different gym where on a weekly basis, it costs him $18 per climb for the first three climbs, $8 per climb for the next three climbs, and $5 per climb for any subsequent climbs that week. the cost of the membership at the new gym is $25 a week, regardless of how many times leon climbs at the gym. the new gym leon is considering would also require a locker rental fee of $8 per climb. leon knows that based on the amount he climbs today (approximately 4x per week), it makes more financial sense to move to the membership, however he wants to understand what might happen if he changes his climbing frequency. when will it no longer make financial sense for leon to move to the membership option?
Business
1 answer:
malfutka [58]2 years ago
7 0

The correct option is C. If he climbs less than three times a week and more than six times a week that make no longer make financial sense for Leon to move to the membership option.

<h3>What is a Membership service?</h3>

Assisting Enrollees in comprehending CONTRACTOR policies and practices, facilitating referrals to participating specialists, and assisting in the resolution of issues and member complaints are all examples of what is meant by member services.

The complete question is given in the file attached below

Given,

Calculation of Under non-membership according to correct options

Assume If he climb 8 times in week = 3x18 + 3 x 8 + 2 x 5  =$88

Calculation of Under membership

Assume if he climb 8 times in week = $25 + 8 x 8 =$89

Thus, the difference between membership and non-member is $1.

Learn more about membership service here:

brainly.com/question/22407767

#SPJ1

You might be interested in
Western Company is preparing a cash budget for June. The company has $12,000 in cash at the beginning of June and anticipates $3
sveta [45]

Answer:

Borrowing require = $2,500

so correct option is d.Borrow $2,500

Explanation:

given data

cash at beginning = $12,000

cash receipts anticipates = $30,000

cash payments = $34,500

minimum cash balance = $10,000

required  balance = $10,000

to find out

To maintain the $10,000 required balance

solution

we get here cash at the end of the year that is

cash at the end of the year = Beginning cash balance + Cash Receipts - cash payments  .................1

cash at the end of the year = $12000 + $30000 - $34500

cash at the end of the year = $7500

and

we know minimum cash balance maintained is $10,000

so Borrowing require is here as

Borrowing require = $10000 - $7500

Borrowing require = $2,500

so correct option is d.Borrow $2,500

7 0
3 years ago
Krell Industries has a share price of $ 22.77 today. If Krell is expected to pay a dividend of $ 1.09 this year and its stock pr
hoa [83]

Answer:

Dividend yield is 4.79%

Cost of equity is 11.64%

Explanation:

The dividend yield on Krell Industries share price is the dividend of $1.09 divided by the price of the share today of $22.77

dividend yield=$1.09/$22.77=4.79%

The equity cost of capital can be calculated from the share price formula given below by changing the subject of the formula to cost of equity,r.

stock price=Do*(1+g)/r-g

Do is the dividend  paid this year of $1.09

g is the dividend growth of dividend which is computed thus:

g=share price at end of the year-share price now/share price now

g=($24.33-$22.77)/$22.77=6.85%

r is the unknown

stock price is $24.33

24.33=1.09*(1+6.85%)/(r-6.85%)

24.33=1.164665 /r-6.85%

r=(1.164665 /24.33)+6.85%

r=11.64%

3 0
4 years ago
Fruit Juicy, a natural fruit juice company, relies heavily on consumer advertising, publicity and product sampling. These elemen
inna [77]

Answer:

The correct answer is

b.promotion mix.

good luck ❤

4 0
3 years ago
According to economists, gift registries, returning gifts for cash refunds, and "recycling gifts" multiple choice increase the e
valentina_108 [34]

A) increase the efficiency of gift-giving because they allow the recipient to consume goods that provide greater utility and transfer away those goods that are less satisfying.

Utility is the satisfaction that a consumer gets from a good or service, and picking the items that they want themselves provides the best efficiency of choosing goods.

5 0
3 years ago
Dell Computers would like to borrow pounds, and Virgin Airlines wants to borrow dollars. Because Dell is better known in the Uni
Alex73 [517]

Answer:

Explanation:

                        USD GBP        Prefers

Dell                     7           9         GBP

Virgin Airlines    8          8.5        USD

In a swap exchange Party A will have a relative preferred position in one money and Party B will have a bit of leeway in the other cash. For this situation Dell has a similar bit of leeway in USD getting rate and Virgin has a preferred position in GBP acquiring rate.  

Additionally note that dependent on the FICO assessments of the organization the acquiring rate will vary pulling in parties for a swap exchange.

Virgin would borrow £10 million for two years and Dell would borrow $16 million for two years. The two companies would then swap their proceeds and payment streams. Then they enter into a swap agreement to exchange their cash flows to get their preferred currency rates with an interest rate mutually benefiting both the parties.

6 0
4 years ago
Read 2 more answers
Other questions:
  • At the executive board meeting, Elena presents her proposal to use nontraditional distribution channels.
    14·1 answer
  • Calculate the current balance on your checking account if the previous balance was $129.32. You wrote checks for $59.73 and $32.
    8·2 answers
  • Pizza Deluxe University is an in-house center and education facility that offers broad-based learning opportunities for employee
    13·1 answer
  • If a business using the specific identification method of inventory has two items on hand at $300 each and purchases four items
    10·1 answer
  • During the introduction stage of a product's life cycle, typical consumers are during the introduction stage of a product's life
    11·1 answer
  • Smith Taxi Service had the following information for the 160 customers served this month: Sales Revenue $13,000 Variable Costs 7
    15·1 answer
  • Suad Alwan, the purchasing agent for Dubai Airlines, is interested in determining what he can expect to pay for airplane number
    12·1 answer
  • Louis, an employee at Yoko Inc., had been notified of his termination from the company without sufficient justification. During
    12·1 answer
  • Another one.... TRUE OR FALSE<br><br>A debit is the same thing as a deposit.
    5·1 answer
  • Jim’s claim under Title VII is _____________.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!