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uysha [10]
3 years ago
12

CodeDeskInc matches programmers with freelance jobs. It has 30 employees who staff its online chat room. It receives, on average

, 240 chat requests per hour, and the average chat session takes 5 minutes to complete (i.e., from start to finish). On average, how many chat sessions are active (i.e., started but not completed)?
Business
2 answers:
sergij07 [2.7K]3 years ago
6 0

Answer:

20 chats

Explanation:

20 chats are active on the average.

Solution below:

Employees = 30

Average chat request per hour = 240

Average chat session = 5 minutes

Using Littles law:

5 minutes x (240chats per hour / 60 minutes per hour)

= 5 minutes x 4

= 20 chats

On the average 20 chats per session are active

stira [4]3 years ago
5 0

Answer:

85 I think

Explanation:

30 divided by 240 80 plus 5 equals 85

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Suppose the following bond quotes for IOU Corporation appear in the financial page of today’s newspaper. Assume the bond has sem
wlad13 [49]

Answer:

a. 4.89%

b. 5.23%

Explanation:

We use the rate formula which is shown in the attached spreadsheet

Given that,  

Present value = $2,000 × 108.96% = $2,179.20

Future value or Face value = $2,000  

PMT = $2,000 × 5.7% ÷ 2 = $57

NPER = 16 years × 2 = 32 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  

a. The yield to maturity of the bond is 4.89%

b. The current yield would be

= 57 × 2 ÷ $2,179.20

= 5.23%

4 0
3 years ago
Transactions Concrete Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equip
agasfer [191]

Answer:

Oct 1

Rent expense Dr. $2800

Cash Cr. $2800

(To record entry for payment of rent for month)

Oct 3

Advertising expenses Dr. $525

Cash Cr. $525

(To record entry for Advertising expenses)

Oct 5

Supplies Dr. $1250  

Cash Cr. $1250

(To record entry for purchase of supplies)

Oct 6

Office equipment Dr. $9300

Accounts Payable Cr. $9300

(To record purchase of office equipment on account)

Oct 10

Cash Dr. $16600

Accounts Receivable Cr. $16600

(To record cash received from customers on account)

Oct 15

Accounts payable Dr. $3720

Cash Cr. $3720

(To record payment made to creditors)

Oct 27

Miscellaneous expenses  Dr. $590

Cash Cr. $590

(To record repair expense of office equipment)

Oct 30

Telephone expense Dr. $275

Cash Cr. $275

(To record payment made for telephone bill)

Oct 31

Accounts receivables Dr. $50160

Service fees Cr. $50160

(To record fees earned )

Oct 31

Utility expense Dr.  $830  

Cash CR $830

(To record payment made for electricity bill)

Oct 31

Personal use Dr. $1700

Cash Cr. $1700

(To record payment of dividend)

3 0
3 years ago
Two agencies that look out for the best interest of customers are ____
elixir [45]

Answer:FDA and CPSC

Explanation:

8 0
3 years ago
Read 2 more answers
ontribution margin is the difference between a. selling price and variable cost per unit. b. purchase price and variable cost pe
Phantasy [73]

Answer:

a. selling price and variable cost per unit.

Explanation:

The contribution margin is the share of revenue that a product contributes to pay for fixed costs and profits. The contribution margin can be calculated per unit or for an entire production. The total contribution margin is the margin for the entire product line or the business.

Calculating the contribution margin involves subtracting variable costs from the selling price. In other words, the contribution margin equals selling price minus variable costs. The concept of contribution margin assists management in determining break-even points and profitability at different production levels.

4 0
3 years ago
The statements and equations show various ways of defining average variable cost, marginal cost, and average total cost. TC is u
likoan [24]

COMPLETE QUESTION:

The statements and equations below show various ways of defining average variable cost, marginal cost, and average total cost. Below, TC is used to abbreviate total cost, VC is used to abbreviate Variable cost, and Q is used to abbreviate quantity. Classify each statement or equation according to whether it describes average variable cost, marginal cost, or average (total) cost.

Average Variable Cost Marginal Cost Average (Total) Cost

The amount by which total cost increases when an additional unit is produced

Total cost divided by quantity of output

Change in the total cost divided by change in output

VC / Q

The sum of all costs that change as output changes divided by the number of units produced.

TC / Q

ΔTC/ΔQ

Answer and Explanation:

Marginal Cost is the value by which total cost increases when more units are produced.

Marginal Cost = VC / Q

Average Variable Cost is the cost per the quantity of output. It is the difference in the Total Cost per change in output.

Average Cost is the addition of all costs that change due to changes in output per the number of units produced.

TC / Q= Variable Cost

ΔTC/ΔQ= marginal cost

8 0
3 years ago
Read 2 more answers
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