Answer:
Explanation:
a) To maximise profit, we would charge a price of 7 for adults and a price of 4 for children.
Profit would be = 7 x 300 + 4 x 200
Profit = 2900
This is the maximum profit other than fixed cost
b) If we have to keep one price of the ticket, then it would be 7. This would yeild a profit of 2100
c) From the law, the adults dont get any benefit, rather the children are in best position of free ticket
d) Fixed cost wont effect the answers above as long as the price and numbers of participants wont change
Answer:
$4,800,000
Explanation:
Widget corporation purchased all of its fixed assets three years ago for $6 million
These assets can be sold today for $3 million
The company receives $1.8 million in cash after liquidation of current assets
Therefore the market value of the company's total assets today can be calculated as follows
Market value = $3,000,000 + $1,800,000
= $4,800,000
Hnence the company's market value for today is $4,800,000
Answer:
a. by making long trips less expensive
b. by making long trips in less time
c. by opening up new trade markets
e. by increasing travel options
Explanation:
Answer:
a. Gross pay = $1,320
b. Net pay = $917
Explanation:
a. Determine the gross pay for the week. $ If applicable, round your final answer to two decimal places.
Pay for 40 hours = 40 * $24 = $960
Pay for excess of 50 hours = (50 - 40) * $24 * 1.5 = $360
Gross pay = $960 + $360 = $1,320
b. Determine the net pay for the week.
Net pay = $1,320 - ($1,320 * 6.0%) - ($1,320 * 1.5%) - $304 = $917.
B) Family child care <span>refers to care of a child in someone else's home. This is like a day-care that exists in someone's place of residence. Usually there are a number of children enrolled at once, and the care-taker makes the home more suitable to the purpose, ensuring child safety and that there are plenty of activities to stimulate the children.
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