What is the line manger

The lakeshore hotel's guest-days of occupancy and custodial supplies expense over the last seven months were: month guest-day of

Law Incorporation [45]

Answer:

cost formula: Total cost = F + (V x Q) = $4,500 + ($0.75 x Q)

F = fixed costs = $4,500
V = variable costs = $0.75 per guest day
Q = number of guest days

Explanation:

month occupancy supplies expenses

march 4,000 $7,500

april 6,500 $8,250

may 8,000 $10,500

june 10,500 $12,000

july 12,000 $13,500

august 9,000 $10,750

september 7,500 $9,750

high activity level 12,000 $13,500

low activity level 4,000 $7,500

variation 8,000 $6,000

variable cost per guest-day = $6,000 / 8,000 = $0.75

fixed costs per month = $13,500 - (12,000 x $0.75) = $4,500

cost formula: Total cost = F + (V x Q)

F = fixed costs = $4,500

V = variable costs = $0.75 per guest day

Q = number of guest days

3 0

3 years ago

ABC Company has completed the basic format to be used in preparing the statement of cash flows (indirect method). Listed below i

Wewaii [24]

Answer:

1. b. $1,198 Inflow

2. a. $2,143 outflow

3. a. $1,587 Inflow.

Explanation:

Determination of net cash provided by operating activities

$

Cash flow from Operating Activities

Net income 1,878

Adjust for :

Depreciation expense 184

Decrease in inventory 253

Increase in prepaid rent (75)

Increase in accounts receivable (530)

Increase in accounts payable 160

Gain on sale of land (136)

Net cash provided by operating activities 1,734

Determination of net cash provided by Investing activities

$

Cash flow from Investing Activities

Purchase of equipment (2,210)

Cash received from the sale of land 67

Net cash provided by Investing activities (2,143)

Determination of net cash flow by financing activities

$

Cash flow from Financing Activities

Payment of dividends (360)

Issuance of common stock 2,440

Repayment of notes payable (493)

Net cash flow by financing activities 1,587

3 0

3 years ago

Space Fuel Inc. is considering establishing a new propellant depot to provide space vehicles a refueling point in their trek to

schepotkina [342]

Answer:

NPV = $55,894.45

Explanation:

the initial outlay of the project is $200,000

the salvage value is $10,000

useful life 10 years

annual costs $9,000

annual savings $50,000

luckily there are no taxes in space

we must determine the effective interest rate in order to be able to discount the future cash flows

(1 + 0.0478/6)¹² - 1 = 9.99%

the net cash flow per year (for years 1 - 9) = $50,000 - $9,000 = $41,000

net cash flow for year 10 = $41,000 + $10,000 = $51,000

using a financial calculator, the NPV = $55,894.45

7 0

3 years ago

What is an industrial good?

zloy xaker [14]

Industrial goods are materials used in the production of other goods, while consumer goods are finished products that are sold to and used by consumers. ... They are made up of machinery, manufacturing plants, raw materials, and any other good or component used by industries or firms. In economics, goods are items that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product. A common distinction is made between goods which are transferable, and services, which are not transferable.

4 0

3 years ago

What is the major difference between corporations and other kinds businesses?

BartSMP [9]

Answer:

A corporation is a separate entity apart from that of the owners. A corporation is not responsible for its debts if it fails. A corporation is much larger than other kinds of businesses.

Explanation:

6 0

3 years ago

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