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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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The modern state and its economic and infrastructure developments allowed people to travel more freely, necessitating language s
Mamont248 [21]

Answer:

An increasing sense of national identity

Explanation:

The modern economy is now becoming a global village where the internet has made communication very easy, and better infrastructure fro travelling also encouraged the global nature of the economy today.

There is an increasing sense of national identity where country borders are becoming less relevant. There is the need for language standardisation to ease communication gaps.

5 0
3 years ago
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If Gerry makes a deposit of $1,500 at the end of each quarter for five years, how much will he have at the end of the five years
Basile [38]

Answer:

The Final Value is $40,305.56

Explanation:

Giving the following information:

Gerry deposits $1,500 at the end of each quarter for five years.

Interest rate= 12% quarterly compounding

To calculate the final value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= quarterly deposit= 1,500

i= 0.12/4= 0.03

n= 5*4= 20

FV= {1,500*[(1.03^20)-1]} / 0.03

FV= $40,305.56

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3 years ago
Which of the following is a limitation of the planning process at Wirecard? Check all that apply.
jonny [76]
Try D that makes more sense
7 0
3 years ago
Waterways has a sales mix of sprinklers, valves, and controllers as follows.
siniylev [52]

Answer:

A.

Sales Mix is 23 : 74 : 3

B.

$567.17

C.

sprinklers = 95,726 units

valves  = 303,826 units

controllers = 12,486 units

Explanation:

the sales mix based on unit sales for each product

sprinklers = 460,000 units

valves  = 1,480,000 units

controllers = 60,000 units

this can then be expressed as :

460,000 : 1,480,000  : 60,000

expressed in lowest terms as :

23 : 74 : 3

the weighted-average unit contribution margin for these three products.

weighted-average unit contribution margin is the sum of contribution per units with the mix applied to each contribution margin.

unit contribution margin are

sprinklers = $12.54

valves  = $3.25

controllers = $12.75

weighted-average unit contribution margin =  $12.54 x 23 + $3.25 x 74 + $12.75 x 3 = $567.17

the break-even point in units for these products

break-even point in units = Fixed Cost ÷ Contribution per unit

                                          = ($760,000 + $1,600,000) ÷ $567.17

                                          = 4,162 units

Multiplying this with each mix we have :

sprinklers = 95,726 units

valves  = 303,826 units

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6 0
2 years ago
Cullumber Corp. paid a dividend of $2.44 yesterday. The company’s dividend is expected to grow at a steady rate of 5 percent for
Y_Kistochka [10]

Answer:

The market price is $12.81 per share.

Explanation:

The price of the stock today can be calculated using the constant growth model of DDM as the dividends are expected to grow at a constant rate. The formula to calculate the price of the stock under constant growth model is,

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P0 = $12.81

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