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aalyn [17]
3 years ago
9

o decide whether or not to buy a season ski pass. A daily pass costs ​$80. A season ski pass costs ​$450. The skier would have t

o rent skis with either pass for ​$25 per day. How many days would the skier have to go skiing in order to make the season pass less expensive than the daily​ passes?
Business
1 answer:
Nataly [62]3 years ago
8 0

Answer:

6 days

Explanation:

Given:

Cost of daily pass = $80

Cost of season ski pass = $450

Rent for the skis per day = $25

Let the number of days be 'x'

Thus,

Total cost with the daily pass = $80x + $25x = $115x

And,

Total cost with season pass = $450 + $25x

Now, in order to make the season pass less expensive than daily pass

the total cost with the season pass should be less than the total cost with the daily pass

Mathematically,

$450 + $25x ≤ $115x

or

$450 ≤ $115x - $25x

or

$450 ≤ 80x

or

x ≥ 5.625

i.e the skier should go to skiing atleast 6 days to make  the season pass less expensive than the daily​ passes

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Answer:

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Depreciation for 2019 is  = $13,133.84

Depreciation for 2020 is = $10,401.04

Depreciation for 2021 is = $10,660.65

Explanation:

solution

we know here

Depreciation under Units of production method is    

Depreciation is = (Cost - Salvage value) × (No of units produced ÷ Expected units of production)

put here value for each year

Depreciation for 2018 is = (42700-1708) × (553300 ÷ 1500000)

Depreciation for 2018 is = $ 15,120.60

 

Depreciation for 2019 is = (42700-1708) ×  (480600 ÷ 1500000)

Depreciation for 2019 is  = $ 13,133.84  

 

Depreciation for 2020 is = (42700-1708)×  (380600 ÷ 1500000)

Depreciation for 2020 is = $ 10,401.04

 

Depreciation for 2021 is = (42700-1708)×  (390100 ÷ 1500000)

Depreciation for 2021 is = $ 10,660.65

5 0
3 years ago
The unemployment rate reported by the Bureau of Labor Statistics includes all of the following type of unemployment with the exc
Inga [223]
The correct answer for the question that is being presented above is this one: "hidden unemployment." The unemployment rate reported by the Bureau of Labor Statistics includes all of the following type of unemployment with the exception of hidden employment.
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2 years ago
Hassock Corp. produces woven wall hangings. It takes 4 hours of direct labor to produce a single wall hanging. Hassock standard
navik [9.2K]

Answer:

Efficiency variance  =$9,860   unfavorable

Explanation:

Labour efficiency variance is the difference between the actual time taken to achieve a given production output less the standard hours allowed for same multiplied by the standard labour rate

                                                                                                  Hours

11,900 units should have take (11,900× 4hrs)                          47,600                      

but did take                                                                              <u>48,180</u>

Difference                                                                                   580  unfavorable

Standard hours                                                                     <u> ×   $17 </u>

Efficiency variance                                                           <u>$9,860   unfavorable</u>

5 0
2 years ago
Consider an offer to supply 5 paintings per year to an art gallery in Rome for the next five years. The contract is exclusive, m
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Answer:

I will accept the offer if the price per painting is $56,312.41 or higher.

Explanation:

We will calculate the present value of the other option which is, selling our painting as a freelancer.

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 315,000.00

time 5

rate 0.2

315000 \times \frac{1-(1+0.2)^{-5} }{0.2} = PV\\

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Now, we subtract the signing bonus of 100,000

942,042.83 - 100,000 = 842,042.83

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PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 842,042.83

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C  $ 281,562.03

Now, we divide by the 5 painting per year:

$281,562.03 per year / 5 painting per year = $56,312.41

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2 years ago
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Explanation:

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= ($377,000 -$47,000) ÷ (140,000 Shares)

= $2.36 per share

C. Dividend per share = Common Stock dividend ÷ Common Shares outstanding

= $210,000 ÷ 140,000 shares

= $1.50

8 0
3 years ago
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