Answer: 3 customers.
Explanation:
Given the following :
Arrival rate of customers = 3 customers per minute
Service time = 14 seconds
Then if service time is 14 seconds, the service rate per minute will be 60/14 = 4.29 = 4 (nearest whole number)
Service rate = 4 customers per minute.
Number of customers at coffee urn(Nc) :
Nc = (arrival rate) /(service rate - arrival rate)
Nc = (3) / (4 - 3)
Nc = 3 / 1
Nc = 3
Therefore, average number of customers expected at coffee urn = 3
Answer:
I would be willing to pay $ 32.83 for each share of Johnson Enterprises
Explanation:
The price per share= next year dividend/required rate of return-growth rate
next year dividend is $3.25
required rate of return is 15%
dividend growth rate in perpetuity is 5.1%
share price=$3.25/(15%-5.1%)
share price =$3.25/9.9%
share price=$3.25/0.099
share price=$ 32.83
The share can be sold today for $ 32.83 ,which is the present value of dividends payable in perpetuity(forever)
Answer:
A. $6,200
Explanation:
We multiply the taxable wages by the tax rate of each tax.
FICA 80,000 x 7% = 5,600
Unemployment 20,000 x 3% = 600
This will be share of Cado in the payroll taxes. 6,200
The total taxes, would include the employee FICA. but we aren't asked for that. Just for the employee
Answer:
----Either similar or identical products --------Difficult entry
----Mutual interdependence
Explanation: An Oligopolistic market is a market characterized by few sellers of large firms who sell either similar or differentiated products. Here, Each firm is mutually interdependent as any action from any firms influences the actions of the rest of the competing firms , therefore decisions are made using strategic planning and consideration as competing firms are ready to counter react to any change in any new market action.
Market entry is difficult Because of the already established customer base of the successful operating firms dominating the market.Also venturing into the market requires high capital, technology or additional government licences. Examples of Oligopolistic firms are oil and gas firms, airlines, mass media etc
Income statement financial statement is prepared last. An income statement is a financial statement that lists the revenue and expenses of the company. Additionally, it displays a company's profit or loss over a specific time frame. You may better comprehend your company's financial situation by comparing the income statement to the balance sheet, cash flow statement, and cash flow forecast.
An income statement displays the revenues, costs, and profitability of a business over time. It is also sometimes referred to as an earnings statement or a profit-and-loss statement. One of the more crucial financial figures you might examine for a company is the income statement.
To learn more Income statement, click here.
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