Answer:
The strategy of total revenue under new pricing is better because it has $ 972 more than current pricing policy
Explanation:
Total revenue under current pricing per week = Average usage % * Number of golfing station* Price per hour * number of hours per day * number of days per week
= * 30 * $16 * 9 * 7
= $ 12,096
Total revenue under new pricing per week = Weekday revenue + Weekend revenue
= (Average usage % * Number of golfing station* Price per hour * number of hours per day * number of weekdays per week) + (Average usage % * Number of golfing station* Price per hour * number of hours per day * number of weekends per week)
= ( * 30 * $12 * 9 * 5) + ( * 30 * $23 * 9 * 2)
= $ 8,100 + $ 4,968
= $ 13, 068
Answer:
ALL EXCEPT PRODUCTION
Explanation:
The costs of the value chain includes: Research and Development, Design Costs, Production, Marketing, Distribution and Customer Service.
The costs of the value chain are expensed in the current year income statement because they majorly (except production costs) fall under the category called periodic costs.
Periodic costs are costs that are more aligned with the passage of time than directly traceable to units of a product or event. Another major difference between product costs and period costs is that product costs can only be incurred when the products have been acquired or manufactured, while periodic costs will apply when the goods have not been acquired or produced yet, or as aforementioned, are associated with the passage of time.
In the light of above definition, all costs within the value chain are expensed as periodic costs with the exception of production costs which obviously are product costs.
Answer:
All of the above are included
Explanation:
Cash and cash equivalents are the current assets that are regarded as the most 'liquid' compared to any other assets. Cash equivalents can easily be converted into cash and used to make quick payments.
In general , Any type of securities that can be converted into cash within 90 days or less usually can be considered as cash-equivalents.
- Ceritifcate of Deposit can be converted into cash at any time you want. But you will have to pay for fine if you do it before maturity.
- Most Time Deposits can be converted into cash within 30 days
- 4-week US treasury bills can be converted into cash within 4-weeks.
I<span>n this problem, the market net worth of the stocks of Tangshan mining is $5,000,000 (100,000 shares x $50.00 per share). The stock split would not affect the price of the stock. This transaction would only affect the number of shares of the company. Since this is a 3-for-2 stock split, this is clearly a split </span>up.<span> Therefore, this transaction would increase the number of shares while reducing its price per share. The shares would become 150,000 shares now ({100,000 shares/2} x 3). To get the current price of the share, you just need to divide $5,000,000 by the new number of shares which </span>is<span> 150,000 shares. You would then get $33.33 per share.</span>
A symmetric, bell-shaped frequency distribution that is completely defined by its mean and standard deviation is the<u> normal distribution.</u>
A symmetrical distribution about the mean, such as the normal or Gaussian distribution, indicates that data points closer to the mean occur more frequently than data points further from the mean.
The normal distribution is represented graphically by a bell curve. A bell curve of probabilities is more properly known as the normal distribution. The standard deviation is one and the mean is zero in a normal distribution. Its kurtosis is 3, and its skewness is 0. Not all symmetrical distributions are normal, but all normal distributions are symmetrical. The normal distribution can be thought of as a rough approximation of many naturally occurring events. However, most price distributions in finance are not normally distributed.
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To know more about normal distribution refer to:
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