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4 years ago

What is an e-ticket used for

1 answer:

8 0

Electronic Ticket-
It's a digital ticket. Usually referred to as travel card or transmit pass. Electronic Ticketing for urban or rail public transport. It is also used in ticketing in the entertainment industry.

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How does a supply curve differ from a demand curve and how is the different related to increases in price

Rufina [12.5K]

Answer:

A demand schedule is a table that shows the quantity demanded at different prices in the market. A demand curve shows the relationship between quantity demanded and price in a given market on a graph. ... A supply curve shows the relationship between quantity supplied and price on a graph.

4 0

3 years ago

Franklin Co. had 10 units of an inventory item on hand at the beginning of the current year, each of which had a per-unit cost o

faltersainse [42]

Answer:

$55 and $100

Explanation:

The computation of the ending inventory is shown below:

Under the LIFO method

= Ending inventory units × purchase price

where,

Ending inventory units is

= 10 units + 20 units - 25 units

= 5 units

So, the ending inventory is

= 5 units × $11

= $55

Under the Average cost method

The average cost per unit is

= (Beginning inventory units × price per unit + purchase inventory units × price per unit) ÷ (Beginning inventory units + purchase inventory units)

= (10 units × $10 + 20 units × $25) ÷ (10 units + 20 units)

= ($100 + $500) ÷ (30 units)

= ($600) ÷ (30 units)

= $20 per unit

The ending inventory units is

= 10 units + 20 units - 25 units

= 5 units

So, the ending inventory is

= 5 units × $20

= $100

4 0

3 years ago

Stephen plans to purchase a car 5 years from now. The car will cost $43,011 at that time. Assume that Stephen can earn 7.11 perc

olga nikolaevna [1]

Answer:

$30,174.74

Explanation:

The computation of present value is shown below:-

Future value = Present value × (1 + Rate of interest ÷ 1200)^12 × time period

$43,011 = Present value × (1 + 7.11 ÷ (12 × 100)^(12 × 5)

$43,011 = Present value × (1 + 7.11 ÷ 1,200)^60

$43,011 = Present value × (1 + 0.005925 )^60

Present value = $43,011 ÷ (1 + 0.005925 )^60

= $43,011 ÷ (1.005925 )^60

= $43,011 ÷ 1.425397857

= $30,174.73317

= $30,174.74

Therefore for computing the present value we simply applied the above formula.

We also attached the spreadsheet for better understanding

In compounded monthly, the interest rate is divided by 12 months and the time period is multiplied by 12 months and the same is to be considered

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

Coverall, Inc., an insurance company, recently moved into the motorcycle insurance market. Coverall was concerned that the most

Naily [24]

Answer:

It is a result of adverse selection

Explanation:

The economic problem in this story is adverse selection. As in this the person who take the insurance drive uselessly and carelessly . In Coverall, Inc., an insurance company's case insurance company increases premium amount in order to cover this type of customer. It is a result of adverse selection.

4 0

3 years ago