1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Digiron [165]
3 years ago
5

A local charity has been given a grant to serve free meals to the homeless in its community, but it is worried that its program

might be exploited by nearby college students who are always interested in a free meal. both a homeless person and a college student receive a payoff of 10 for a free meal. the cost of standing in line for the meal is m2 400 for a homeless person and m2 250 for a college student, where m is the number of minutes spent waiting in line. assume that the staff of the charity cannot observe the true type of people coming for free meals.
a. what is the minimum wait time, m, that will achieve separation of types?
Business
1 answer:
Elis [28]3 years ago
6 0
Homeless: 
10 – t^2 /320 > 0
10 > t^2 /320
3200 > t^2 
t < 40√2 = 56.6 
College students: 
10 – t^2 /160 > 0
10 > t^2 /160
1600 > t^2 
t < 40
Wait time would have to be at least 40 minutes to prevent college students from waiting.
You might be interested in
Briefly explain one of the parts of henry clay's proposed american system, a comprehensive plan to bring about economic improvem
Ivanshal [37]
<span>One part of Henry Clay's proposed American system to bring about economic improvement included support for a high tariff, the intent of which was to protect American industries while also generating revenue for the federal government.</span>
3 0
2 years ago
Zenon Inc. has the following taxable income: U.S. source income $ 1,900,000 Foreign source income 240,000 Taxable income $ 2,140
Colt1911 [192]

Answer:

The income tax is $81,600

Explanation:

In this question, we are asked to compute the foreign tax income for Zenon Inc assuming the foreign source income does not qualify as FDII

To compute this, we employ a mathematical approach.

Mathematically,

The income paid by Zenon Inc = Foreign credit Tax limitation * Foreign source income/taxable income

We identify the parameters in the equation as follows;

Foreign tax limitation = Taxable income * tax rate

Where the tax rate for the US is 34% or simply 0.34

Foreign tax limitation = 0.34 * 2,140,000 = $727,600

Foreign source income = $240,000

Taxable income = $2,140,000

Income paid = 727,600 * 240,000/2,140,000 = $81,600

5 0
3 years ago
On January 1, 2018, Baddour, Inc., issued 10% bonds with a face amount of $168 million. The bonds were priced at $147.2 million
bagirrra123 [75]

Answer:

(A)Balance sheet

Bonds at September 30th

Bonds Payable      168,000,000

Discount on Bonds  (20,152,000)

Interest Payable       12,600,000

Net                          160,448,000

(B) Income Statment

Interest Expense 13,248,000

(C)Cash Flow Statment

Financing

Cash generate for Bonds issued 147,200,000

Explanation:

Jan 1st, 2018 168,000,000 face value

Issed at 147.2M for an effective rate of 12%

Discount of 20.8M

Bonds at September 30th

<em>accrued interest expense:</em> 147,200,000 x 12% x 9/12 = 13,248,000

<em>interest payable: </em>168,000,000 x 10% x 9/12 = 12,600,000

<em>amortization of Discount:</em> 648,000

7 0
3 years ago
Felix Corp. is a cookware manufacturer. It conducts market testing for a new appliance. JK Corp., a competitor of Felix, reduces
cupoosta [38]

Answer:

This practice is called JAMMING.The answer is D.

Explanation:

7 0
3 years ago
Lister Corporation has provided the following contribution format income statement. Assume that the following information is wit
g100num [7]

Answer:

(A) $420.00

Explanation:

We know that,

The net income = Sales - variable cost - fixed expense

Since, the sales units are increased by 40 units, so new sales units is 3,040 units

So, the sale per unit equals to

=  Total sales ÷ number of units

= $90,000 ÷ 3,000 units

= $30

So, the new sales

= Sales units × selling price per unit

= $3,040 × $30 = $91,200

The variable cost = Sales units × variable cost per unit

where,

Variable cost per unit =   Total variable cost ÷ number of units

= $58,500 ÷ 3,000 units

= $19.5

So, the new variable cost equals to

= 3,040 units × $19.5

= $59,280

And the fixed expense would remain the same

So, the net income would be equal to

= $91,200 - $59,280 -  $21,-00

= $10,920

The net income given is $10,500

So, the difference equals to

= $10,920 - $10,500

= $420

7 0
3 years ago
Other questions:
  • Help me out here, for economics
    13·1 answer
  • Owen Cartwright has joined a real estate syndicate that bought an office building in downtown Orlando, Florida. What type of inv
    10·2 answers
  • HELP ASAP!
    14·1 answer
  • A fall in the price of a product might cause a household to shift its purchasing pattern away from substitutes toward that produ
    5·1 answer
  • HELP Question 3: To determine gross profit, A:subtract the cost of goods sold from sales.
    9·2 answers
  • g each collectible ship requires one pint of high-quality paint at a cost of $25 per pint. considering increasing the selling pr
    12·1 answer
  • You plan to save $6,500 per year for the next 8 years. After the last deposit, you will keep the money in the account for 6 more
    11·1 answer
  • Bearcat Construction begins operations in March and has the following transactions.
    11·1 answer
  • Biện chứng khách quan là gì?
    9·1 answer
  • Flintstone Enterprises prepared the following cash budget for June: Cash receipts: $312,000 Cash disbursements: $274,000 Short-t
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!