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
zysi [14]
3 years ago
15

Philadelphia Swim Club is planning for the coming year. Investors would like to earn a​ 10% return on the​ company's $37,000,000

of assets. The company primarily incurs fixed costs to maintain the swimming pool. Fixed costs are projected to be​ $12,600,000 for the year. About​ 540,000 members are expected to swim each year. Variable costs are about​ $13 per swimmer. The Philadelphia Swim Club has a favorable reputation in the area and​ therefore, has some control over the membership price. Using a costminusplus ​approach, what price should Philadelphia Swim Club charge for a​ membership?
Business
1 answer:
Sonbull [250]3 years ago
8 0

Answer:$43.19

Explanation:Total variable cost (540*13)=$7,020,000

Total fixed cost $12,600,000

Expected return ( 10% of $37000000)=$3,700,000

Price to be charged

Price- variable cost - fixed cost= expected return

P= Expected return + fixed cost + variable cost

$3,700,000+$12,600,000+7,020,000

= $23,320,000/540,000

=$43.19

You might be interested in
When only certain EOC team members or organizations are activated to monitor a credible threat, which Activation Level has been
loris [4]

Answer:

The correct answer is letter "A": Level 2 - Enhanced Steady-State.

Explanation:

In the enhanced steady-state (L2) of an emergency, only part of the members of the critical response team is requested to verify the credibility of the threat to find out what are the steps needed to be followed under an unfavorable situation. Among their activities, the staff members issue alerts and coordinate with mission partners.

5 0
2 years ago
Down and Out Co. operates an executive placement service for corporate executives displaced by corporate restructuring. Its mont
lbvjy [14]

Answer:

The average cost at a caseload of 25 attempted placements per month is 105.

Explanation:

The total cost function given in the question first correctly stated as follows:

TC = 25Q^1/2 + 2,500 ................ (1)

A caseload of 25 attempted placements implies that:

Q = 25

Substitute Q = 25 into equation (1), we have:

TC = (25 * 25^(1/2)) + 2,500 = 2,625

The average cost (AC) can now be calculated as follows:

AC = TC / Q = 2,625 / 25 = 105

Therefore, the average cost at a caseload of 25 attempted placements per month is 105.

5 0
3 years ago
A person running for political office is called a ____.
laila [671]

Answer:

Candidate

Explanation:

6 0
3 years ago
Read 2 more answers
How many international airports are in cote d'ivoire?
uranmaximum [27]
1 internation airport and its called the Ivory Coast 
3 0
3 years ago
A __ is usually one of the first things a prospective employer sees when you apply for a job, so it is important to highlight yo
butalik [34]

Answer:

A place where they can work

6 0
2 years ago
Other questions:
  • In the context of populations in the united states, millennials:
    9·2 answers
  • Cory Bash has been a private company for all of its business life. The owners long to expand their vision around the world, but
    5·1 answer
  • Use the information in the schedules above to draw this​ economy's production function. Label it. Draw a point to show equilibri
    6·1 answer
  • A classroom of children has 13 boys and 17 girls in which five students are chosen to do presentations. In how many ways can the
    7·1 answer
  • Michigan Cranberry Company sold $10 million worth of cranberries it produced. In producing cranberries, it purchased $1 million
    14·1 answer
  • When comparing the difference between an upstream and downstream transfer of inventory, and using the initial value method, whic
    5·1 answer
  • Tessellations that use more than one type of regular polygon are called semi-regular tessellations.
    5·2 answers
  • Which of the following utilities is not directly related to marketing
    5·1 answer
  • A store and a bank would both charge fees for _____.
    9·1 answer
  • Suppose firm X just paid its annual dividend of $2.00 per share. You expect that the firm will continue to pay $2.00 per share (
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!