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
Shtirlitz [24]
3 years ago
9

Hickory point amusement park sells admission tickets for $50 per person for one visit. variable costs are $15 per visitor and fi

xed costs are $60,000,000 per month. the company's relevant range extends to 2,000,000 visitors per month. what is hickory point's projected operating income if 1,750,000 visitors come to the park during the month?
Business
1 answer:
Kay [80]3 years ago
4 0
First, calculate for the total operating cost of the park through the equation,

   TC = TV + TF

where TC is the total cost,
     TV is the total variable cost which is equal to the product of the variable cost per visitor and number of visitor, and
     TF is the total fixed cost. 

Substituting the known values,
    TC = ($15)(1,750,000) + $60,000,000 = $86,250,000

Then, the total revenue is the product of the cost of ticket and the number of visitors.
     TR = ($50/visitor)(1,750,000 visitors) = $87,500,000

Subtracting the two values will give us an answer of $1,250,000.

ANSWER: $1,250,000
You might be interested in
If the price index has a value of 122 then the inflation rate during the past year was 22%. True or False
Lyrx [107]
If I am correct it is true
8 0
3 years ago
Define entrepreneurial education??????​
Firdavs [7]

Answer:

hope it helps if it does follow me

Explanation:

Entrepreneurship education seeks to provide students with the knowledge, skills and motivation to encourage entrepreneurial success in a variety of settings. Variations of entrepreneurship education are offered at all levels of schooling from primary or secondary schools through graduate university programs.

5 0
3 years ago
Connie opened a link that she received in an email. It led to a webpage that congratulated her on winning $1 million. The webpag
Mariana [72]

Answer:

This kind of malware attack is known as ransomware.

Explanation:

-Ransomware is a type of malicious software that typically involves encrypting the files of a victim's PC, laptop or systems. The hacker(s) This essentially denies the victim any access to their data.They then demands payment in order to allow the victim access to their own data. The payment is always required to be transferred in crypto-currency to the hackers.

-Examples of ransomware includes Reveton, CryptoLocker, CryptoWall and the infamous Wannacry which attacked many victims PC across the globe in 2017. Ransomware attacks can be initiated by a user unknowingly visits an infected website.The malware then self downloads and installs itself onto the user’s PC without their knowledge.

-Ransomware attacks can be prevented by using advanced antivirus.

7 0
3 years ago
Monroe county levies a tax on the value of real property located within the county. The tax equals 3 percent of the property's a
Vikentia [17]

Answer:

a. $39,000

b. $85,000

Explanation:

The computations are shown below:

a. Tax on real property would be

= Valued of real property × tax rate

= $1,300,000 × 3%

= $39,000

b. Tax on real property would be

= Property's assessed value up  × tax rate + difference of property value  × increased tax rate

= $2,000,000 × 3% + $2,500,000 × 1%

= $60,000 + $25,000

= $85,000

8 0
3 years ago
Explain the difference between buffet and fast food restaurants.
jek_recluse [69]

Answer:

The difference is that buffets don't actually have to prepare the food quickly.

Explanation:

Buffet can be considered a form of fast food: you walk in and pay, and can then immediately grab whatever you like and eat it.

3 0
3 years ago
Read 2 more answers
Other questions:
  • E first phase of the writing process involves writing a rough draft of your message.
    15·1 answer
  • Sometimes it is necessary to _____ after installing a new software program and before using it the first time.
    5·2 answers
  • Why would you want to create a bar graph from a budget spreadsheet?
    9·2 answers
  • 1. The planned effort to present a unique image through newspapers, community events, and other visible
    11·2 answers
  • Why is eskom not a profitable company
    9·1 answer
  • 4. Read the scenario below and explain to the
    13·1 answer
  • Prepare journal entries to record the following transactions for the village of Radnor. Classify the expenditures as Parks suppl
    9·1 answer
  • To determine a credit score, debt, available credit and total assets are all part of the
    13·1 answer
  • When effective communication affected your success at work
    13·1 answer
  • Compared to a perfectly competitive firm, the demand schedule of a monopolistically competitive firm faces is:________
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!