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klemol [59]
2 years ago
6

Jason rents rooms in his hotel for an average of $100 per night. The variable cost per rented room is $20. His fixed costs are $

100,000 and his target profit is $20,000. For Jason, to earn his target profit, he will need to rent out ________ rooms.
A) 100
B) 20,000
C) 1,000
D) 1,500
E) It cannot be determined from the information provided.
Business
1 answer:
melisa1 [442]2 years ago
8 0

Answer:

D) 1,500

Explanation:

rent per room =$100 dollars

variable cost= $ 20 dollars

fixed cost =$ 100,000.00

desired profits=$ 20,000.00

volume(V) to meet profit target;

Contribution margin per sale= $100-$20= $80

Profits = revenue-cost

=$20,000= Vx$80-$100,000

=20,000=v80-100000

   v80=100,000.00+20,000

    v80=120,000

         v=  120,000/80

Volume =1,500

 

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In 3-4 sentences describe how economic liberty helps water the "money tree" in a free enterprise.
il63 [147K]

Answer:

It helps giving you the ability to choose what you think is best for your business

Explanation:

Vic, using the money tree metaphor is awesome in order to explain. Think about your free enterprise (let’s say… a store that sells trees!).

What you need in order to start and run a business? A place to sell those trees, employees, products, infrastructure, etc., and capital to fund all that. All that business plans and models that you will develop in order to have a successful business will require that you make economic decisions, actions. And, in order to make those decisions, you need economic liberty, which is exactly the ability one has to make economic decisions without political, economic or social blocks.

Imagine that in your region you can only sell trees with red leaves, or your trees are taxed much more than trees coming from overseas, or that employment law requires that no employee gets near a plant (who knows, it could be to prevent allergic season!). That would make super hard to develop your business right?

That’s how economic liberty could help you grow your money tree; into giving you the ability to choose what you think is best for your business.

6 0
3 years ago
A TIPS was issued with a par value of $1000, a coupon rate of 2.5 percent, and a reference CPI of 204.89. What is the correct ca
Andre45 [30]

Answer:

$12.53

Explanation:

Data provided in the question

Par value = $1,000

Coupon rate = 2.5%

Reference CPI = 204.89

Now CPI = 205.44

By considering the above information, the correct calculation of the current interest payment is

= Par value × Current CPI ÷ Reference CPI × Coupon rate ÷ 2

= $1,000 × 205.44 ÷ 204.89 × 2.5% ÷ 2

= $12.53

We assume the interest is on semi annual payments

5 0
2 years ago
suppose the real rate is 3.4 percent and the inflation rate is 5 percent. what rate would you expect to see on a treasury bill?
Ghella [55]

the rate expected on the treasury bill is 8.57%. enter answer as a percent rounded to 2 decimal places.

The real rate is 2.1 percent

The inflation rate is 3.4 percent

To find the rate which is to be expected on a treasury bill we have to apply fisher's equation

1+R= (1+r)(1+h)

Therefore, the rate on the treasury bill can be calculated as follows

1+R= (1+r)(1+h)

r= 3.4%

= 3.4/100

= 0.034

h= 5%

= 5/100

= 0.05

R= (1+r)(1+h)-1

= (1+0.034)(1+0.05)-1

= (1.034×1.05)-1

= 1.0857-1

= 0.0857×100

= 8.57%

A Treasury invoice (T-invoice) is a brief-term debt obligation backed via the U.S. Treasury Department with an adulthood of one year or less. Treasury bills are generally bought in denominations of $1,000 even as a few can attain a denomination of $five million.

let's say an investor purchases a par price of $1,000 T-bill with an aggressive bid of $950. whilst the T-invoice matures, the investor is paid $1,000, thereby income $50 in interest on the funding.

U.S. Treasury bills are auctioned on a regular schedule. individuals should purchase T-payments from the government using the TreasuryDirect internet site. it is free to register, and it'll function like a brokerage account that holds your bonds. in addition to bidding on new troubles, You also can install reinvestments into securities of an equal type and time period. as instance, you can use the proceeds from a maturing fifty-two-week invoice to shopping for some other fifty-two-week invoice. sure brokerage corporations can also permit buying and selling in U.S. Treasuries.

To learn more about treasury bills visit here:

brainly.com/question/17204626

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7 0
10 months ago
The ____ provide(s) schedule-related information about each activity, such as predecessors, successors, logical relationships, l
never [62]

Answer:

The answer is D. Activity attributes

Explanation:

Activity attributes are descriptive components of an activity. Examples of these attributes include;  activity name, description and responsible person.

6 0
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The significant event at the conclusion of each phase is called _____. Group of answer choices tasks deliverable milestone seque
PtichkaEL [24]

The significant event at the conclusion of each phase is called a milestone.

  • A milestone in your life is an important occasion. A turning point frequently ushers in a fresh chapter. For instance, your high school graduation was a significant event in your life. A roadside signpost that indicates the distance to a specific point is referred to as a milestone.
  • Birthdays celebrated at milestone ages are those extra-special ages that call for more than simply a card and cake. Important childhood milestones that typically require a sizable party and an especially thoughtful present include a first birthday and turning 13 years old.
  • A crucial moment or stage in the existence, development, or similar of a person, a country, etc. Her career reached a turning point when she was hired as a supervisor.

Thus this is the answer.

To learn more about milestone in life, refer:brainly.com/question/25605883

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7 0
2 years ago
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