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ASHA 777 [7]
3 years ago
7

Over the course of a day, fans pour into a NASCAR venue at the rate of 8,000 people per hour. The average rate at which fans lea

ve the venue ______.
Business
1 answer:
bezimeni [28]3 years ago
8 0

Answer:

Must be exactly 8,000 people per hour.

Explanation:

Flow rate or throughput is the rate at which customers, goods, or services flow though a business process. It is usually measured as an average number of units that pass through a process per unit time.

In this scenario the people that entered the NASCAR venue were 8,000 people per hour.

So when people are coming out of the NASCAR venue average rate of flow out must be 8,000 people per hour.

The rate of units entering a business process must be equal to rate of units coming out per unit time.

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Walk Co’s average total assets are $200,000, net sales total to $100,000, and net income is $40,000. How much net income did Wal
kupik [55]

Answer:

$0.20 or 20 cents for every dollar invested as assets

Explanation:

To determine how many dollars (or cents) of net income did Walk Co. generate for every dollar of assets invested we have to;

divide Walk Co.'s net income by its total assets = $40,000 / $200,000 = $0.20 or 20 cents. This is called the

6 0
3 years ago
The price of mangoes is currently $5.00 per pound. At this price, producers are supplying 4,000 pounds of mangoes. Point C on th
IRINA_888 [86]

Answer: Point B

If the demand increases suddenly because of a non-price determinant of demand, equilibrium point will shift to point B. At point B, the demand for mangoes increased from 4000 to 5000 pounds, and the price increased as well, from $5 to $6.

4 0
3 years ago
Read 2 more answers
Symphon Times Inc., a Swiss-based premium watch brand, has recently started selling its watches through company-owned retail out
iVinArrow [24]

Answer:

a) geographic diversification strategy.

Explanation:

In this scenario, Symphon Times Inc., a Swiss-based premium watch brand, has recently started selling its watches through company-owned retail outlets in major cities of the emerging nations. The type of diversification strategies the firm is pursuing is a geographic diversification strategy.

Geographical diversification strategy can be defined as the process of diversifying your investments across various geographical regions (market) so as to improve profits or returns on investment and primarily to mitigate the overall business risk.

Hence, using the geographic diversification strategy Symphon Times Inc., is spreading its risk across various geographical regions or emerging nations by allocation of its resources in order to prevent them from being vulnerable to external conditions and to improve their performance and competitiveness. Thus, a geographic diversification strategy is simply a business management strategy that entails "not putting all your eggs in a basket" rather you should have them spread across in order to prevent or mitigate the overall risks.

<em>Additionally, in order to preserve wealth and to reduce portfolio risks it is advisable that business owners such as Symphon Times Inc. engage in geographic diversification strategy.</em>

4 0
3 years ago
g On January 1, a machine with a useful life of four years and a salvage value of $13000 was purchased for $77000. What is the d
Aleonysh [2.5K]

Answer:

Annual depreciation= $16,000

Explanation:

Giving the following information:

Purchase price= $77,000

Useful life= 4 years

Salvage value= $13,000

Under the straight-line method, the depreciation expense remains constant during the life of the asset.

<u>To calculate the depreciation expense, we need to use the following formula:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (77,000 - 13,000) / 4

Annual depreciation= $16,000

3 0
2 years ago
A company paid $200 cash for supplies that were purchased last month. However, the company recorded a debit to Accounts Payable
hjlf

This company's accounting records are: Incorrect because debits side  do no equal credits side.

<h3>Accounting record</h3>

Based on the information given their is an error when recording the journal entry reason  been that we are supposed to credit cash with the amount of $200 and not $20.

Due to this error this company's accounting records will be wrong or  Incorrect based on the fact that the  debits side  do no equal credits side.

The principle of accounting entry states that "Every debit entry must have a corresponding credit entry and every credit entry must have a corresponding debit entry"

The correct entry was supposed to be:

Debit Account payable $200

Credit Cash $200

Inconclusion  this company's accounting records are: Incorrect because debits side  do no equal credits side.

Learn more about accounting record here:brainly.com/question/26282268

3 0
2 years ago
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