At the highest price, you would expect the demand for goods and services to be the ____

Assume Maine Line Railway is considering hiring a reservations agency to handle passenger reservations. The agency would charge

inna [77]

Answer:

$214,000

Explanation:

The total reservation cost per month is given by the following expression:

$R = \$14,000+\$1*n$

Where 'n' is the number of monthly reservations.

If there are 200,000 reservations for passengers taking a trip next month, the reservation cost is:

$R = \$14,000+\$1*200,000\\R=\$214,000$

Total reservation cost is $214,000.

7 0

3 years ago

Read 2 more answers

Janet saw on the news where a family of seven children perished in a house fire—it was also revealed that the house did not cont

andreev551 [17]

Answer:

Proposition of Fact

Explanation:

A proposition of fact is the argument that tries to convince the audience about a course of action which the argument maker desires everyone must accept. So in this scenario, Janet brings forward a solid argument which is supported by the accident outcome and this argument can be used to convince the audience.

5 0

3 years ago

Exercise 10-2 Straight-Line: Amortization of bond discount LO P2 Tano issues bonds with a par value of $180,000 on January 1, 20

Nitella [24]

Answer:

bonds' face value $180,000

coupon rate 8%, semiannual = 4%

maturity 3 years x 2 = 6 periods

market interest rate = 10% or 5% semiannual

the journal entry to record the issuance of the bonds:

January 1, 2017, bonds issued at a discount

Dr Cash 170,862

Dr Discount on bonds payable 9,138

Cr Bonds payable 180,000

the amortization of the bond discount should be $9,138 / 6 = $1,523 on every coupon payment.

Journal entry to record payment of first coupon:

June 30, 2017, first coupon payment

Dr Interest expense 8,723

Cr Cash 7,200

Cr Discount on bonds payable 1,523

6 0

4 years ago

Compared to a short-term investment, what is the general return of a long-term investment? A) A long-term investment has a simil

slavikrds [6]

Let understand that "short-term investment" are investments that can be easily converted to cash and has a maturity period of less than a year. Example of this investment are Money Market.

"Long term investment" are investment that runs over a long period of time and yield higher return than the short-term investment". Example of these investment are stocks, bonds, real estate

People invest in "Long term investment" because its offers more risk for higher rewards.

In conclusion, long-term investment has a greater return because it has greater risk.

Learn more about this here

<em>brainly.com/question/17681451</em>

8 0

3 years ago

The price/sales multiple is typically only used for the valuation of firms without earnings. true false

sveta [45]

The main purpose of price/sales multiple ratio is typically only for the purpose of valuation of firms having no earnings till the date of valuation. Therefore, the given statement holds true.

<h3>What is the significance of Price/Sales ratio?</h3>

Price/Sales ratio can be referred to or considered as a ratio that is used to determine the total sales made by the company without earning any profits over their sales at a given price.

Investors use this ratio in order to valuate a firm based on the sales they have made in multiples, however without earnings, that can prove to derive good investment returns in the future.

Therefore, the aforementioned statement regarding price/sales ratio holds true.

Learn more about price/sales ratio here:

brainly.com/question/14856408

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3 0

2 years ago

At the highest price, you would expect the demand for goods and services to be the _____. least most