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Answer:
40 persons
Explanation:
Given:
Total cost of trip = $560
Number of people Decide not to go = 5 people
raise cost = $2
Assume:
Number of people wants to go = a
Cost per person = b
So, a x b = $560 , b= 560/a
After people decided not to go ,
Total number of people = (a-5)
New cost = (b+2)
So , total cost = (a-5)(b+2) = $560
ab +2a -5b -10 = 560 , where ab = $560
2a -5b = 10
2a -5b = 10
By putthing value of b
2a - 5 (560/a) = 10
2a - (2800 / a) = 10
2a² - 2800 = 10a
2a² -10a - 2800 = 0
a= 40
Total 40 persons wants to go.
Answer:
$5.73
Explanation:
The computation of the price of the put is shown below:
= Price of the corresponding call option - current price of put option + exercise price ÷ ( 1 + effective annual risk-free rate of interest) ^ number of months ÷ total months in a year
= $4.20 - $46 + $48 ÷ ( 1 + 0.04) ^ 3 months ÷ 12 months
= $4.20 - $46 + $48 ÷ 1.0098534065
= $4.20 - $46 + 47.5316513156
= $5.73
The Roll up project budget method is used to cover cost changes for a project,
The roll up budget method is used to measure and identify the money inflow and outflow of the particular project. The roll-up budget is a technique that uses expertise to determine cost and productivity throughout the full life-cycle of projects.
The roll up budget method is also called continuous budgets. Based on the project, it is updated monthly or quarterly or annually. These budgets enlarge incrementally as time passes,
Rolling up the budget helps to achieve flexibility in their planning process plus decision-making,
This impact on changing market conditions, business disruptions, and unforeseen opportunities with greater liveliness.
Perform more effective performance management by re-aligning, spending and resource allocation at regular intervals to compete in the business environment and improve viable benefits.
To learn more about Project Budgeting
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Answer: $19,000
Explanation:
Given that,
Service Revenue = $10,000
Cash = $12,000
Accounts Receivable = $3,000
Office Supplies = $4,000
Rent Expense = $2,000
Salaries Expense = $1,200
Utilities Expense = $800
Accounts Payable = $3,200
Amount of total Assets = Cash + Accounts Receivable + Office Supplies
= $12,000 + $3,000 + $4,000
= $19,000
