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
icang [17]
3 years ago
5

Despite having sufficient snow, a local ski mountain has decided to close in early march for the end of the ski season. what is

the most likely reason to shut down in this situation
Business
1 answer:
RSB [31]3 years ago
7 0
<span>Most Ski resorts will try to extend the ski season as long as possible. This is because they are only going to earn money if they are open for business. In this case, the ski mountain is closing early in March instead of waiting until a more traditional time of year, probably late spring. While there may be a few reasons why the ski mountain might chose to close early even though there is sufficient snow this year, it is likely that this is a financial decision. If the ski mountain is not able to turn a profit, that is the most likely reason they will shut down early. If it is costing more to the keep the resort open then they can earn by staying open a few more weeks, then it would make sence to just shut down early.</span>
You might be interested in
When an organization has employees of different backgrounds and skill sets, it has greater and will be better than monocultural
creativ13 [48]

N.B: I don't understand your question fully and neither can i find the complete question anywhere on the internet so im going to answer this sentence and hope it helps you.

Answer:

True

Explanation:

When a company has employees from different backgrounds and with different skills set, it helps the company come up with a lot of innovations that cuts across different cultures, thereby expanding their own range of services and/or goods. Also it helps in problem solving as each employee can come to the table with various ways of solving a problem.

This situation can be called diversity of thoughts.

Cheers.

7 0
3 years ago
Logistics Company had the following items listed in its trial balance at 12/31/2018: Balance in checking account, Bank of the Ea
Elena L [17]

Answer: $352,000

Explanation:

The information needed to calculate the cash and cash equivalent are:

Balance in checking account, Bank of the East = $ 382,000

The restricted cash included in the checking account = $49,000

Treasury bills = $19,000

We subtract the restricted cash from the balance in the checking account and then add it to the treasury bills. This will be:

= ($382,000 - $49,000) + $19,000

= $333,000 + $19,000

= $352,000

4 0
3 years ago
Phillips Equipment has 80,000 bonds outstanding that are selling at par. Bonds with similar characteristics are yielding 7.5%. T
ollegr [7]

Answer:

A) 10.15%

Explanation:

Cost of equity (Re) = 14.06% or 0.1406

cost of preferred stock (Rp) = 7/65 = 0.10769

cost of bonds (Rb) = 7.5% or 0.075

 outstanding shares = 2.5 million shares x $42 = $105 million

bonds outstanding = $1,000 x 80,000 bonds = $80 million

preferred stock = $65 x 750,000 = $48.75 million

corporate tax rate = 38% or 0.38

total market value of equity + debt (in millions) = $105 + $48.75 + $80 = $233.75

WACC = [(outstanding shares / total market value) x Re] + [(preferred stock / total market value) x Rp] + {[(bonds outstanding / total market value) x Rb] x (1 - tax rate)}

WACC = [($105m / $233.75m) x 0.1406] + [($48.75m / $233.75m) x 0.10769] + {[($80m / $233.75m) x 0.075] x (1 - 0.38)}

WACC = 0.06316 + 0.02246 + 0.01591 = 0.10153 or 10.15%

6 0
3 years ago
On August 31, Planar Corp. exchanged 100,000 shares of its $40 par value common stock for all of the net assets of Sistrock Co.
vlada-n [284]

Answer:

$7,200,000

Explanation:

Calculation to determine At what amount should Planar record the acquisition of Sistrock's net assets

Using this formula

Acquisition of Sistrock's net assets =(Shares of common stock issued ×Common stock fair value per share

Let plug in the formula

Acquisition of Sistrock's net assets=100,000*$72

Acquisition of Sistrock's net assets=$7,200,000

Therefore the amount that Planar should record the acquisition of Sistrock's net assets is $7,200,000

3 0
3 years ago
At work, no one can find the digital version of a 20-page document that needs to be revised. you save the day by using a scanner
VladimirAG [237]
The answer to this question is scanning software.
In order to transform a paper document into a digital form, you need both scanning hardware and scanning software.
Scanning software will transform the document into bits and usually will give some features such as enlarging the image, change some part of the text, etc.
6 0
4 years ago
Read 2 more answers
Other questions:
  • Computer Consultants Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the pr
    9·1 answer
  • Replenishment lead time is _________.a. The time between placing an order and receiving the materials. b. The amount of time the
    9·1 answer
  • Classify the following topics as relating to microeconomics or microeconomics.
    13·1 answer
  • With respect to competitive advantages, many see __________ as the most important asset that an organization can possess, as it
    6·1 answer
  • At dana's new business he's running into problems with employees who don't want to change procedures or do things his way this c
    6·1 answer
  • A new public works project requires 20,000 hours of labor to complete. a. Suppose the labor market is perfectly competitive and
    14·1 answer
  • When it comes to investing, what is the typical relationship between risk and return
    5·2 answers
  • Please help im on a timer
    7·1 answer
  • What factors do you think are most important to luxury buyers?
    5·1 answer
  • How does adaptability assist a school leaver to become a successful business owner
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!