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snow_tiger [21]
3 years ago
11

Seymour owns 3 acres of beautiful waterfront property on a large inland lake. In his will, Seymour donates the land to the state

with the understanding that the land will be used as a state beach. Seymour wants an efficient way to prevent overcrowding at the beach, so he should require
a) that all beach visitors pay the same entry fee regardless of the day of the week or time of the year.
b) that the beach limit the number of visitors to 500 per day, without an entry fee.
c) an entry fee be charged on summer weekend days when many people tend to visit the beach.
d) that only local residents be admitted to the beach
Business
1 answer:
Kruka [31]3 years ago
6 0

Answer:

c) an entry fee be charged on summer weekend days when many people tend to visit the beach.

Explanation:

Since Seymour's goal is to prevent overcrowding, then it is wise to require payment of an entry fee, on certain days when a lot of people tend visit the beach more. On other days when not so many people visit the beach, then there can be free entry for all who do.

This would be an efficient way to make sure the beach is not overcrowded.

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A roofing company collects fees when jobs are complete. The work for one customer, whose job was bid at $3,900, has been complet
3241004551 [841]

Answer:

Debit Accounts Receivable, $3,900;

Credit Roofing Fees Revenue, $3,900

Explanation:

Here, no cash transaction was involved. Since the job has been completed but  the customer has not been billed yet, this simply means it has to be debited with accounts receivable, which is recognised as current asset and recognised as revenue for the period, hence needs to be credited.

This means that accounts receivable has to be debited with the amount of $3,900 while roofing fees revenue has to be credited with the amount of $3,900

Considering the above, the adjusting entry the company would need to make on December 31, the calendar year-end would be:

Debit Accounts Receivable, $3,900;

Credit Roofing Fees Revenue, $3.900

3 0
3 years ago
How much is one bottle of water? Case of 20 water bottles for $15.00
Mariulka [41]

75 cents because $15 divided by 20 = 75 cents

6 0
2 years ago
Read 2 more answers
Graham is hiking a trail that is 512 miles long. He has hiked 358 miles so far.
Scilla [17]
The answer is d the entire trail is 512 and he already walked 358 so 512-358
6 0
2 years ago
Tamarisk, Inc. purchased a delivery truck for $29,200 on January 1, 2020. The truck has an expected salvage value of $2,200, and
solmaris [256]

Answer:

1. $3375

$3375

2. $4347

$3456

3 $7300

$5475

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

( $29,200  - $2,200,) / 8 =  $3375

depreciation expense each year is  $3375

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)  = 2/8 = 0.25

2020 = 0.25 x 29200 = 7300

2021 = 0.25x( 29200 - 7300)

Activity method based on output = (output produced that year / total output of the machine) x (Cost of asset - Salvage value)

8 0
2 years ago
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madreJ [45]
Could the answer be advertisements
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2 years ago
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