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ivolga24 [154]
3 years ago
13

The mayor of Coast Town has determined that the best way to pay for the construction of a new library is to charge all residents

and non-residents a fee for visiting Coast Town's well-regarded beach. The mayor reasons that at current levels of visitation, the revenue generated from the beach visitation fee will pay for the new library within three years.
Which of the following pieces of information would be most useful in evaluating the mayor’s conclusion?

A) The manner in which other towns in the state have funded the construction of their libraries.
B) Whether visitors to Coast Town's beach will reduce the frequency of their visits in response to the fee.
C) How many people visited Coast Town's beach last year.
D) How many other beaches lie within convenient driving distance from Coast Town.
E) The average level of household income of residents in Coast Town.
Business
1 answer:
Gelneren [198K]3 years ago
8 0
It should be c because the mayor calculate the revenue the beach generates based on the current level of visitation. Charging a fee will no doubt reduce the amount of non-resident visitor, affecting how long it takes for the beach revenue to cover the cost of construction of the new library
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A) diversity pairing

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At January 1, 2021, Café Med leased restaurant equipment from Crescent Corporation under a nine-year lease agreement. The lease
marusya05 [52]

Answer:

$11,750

$189,750

Explanation:

1: Calculation for the effect of the lease on Café Med's earnings for the first year

Based on the information given we were told that the lease agreement has annual payments of the amount $29,000 which means that Corporation will recognized a rental revenue of the amount $29,000 each year

Now let Compute for the depreciation to be charged on equipment using this formula

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Crescent Effect on earnings = Rental revenue - Depreciation expense

Let plug in the formula

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2. Calculation for the balances in the balance sheet accounts

Using this formula

Equipment balance at the end of 2021 = Cost - Accumulated depreciation

Let plug in the formula

Equipment balance (net) at the end of 2021= $207, 000 - $17, 250

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Answer:

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The dividend discount model (DDM) can be used to calculate the price of the stock today. DDM calculates the price of a stock based on the present value of the expected future dividends from the stock. The formula for price today under DDM is,

P0 = D1 / (1+r)  +  D2 / (1+r)^2  +  ...  +  Dn / (1+r)^n  +  [(Dn * (1+g) / (r - g)) / (1+r)^n]

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