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Archy [21]
4 years ago
12

During a recent​ month, Company planned to provide cleaning services to customers for per hour. Each job was expected to take ho

urs. The company actually served more customers than​ expected, but the average time spent on each job was only hours each. ​'s revenues for the month were
Business
1 answer:
givi [52]4 years ago
7 0

Answer: B.  $1,050  more than expected.

Explanation:

The company originally planned to have revenue resulting from 30 customers and charging $30 for an estimated 33 hours.

Estimated revenue was;

= 30 * 30 * 3

= $2,700

However, in actuality, they sold to 20 more customers than estimated but only spent 2.5 hours each.

Number of customers = 30 + 20

= 50 customers

Actual revenue

= 50 * 30 * 2.5

= $3,750

Difference is;

= 3,750 - 2,700

= $1,050 more

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the acme corporation believes that the production of its product in its present facilities will assume logistic growth. these fa
oksian1 [2.3K]

Answer:

594 units

Explanation:

We must apply the logistics growth model, since applying linear or exponential growth will result in numbers which are much higher than the total production capacity of this facility. When we use the logistics growth model, the growth rate decreases as the resource limit approaches.

f(x) = c / (1 + ae⁻ᵇˣ)

initial value = c / (1 + a) = 240

600 = 240 + 240a

360 = 240a

a = 1.5

b = growth rate = (360 - 240) / 240 = 0.5

x = 5

e = 2.71828

f(x) = 600 / [1 + [1.5 x (2.71828⁻⁵) = 600 / 1.010106954 = 593.9965 = 594 units

7 0
3 years ago
The amount of increase or decrease in revenue that is expected from a particular course of action as compared with an alternativ
aalyn [17]

Answer:

a) The amount of increase or decrease in revenue that is expected from a particular course of action as compared with an alternative is termed:

Differential Revenue

b) The Differential cost of producing Product D is the additional cost of $9.25 per pound.

Explanation:

a) Differential Revenue is the difference in sales revenue that results from two different courses of action.

b) The corporate finance institute defines Differential cost as "the difference between the cost of two alternative decisions."

5 0
3 years ago
Match the following terms to their definitions: 1. privatization 2. restructuring 3. agent 4. leveraged buyouts 5. underpricing
RUDIKE [14]

Answer:

1) UNDERWRITE involves the act of taking on any risk that might be related with the issue of a new security.

2. BEST EFFORTS is the responsibility of sharing a security without transferring the risk associated with the new issue from the company to the investors.

3. UNDERWRITING SYNDICATE involves a group of investors formed to share the risk of a security offering.

4.UNDER PRICING is the process of setting the price of a new security slightly below the market value to ensure a receptive sale.

5. AFTERMARKET is a secondary market where securities are traded after its initial offering to the public.

6.AGENT is one who sells or places an asset for another party.

7. SHELF REGISTRATION permits large companies to file one comprehensive statement with the Securities and Exchange Commission (SEC) outlining their financial plans for the next two years.

8. LEVERAGE BUYOUT occurs when either management or another investment group borrows the needed cash to rebuy all traded shares from the shareholders.

9. RESTRUCTURING involves the divisions and products are sold and assets redeployed into better yielding areas.

10. PRIVATIZATION is a situation Investors that take a company public, the investment bankers sell companies previously owned by governments.

8 0
3 years ago
Comparative balance sheets for 2021 and 2020 and a statement of income for 2021 are given below for Metagrobolize Industries. Ad
GrogVix [38]

Answer:

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7 0
3 years ago
List and briefly describe your strongest interests (the same ones you listed for your self-evaluation in the previous section).
ivolga24 [154]

hold on i gotta ask my mom

6 0
4 years ago
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