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Irina-Kira [14]
3 years ago
11

A stadium charges $15 to park in the stadium parking lot, and $10 to park in the satellite lot. If the stadium wants to make $30

0,000 in parking revenue and the stadium parking lot is full already with 12,000 cars, how many fans would have to park in satellite lots to make the revenue goal?
Business
1 answer:
Lady bird [3.3K]3 years ago
5 0

Answer:

12,000

Explanation:

The aggregate amount of revenue of the stadium is $300,000 from which they have $180,000 from the stadium parking lot which has 12,000 cars inside it. So, it is $12,000 × $15 is equal to $180,000.

So, remaining will be

= $300,000 - $180,000

= $120,000

This amount needed for attaining the revenue.

So, from satellite, they revenue of $120,000. So, the number required to make it this amount is computed as:

= $120,000 / Rate of parking

= $120,000 / $10

= 12,000

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cricket20 [7]

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<h3>What is a personal information manager PIM software?</h3>

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A type of application software that serves as a personal organizer is called a personal information manager. In order to refer to the field of study of personal information management, the acronym PIM is now more frequently employed.

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4 0
1 year ago
Personalized products is a small manufacturing firm specializing in custom-order tool and die work. a computerized accounting sy
sashaice [31]

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The majority of customers are more inclined to make purchases from a merchant who offers more pertinent messages, recommendations, and incentives as well as experiences that are more catered to their unique interests.

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8 0
1 year ago
You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation
ladessa [460]

Answer:

14.48%

Explanation:

The ARR is the quotient between the average income of a project over his investment cost.

The income will consider depreication and taxes.

We are given with the net income so, we should assueme are already included.

Frist step, calculate average net income.

 

   $ 1,864,300,

+  $ 1,917 ,600

+  $ 1,886,000

<u>+  $ 1,339,500  </u>

   $ 7,007,400 Total return

Now we divide by 4 because there is a total of 4 years

$ 7,007,400 / 4 = $ 1,751,850 Average income

<u />

<u>Now we calculate the ARR</u>

average net income/ investment

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4 0
2 years ago
Say that Alland can produce 32 units of food per person per year or 16 units of clothing per person per year, but Georgeland can
Gre4nikov [31]

Answer:

a.Georgeland has an absolute but not a comparative advantage in producing clothing.

Explanation:

A country has a comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.

A person has an absolute advantage in production if it produces more quantities of the good when compared with other countries.

Georgeland produces more quantities of both food and clothes when compared to Alland, so it has absolute advantage in both activities .

The opportunity cost of georgeland in producing clothes = 36 / 18=2

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For Alland,

the opportunity cost of producing clothes = 32 / 16= 2

the opportunity cost of producing food = 16 / 32 = 0.5

Neither countries don't have a comparative advantage in the production of either clothes of food bedside they have the same opportunity costs in both activities.

I hope my answer helps you

7 0
3 years ago
Partners Dennis and Lilly have decided to liquidate their business. The following information is available:
fgiga [73]

Answer:

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Inventory $200,000 Dennis, Capital $120,000

Lilly, Capital $80,000

$300,000 $300,000

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a. $36,000

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c. $60,000

d. $24,000

2. Using a safe payments schedule, how much cash will be distributed to Lilly at the end of the first month?

a. $40,000

b. $24,000

c. $64,000

d. $16,000

4 0
2 years ago
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