A large, profitable commercial airline company flies 737 type aircraft each with a max seating capacity of 132 passengers. compa
y literature states that the economic breakeven point with these aircraft is 62 passengers.
A.) draw a conoceptual graph to show the total revenue and total costs that this company is experiencing
B.) identify three types of fixed costs that the airline should carefully examine to loer its breakeven point. explain your reasoning
C.) identiry three types of variavble costs that can possivly be reduced to lower the breakeven point. why did you select these cost items?
A.) draw a conoceptual graph to show the total revenue and total costs that this company is experiencing
B.) identify three types of fixed costs that the airline should carefully examine to loer its breakeven point. explain your reasoning
C.) identiry three types of variavble costs that can possivly be reduced to lower the breakeven point. why did you select these cost items?
1 answer:
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Answer: $66,740.82
Explanation:
Formula to find the accumulated amount if compounded continuously :
, where P= principal invest
t = time
r= rate of interest.
Given : A= $84,000 , r= 4.6% = 0.046 , t=5 years
Hence, the amount need to invest = $66,740.82