Answer:
b. Zone of service
Explanation:
The restaurant is capable of serving 138 customers per hour, and the average demand was 94 customers per hour. That means that the average demand is located with in the zone of service. If hte demand was higher than the restaurant's capacity, then it would be considered critical zone.
Answer:
Monthly payments = $1845.65
Explanation:
Rate = 0.08/12 = 0.0067
Nper = 20*12 = 240
Pv = $220,000
Fv = $0
Type = Ending (0), Beginning (0)
Monthly payments = PMT(rate, nper, -pv, -fv, type)
Monthly payments = PMT(0.0067. 240, -220,000, -0, 0)
Monthly payments = 1845.648653
Monthly payments = $1845.65
Answer:
4, 992,000 shares
Explanation:
Amount that need to be raised: $600
flotation cost 4 percent:
Actual flotation cost: =4/100 x $600
=0.04 x $600
=$24 million
Total amount that must be arise = $600 +$24
=$624
Value per share $125
Number of shares need to raise $624million = $624,000,000/$125
=4, 992,000 shares