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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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The ________ technique fits situations where more recent events carry greater influence. a. dynamic forecasting b. moving averag
zheka24 [161]

Answer: a. Dynamic forecasting

Explanation:

Dynamic forecasting has to do with when the forecasted value or the predicted value of the dependent variable that us lagged in a research is used rather than using the actual value.

The dynamic forecasting technique fits situations where more recent events carry greater influence.

4 0
3 years ago
A financial institution offers a "double-your-money" savings account in which you will have $2 in 4 years for every dollar you i
Rom4ik [11]

Answer:

The stated annual interest rate offered by this account is 41.42%.

Explanation:

The stated annual interest rate, r on the saving account can be determined as follows :

Pv = - $1

n = 4 × 2= 8

pmt = $ 0

p/yr = 2

Fv = $4

r = ?

Using a financial calculator the nominal rate,r compounded semi-annual is 37.8414 %

Then use the financial calculator to convert norminal rate to annual rate as follows :

37.8414 % Shift NOM%

P/YR 2

Shift EFF% 41.4213 or 41.42%

6 0
3 years ago
The beginning checkbook balance of Shelley Co. was $5,559.10. The bank statement showed a bank balance of $7,888.44. The bookkee
amid [387]

Answer:

$7,999.54

Explanation:

The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.

These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.

To correctly adjust the book balance, items recognized in the bank statement that are yet to be recorded in the books are done.

The adjusted balance

= $5,559.10 + $499.88 + $1,256.45 + $750.99 - $66.88

= $7,999.54

7 0
3 years ago
Determine the missing amounts. (Round answers to 0 decimal places, e.g. 1,225.)
kotegsom [21]

Answer:

Selling Price_Variable Costs_Contribution Margin_CM Ratio

1. $640 _________$352 _______$288 __________45%

2. $300_________$207 _______ $93 __________69%

3. $1,300 _______ $975 _______$325 __________25 %

Explanation:

As per given data

Selling Price_Variable Costs_Contribution Margin_CM Ratio

1. $640 _________$352 _______$288 $ ________45%

2. $300_________$207 _______ $93 __________69%

3. $1,300 _______ $975 _______$325 __________25 %

(a)

Unit Contribution margin = Unit selling price - Unit Variable cost

Unit Contribution margin = $640 - $352 = $288

(b)

Contribution margin Ratio = Unit Contribution margin / Unit selling price = $288 / $640 = 0.45 = 45%

(c)

Unit Contribution margin = Unit selling price - Unit Variable cost

$93 = $300 - Unit variable cost

Unit variable cost = $300 - $93 = $207

(d)

Contribution margin Ratio = Unit Contribution margin / Unit selling price = $207 / $300 = 0.69 = 69%

(e)

25 = $325 / Unit selling price

Unit selling price = $325 / 25% = $1,300

(f)

$325 = $1,300 - Unit Variable cost

Unit Variable cost = $1,300 - $325 = $975

8 0
3 years ago
A withholding allowance is a _____.
lianna [129]
'Withholding Allowance' Employee-claimed exemptions on the tax form employers use to determine how much of an employee's pay to subtract from his or her paycheck to remit to the tax authorities. The more allowances you claim, the less income tax will be withheld from your paycheck
4 0
3 years ago
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