Answer:
The number of units that must be sold is A. 6,540 units
Explanation:
The number of units must be sold to meet the target profit figure are calculated by using following formula:
The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.
Contribution margin per unit = Sales price per unit – Variable cost per unit = $154 - $99 = $55
The number of units must be sold = ($313,500 + $46,200)/$55 = 6,540 units
Answer:
a) 120 skiers per day
b) 6.25% increase in revenue
Explanation:
a) If the average skier stays 10 days, the average turnover is 1/10 of the skiers per day, or 1200/10 = 120 skiers per day.
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b) For a stay of n days, the average skier spends ...
50 +(n-1)30 = 20 +30n
and the average spending per day is ...
(20 +30n)/n = (20/n) +30
So, for a 10-day stay, the average skier spends in restaurants ...
20/10 +30 = 32 . . . . per day
And for a 5-day stay, the average skier will spend ...
20/5 +30 = 34 . . . . per day
The change in restaurant revenue is expected to be ...
(34 -32)/32 × 100% = 2/32 × 100% = 6.25%
Restaurant revenues will be 6.25% higher compared to last year.
Answer: $15
Explanation:
A copayment or copay simply refers to a fixed amount that is paid by a patient for a covered service, before the patient will receive service. It is an insurance policy which someone who's insured will pay whenever he or she access a medical service.
In this case, since the patient has a copay of $15, then the patient will have to pay $15.
The strategy used by president Roosevelt to restore America's confidence in government and the private banking system was that, he reassured fireside talks on the radio.
Roosevelt fought to expand the role of the federal government in the nation's economy, and also embraced Keynesian economic policies. He also implemented a series of projects and programs called the New Deal to stabilize the economy.
Roosevelt called his radio talks about issues of public concern as fireside talks. These talks made Americans feel as if President Roosevelt was talking directly to them. He continued to use fireside talks throughout his presidency to address the fears and concerns of the Americans
Hence, these talks gave confidence to the American people to overcome their fears.
To learn more about Roosevelt here:
brainly.com/question/1000563
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