Answer:
<u>Yes, the outdoor ice skating rink should be installed.</u>
Step-by-step explanation:
We can reach this conclusion after simulating the profit for each possible scenario made by The US weather service estimates:
<u>For 80-day suitable weather per year:</u>
- total invested capital =<u> </u>$950,000 + $200,000 (total operating and maintaining cost) = $1,150,000
- per day revenue= 500 x $20 = $10,000
- total revenue per season = $10,000 x 80 days = $800,000
- total operating and maintaining cost = $2,500 x 80 = $200,000
- total profit (returns) in a season = $800,000-$200,000<u> = $600,000</u>
- per year rate of return before taxes = 52% (total profit / total invested capital *100; $600,000/$1,1150,000 *100 = 52%
<u>For 100 days suitable weather per year:</u>
- total invested capital =<u> </u>$950,000 + $200,000 (total operating and maintaining cost) = $1,150,000
- per day revenue= 400 x $20 = $8,000
- total revenue per season = $8,000 x 100 days = $800,000
- total operating and maintaining cost = $2,500 x 100 = $250,000
- total profit (returns) in a season = $800,000-$250,000<u> = $550,000</u>
- per year rate of return before taxes = 52% (total profit / total invested capital *100; $550,000/$1,1150,000 *100 = 47%
<u>For 120 days suitable weather per year:</u>
- total invested capital =<u> </u>$950,000 + $200,000 (total operating and maintaining cost) = $1,150,000
- per day revenue= 300 x $20 = $6,000
- total revenue per season = $6,000 x 120 days = $720,000
- total operating and maintaining cost = $2,500 x 120 = $300,000
- total profit (returns) in a season = $800,000-$250,000<u> = $420,000</u>
- per year rate of return before taxes = 52% (total profit / total invested capital *100; $420,000/$1,1150,000 *100 = 58%
Threfore, we notice that the 22% per year rate of return before taxes criteria was met in each of the possible scenarios, making the endeavor worthwhile.
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Answer:
Chelsea's guess of 85 plastic animals had a percent error of 2.29%.
Aziz's guess must have been 722
gumballs or 798
gumballs since his guess had a percent error of 5%.
<u>Step-by-step explanation:</u>
Number of plastic animals in a jar = 87
Chelsea's guess of number of animals = 85
Difference = 87 - 85
Hence, error percentage of Chelsea's guess = 2/87 * 100
= 2.29%
Number of gumballs = 760
Error percentage = 5%
Difference between number of gumballs and Aziz's guess = 760 * 0.05
= 38
Hence, Aziz's guess for number of gumballs = 760-38 (or) 760+38
= 722 (or) 798
Answer:
Choose date
Step-by-step explanation:
Choose any date so you could go to school face to face on that date
Answer:
14
Step-by-step explanation:
So, if x is length, then x*x*8 is 1568. To solve, you do 1568/8, which gives you 196. The square root of 196 is 14, and 14*14*8 is 1568.
Answer:
1/3
Step-by-step explanation:
2/6 means that 2 out of the 6 tills have comfy seats. 2/6 simplified is 1/3
