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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

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In Marigold Company, Treasury Stock increased $20600 from a cash purchase, and Retained Earnings increased $80400 as a result of
-Dominant- [34]

Net cash used by financing activities is C) $60100.

Financing activities encompass transactions regarding debt, fairness, and dividends. Debt and fairness financing are pondered in the cash float from the financing section, which varies with the different capital systems, dividend guidelines, or debt terms that agencies may additionally have.

Financing activities encompass cash sports related to noncurrent liabilities and proprietors' equity. Noncurrent liabilities and owners' fairness items consist of (1) the essential quantity of lengthy-term debt, (2) stock sales and repurchases, and (3) dividend bills.

Financing activities examples consist of the issuance of shares and bonds, borrowing a loan, servicing debt, shopping for returned shares, and so on. due to the fact those sports directly have an effect on an organization's capital shape, analysts and investors use this as a crucial indicator of a business enterprise's monetary health.

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6 0
2 years ago
Bramble Corp. incurs the following costs to produce 13000 units of a subcomponent: Direct materials $10920 Direct labor 14690 Va
Mumz [18]

Answer:

$4,850

Explanation:

The computation is shown below:

Total cost when the production is 13,000 units

Direct materials $10,920

Direct labor $14,690

Variable overhead $16,380

Total $41,900

And, the other case

Their new cost on supplier offer is

= $2.85 × 13,000 units

= $37,050

In the case when the order is accepted So the net income would increased by

= $41,900 - $37,050

= $4,850

7 0
3 years ago
What is the the top 3 collages in the United States?
Maurinko [17]
So there are more then 3, but I'm gonna slide a fourth one in..

1.<span>Princeton University
2.</span><span>Harvard University
3.</span><span>Yale University
------------------------
4.</span><span>Columbia University

These University's are the best in the US.
</span>
5 0
4 years ago
Read 2 more answers
What is the periodicity assumption?a. None of theseb. Companies should match expenses with revenuesc. Companies should recognize
Misha Larkins [42]

Answer: The economic life of a business can be divided into artificial time periods.

Explanation: As per the principal of continuity the existence of a company is perpetual thus to report the performance of the company to the stakeholders the existence of such company is divided into smaller periods and this method is termed as periodicity assumption.

8 0
3 years ago
Polk Products is considering an investment project with the following cash flows:
Andrei [34K]

Answer:

b. 1.86 years

Explanation:

The computation of the project's discounted payback is shown below:-

Year   Cash Flows      Discounted CFs (at 10%)        Cumulative

 

                                                                                Discounted CFs

0        -$100,000           -$100,000                          -$100,000

1          $40,000              $36,363.64                       -$63,636.36

2          $90,000              $74,380.17                        $10,743.80

3          $30,000               $22,539.44                      $33,283.25

4          $60,000               $40,980.81                      $74,264.05

Discounted Payback Period = Years before full recovery +

(Uncovered Cost at start of the year ÷ Cash Flow during the year)

Now we will put the values into the formula

= 1 + ($63,636.36 ÷ $74,380.17)

= 1 + 0.86

= 1.86 years

6 0
4 years ago
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