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Bezzdna [24]
4 years ago
14

An airline has 365 planes. Each plane requires routine preventative maintenance for which it is taken out of service and sent to

airline's maintenance facility for 5 days. 40 percent of the planes require 2 routine preventative maintenance per year, and 60 percent of planes require 4 routine preventative maintenance per year.
What is the average per year flow rate of planes to the maintenance facility?

a. 1460 planes/year
b. 730 planes/year
c. 1095 planes/year
d. 1168 planes/year
Business
1 answer:
Yanka [14]4 years ago
7 0

Answer:

D. 1168 planes/year

Explanation: Flow rate is a term used to describe the amount of a material or a particle or an equipment or a machine that enters into a given place or system in a given period of time.

The average flow rate per year of the planes into the maintenance facility is calculated as follows

Number of planes requiring 2times yearly maintenance is 40% which

is equal to (40÷100)*365planes=146planes.

The number of planes requiring 4times routine maintenance is equal to 60% which is equal to (60÷100)*365planes=219planes.

THE FLOW RATE FOR THOSE REQUIRING TWO TIMES ROUTINE MAINTENANCE WILL BE 146PLANES*2=292 FLOW RATE.

THE FLOW RATE FOR THOSE REQUIRING FOUR TIMES ROUTINE MAINTENANCE WILL BE 219PLANES*4=876PLANES

TOTAL AVERAGE FLOW RATE PER YEAR WILL BE EQUAL TO 292PLANES + 876PLANES=1168PLANES PER YEAR.

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Determine whether the statement describes a descriptive or inferential statistic. a recent poll of 2707 home owners in michigan
jolli1 [7]

The average price of a house in the u.s. is $265,000. this statement describes an Inferential Statistic.

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4 0
2 years ago
For each of the annual inflation rates given in the following table, first determine the new price of a movie ticket, assuming i
Mazyrski [523]

Answer:

  see below

Explanation:

The balance in Lucia's account is 1.05 times the original deposit, reflecting addition of 5% interest for the year.

The ticket price is the original price multiplied by (1 + inflation rate). The number of tickets that Lucia can purchase is the account balance divided by the ticket price. The quotient is rounded down to the nearest integer.

The "real interest rate" is the percentage change from the original number of tickets that could be purchased.

6 0
3 years ago
When the _____ value of debt is the same as its face value, it is said to be selling at _____ value.
Allushta [10]

Answer:

When the <u>market</u> value of debt is the same as its face value, it is said to be selling at <u>par</u> value.

Explanation:

Face value and par value is same. When market price of the bond is same as the face value of the bond it is said that this debt is trading on its par value. Par or face value is the value on which bond is initially issued and the value mentioned on the face of the bond. So, When the <u>market</u> value of debt is the same as its face value, it is said to be selling at <u>par</u> value.

8 0
4 years ago
Aaron Lynch Company has the following balances in selected accounts on December 31, 2019.
hichkok12 [17]

Answer:

The adjusting entries are sufficiently explained in the explanations below. Thank you.

Explanation:

The question is to determine the adjusting entries that are required for the accounts of Aaron Lynch Company for 31 Dec,2019

1) Paid $2,700 for 12 Months insurance cover in June, 2019

Insurance cover for 2019 = 7 monhts (June - Dec)/12 x $2,700= $1,575

Prepaid Insurance for 2020 = 5/12 x $2,700 = $1,125

2)Service Fee Collected for Consulting Services Dec 1, 2019 - March 31,2020

Service Fee for 2019 = 1 months/ 4 Months x $40,000 = $10,000

Unearned for 2020 = 3/ 4 months x $40,000 = $30,000

3)$900 woth of supplies are on hand

This is supply expenses

Based on these calculations, the adjusting journal entries are as follows

Date                                    Description               Debit            Credit

December, 31, 2019          Prepaid Insurance     1125

                                       Insurance Expense                          1,125

Being the record of Prepaid insurance for 2020

December, 31, 2019          Service Revenue      30,000

                                       Unearned Service Revenue             30,000

Being the record of unearned service revenue up till march,  2020

December, 31, 2019          Supplies                        900

                                       Supplies Expense                              900

Being the record of service revenue on hand December 31, 2020

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