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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:

The correct answers are letters "A" and "B": Your project is unimportant; I am unprofessional.

Explanation:

In business writing, it is very important to be <em>concise, clear, </em>and <em>professional</em>. Mason is showing none of that by sending a report using an old template without dedicating some minutes to review the content before sending the message. Mason's <em>unprofessional </em>behavior is reflected in not even changing the title of the report which is one of the most visible areas of the file. Under those circumstances, <em>the client may just believe making his report is not important for Mason</em>.

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3 years ago
North Shore Clothing Company provided the following manufacturing costs for the month of June. Direct labor cost     ​$138,000 D
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Answer:

D. ​$242,200

Explanation:

The variable cost is that cost which is changes when there is a change in the level of production.

It includes the direct material cost, direct labor cost, factory supplies, etc

The computation of the total variable cost is shown below:

= Direct material cost + direct labor cost + packaging cost

= $85,000 + $138,000 + $19,200

= $242,200

Therefore we included these three cost for the calculation of the variable cost

4 0
3 years ago
The Heuser Company’s currently outstanding bonds have a 10% coupon and a 12% yield to maturity. Heuser believes it could issue n
liraira [26]

Answer: After-tax cost of debt is 7.8%.

Explanation:

Given that,

coupon = 10% (outstanding bonds)

yield to maturity (YTM) = 12%

marginal tax rate = 35%

The after-tax cost of debt:

After-tax cost of debt = YTM (1 - Tax rate)

= 12% (1 - 0.35)

= 0.12 (0.65)

= 0.078

= 7.8%

YTM is used in the after-tax calculation because it represents the true pre-tax cost of debt to the issuer.

Therefore, the after-tax cost of debt is 7.8%

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3 years ago
Durango Co. desires to maintain an ending inventory equal to 10% of next month's cost of budgeted sales. Assume that Durango Co.
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Answer:

Required purchase for October = $110,000

Explanation:

Given:

Ending inventory = 10% of next month's budgeted sales

Budgeted sales for October = $100,000

Budgeted sales for November = $200,000

Purchase for the month of October  = ?

Calculation of Required purchase for the month of October :

Particular                                                                      Amount

Budgeted sales of October                                        $100,000

<u>Add</u><u>: Desired ending inventory($200,000 x 10%)      $20,000 </u>

<u>Total Inventory needed                                         $120,000 </u>

<u>Less</u><u>: Beginning inventory($100,000 x 10%)        $10,000</u>    

<u>Required purchase for October                                 $110,000 </u>

<u></u>

8 0
3 years ago
If a checking account has an interest rate of 1% and a government bond has an interest rate of 2%, the opportunity cost of holdi
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Answer:

the opportunity cost of holding the checking account as money is 1%

Explanation:

The computation of the opportunity cost of holding the checking account as money is shown below:

= Interest rate on the government bond - interest rate on checking account

= 2% - 1%

= 1%

Hence, the opportunity cost of holding the checking account as money is 1%

We simply applied the given formula so that the correct percentage could come

5 0
3 years ago
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