First, calculate for the total operating cost of the park through the equation,
TC = TV + TF
where TC is the total cost,
TV is the total variable cost which is equal to the product of the variable cost per visitor and number of visitor, and
TF is the total fixed cost.
Substituting the known values,
TC = ($15)(1,750,000) + $60,000,000 = $86,250,000
Then, the total revenue is the product of the cost of ticket and the number of visitors.
TR = ($50/visitor)(1,750,000 visitors) = $87,500,000
Subtracting the two values will give us an answer of $1,250,000.
ANSWER: $1,250,000
Any type of government-funded program, such as health care, social assistance, unemployment benefits, payments to banks, and national military, can have an impact on government spending.
What is government?
The term "Government" is legal authority or system which is controlled by office, public sector, country and state.
The government's main objectives are to increase the macroeconomic supply side, which includes spending on things like education, health care, and training to increase labor productivity as well as providing subsidies to help people financially.
Government spending has a negative impact on the economy because it drives inflation by raising living expenses through subsidies. Demand is artificially raised by government subsidies.
As a result, factors including health, social services, unemployment benefits, etc. may have an impact on government spending.
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Answer: 7%
Explanation:
Given data:
P = $5,000
r = ?
t = 40years
i = $1,000,000
Solution:
NFW = 0 = -$5000 ( F/A , i , 40 ) + $1,000,000
( F/A , i , 40 ) = $1,000,000 / $5,000
= 200
From compound interest table
( F/A , 7% , 40 ) = 199.636
Therefore the return for the investment would be 7%
There are different aspect to being a broker. To whom do the listings belong is Carter as the principal broker.
<h3>Who is principal broker?
</h3>
- Note that in real estate office, there has to be a principal or designated broker. This is known to be an individual who is responsible for managing or the person who oversees all licensed real estate agents at a specific firm.
He or she makes sure that agents are working in compliance with state and national real estate law. Based on the scenario between Carter and Kathleen and Holly, the listings belong is Carter as the principal broker.
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Answer: Barry must include $6,000 in gross income from discharge of indebtedness
Explanation:
Feom the question above, we are told that Barry embezzled $6,000 from his employer and that even though his employer discovered the theft, the employ did not fire him and told him that he did not have to repay the $6,000 if he attend Alcoholics Anonymous. Barry met the conditions and the employer canceled the debt.
In this case, Barry will have to include the $6,000 he stole in gross income from discharge of indebtedness. The gross income has to do with the sum of the wages, profits, salaries, rents, interest payments, and every other earnings, before the deductions of taxes or other deductions. Since Barry stole the money and.he.has been forgiven, the $6,000 has to be included in the gross income from discharge of indebtedness.