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Irina-Kira [14]
3 years ago
8

Yankee Tours provide seven-day guided tours along the New England coast. The company pays its guides a total of $100,000 per yea

r. The average cost of supplies, lodging and food per customer is $500. The company expects a total of 500 customers during the period January through June, and a total of 1,500 customers from July through December. Yankee wants to earn $100 income per customer. For promotional reasons the company desires to charge the same price throughout the year. Based on this information, what is the correct price per customer? (Round to nearest dollar.)
Business
1 answer:
VLD [36.1K]3 years ago
7 0

Answer:

The correct price per customer is $650

Explanation:

The computation of the correct price is shown below:

= Fixed cost + expected number of customers + net income per customer

where,

Fixed cost per customer = Total cost ÷ (total customers + expected customers)

                = $100,000 ÷ (1,500 + 500)

                = $50

The other values would remain the same

Now put these values to the above formula  

So, the value would equal to

= $50 + $500 + $100

= $650 per customer

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FromTheMoon [43]

Answer:

The correct option is A, stock dividends and stock splits

Explanation:

Stock dividends refers to paying dividends by issuing more shares to shareholders instead of paying in cash which may  be required to fund investment projects,since it increases the number of shares overall, it requires  re-computation of weighted average number of shares.

Stock splits means splitting the current number of shares into multiples in order to reduce the price per share making it affordable to investors,hence the number of weighted average shares is also impacted.

8 0
3 years ago
In pursing its own interest, an oligopoly firm will decide to increase production by 1 unit as long as
tamaranim1 [39]

In pursing its own interest, an oligopoly firm will decide to increase production by 1 unit as long as the output effect is larger than the price effect. An oligopoly happens when there is limited competition because there are only a small number of producers or sellers in the market. Due to limited competition there is no need for most of these businesses to produce more unless the output is going to produce more and become sustainable for their consumers demand.

7 0
3 years ago
President Obama praised Cumberland Farms, a convenience store chain based in Framingham, Massachusetts, for empowering its emplo
Elina [12.6K]

Answer:

A) Communicate regularly about the firm’s progress toward meeting its strategic objectives as well as the threats and weaknesses that pose challenges.

D) Adopt a compensation plan that pays employees more when the company meets its goals.

Explanation:

If Cumberland Farms wanted to take other actions to empower its workforce, they should consider communicate regularly about the firm’s progress toward meeting its strategic objectives as well as the threats and weaknesses that pose challenges. this will allow employees to have a better idea of the company and can make better decisions.

They must also adopt a compensation plan that pays employees more when the company meets its goals which would motivate employees to make decisions that would benefit the company and work harder.

5 0
4 years ago
What does George’s master decide to do? Make George do field work March George across the country Help George become a gentleman
prohojiy [21]

Based on the events in the book, we know that George's master made George do field work.

This is from the book, Uncle Tom's Cabin.

<h3>What happens in Uncle Tom's Cabin?</h3>

George's master did not believe that George should be engaging in doing much else apart from working for him as he was his enslaved person.

He would therefore follow George to whatever activity he would be doing that wasn't field work to drag him back to the house to engage in field work.

In conclusion, option A is correct.

Find out more on Uncle Tom's Cabin at brainly.com/question/1623971.

6 0
3 years ago
You expect KT Industries (KTI) will have earnings per share of $5 this year and expect that they will pay out $1.25 of these ear
sleet_krkn [62]

Answer:

9.75%

Explanation:

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DPS = Dividend per share  $1.25

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Therefore, the expected growth rate for KTI's dividend is closest to 9.75%

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