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Diano4ka-milaya [45]
3 years ago
7

At BCD car wash, when a customer arrives, he or she first checks in with a receptionist and then leaves the car to one of severa

l car washers. While the customer is waiting for the car to be washed, he or she proceeds to pay at the cash register. After the payment, the customer returns to his/her car when it is done and then leaves. On average, reception takes 3 minutes. Car wash takes 5 minutes. Paying at the cash register takes 4 minutes. Returning to car and leaving requires 2 minutes. Currently, the car wash employs 1 receptionist, 2 cash registers and 3 car washers. What is the theoretical flow time (in minutes) of the process?
Business
1 answer:
Dimas [21]3 years ago
5 0

Answer:

10 minutes

Explanation:

Data provided in the question

Reception taking time = 3 minutes

Car wash taking time = 5 minutes

Paying the cash register taking time = 4 minutes

Returning to car and leaving taking time = 2 minutes

So, the theoretical flow time in minutes is

= Reception taking time + maximum time of car wash and paying the cash register + returning to car and leaving taking time

= 3 minutes + 5 minutes + 2 minutes

= 10 minutes

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irina1246 [14]

Answer:

$22,175.40

Explanation:

For this question, we use the Future value formula that is shown on the attachment below:

Provided that,  

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PMT = $1,500

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the future value is $22,175.40

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2 years ago
What is a major factor in the decline of some occupations, such as those in the textiles and clothing industries?
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3 years ago
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Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.
kirza4 [7]

Answer:

$10.08

Explanation:

First, find dividend per year;

D3 = 0.50

D4 = 0.50(1.35) = 0.675

D5 = 0.675 (1.35 ) = 0.9113

D6 = 0.9113 (1.07) = 0.9751

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PV (of D3) = 0.50/(1.13^3) = 0.3465

PV (of D4) = 0.675/(1.13^4) = 0.4140

PV (of D5) = 0.9113/(1.13^5) = 0.4946

PV (of D6) = \frac{\frac{0.9751}{0.13-0.07} }{1.13^{5} } \\ \\ = \frac{16.2517}{1.8424}

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8 0
3 years ago
The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. If Burkett Corporation achi
nata0808 [166]

Answer:

Margin Of Safety= $275,862

Explanation:

We can calculate the margin of safety easily by the formula given below

Formula: Margin of safety = Budgeted sales - Breakeven sales

As breakeven sales are not given in the data Firstly we need to find out break even sales in order to calculate margin of safety

Breakeven sales=  \frac{Total fixed cost}{Contribution margin ratio}

As you can see in the data fixed cost s given but contribution margin ratio is not

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Sales price per unit=  $1,000,000/50,000 = $20

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Contribution margin ratio = Budgeted contribution margin per unit/Sales price per unit

Contribution margin ratio = $5.80/$20 = 29%

Lets put values in breakeven formula to find breakeven sales

Breakeven sales=  \frac{Total fixed cost}{Contribution margin ratio}

Breakeven sales=\frac{210000}{0.29}

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Now we have both budgeted sales and breakeven sales, we can  easily calculate e of safety

Margin of safety = $1,000,000- $724,138

Margin of safety = $275,862

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