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
HACTEHA [7]
3 years ago
11

A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime location near

Washington, D.C. They estimate it will cost $50 per prisoner to process the paperwork at this new location. The county is paid a $75 commission for each new prisoner they process. What would be the county's annual profit if they were to process 4,000 prisoners per year at this new location
Business
1 answer:
Fudgin [204]3 years ago
3 0

Based on the information given  the county's annual profit if they were to process 4,000 prisoners per year at this new location is $50,000.

Annual profit=Total revenue-Total cost

Where:

Total revenue=(4,000×$75)=$300,000

Total cost=[(4,000×$50)+$50,000]=$250,000

Let plug in the formula

Annual profit=(4,000×$75)-[(4,000×$50)+$50,000]

Annual profit=$300,000-($200,000+$50,000)

Annual profit=$300,000-$250,000

Annual profit=$50,000

Inconclusion  the county's annual profit if they were to process 4,000 prisoners per year at this new location is $50,000.

Learn more here: brainly.com/question/13308210

You might be interested in
The balance sheet of Hidden Valley Farms reports total assets of $450,000 and $550,000 at the beginning and end of the year, res
hoa [83]

Answer:

Hidden Valley's Asset Turnover = 1.6

Explanation:

Average Total Asset = (Total Assets at the beginning of the year + Total Assets at the end of the year)/2

Average Total Asset = (450,000+550,000)/2

Average Total Asset = 1,000,0000/2 = 500,000

Asset Turnover = Net Sales / Average Total Asset

Asset Turnover = 800,000/500,000

Asset Turnover = 8/5

Asset Turnover = 1.6

7 0
3 years ago
Read 2 more answers
Describe the difference between cost of goods and operating expenses.
MrRissso [65]

Both operating expenses and cost of goods sold (COGS) are expenditures that companies incur with running their business. However, the expenses are segregated on the income statement. Operating expenses and COGS measure different ways in which resources are spent in the process of running a company.

8 0
3 years ago
Paula Boothe, president of the Armange Corporation, has mandated a minimum 10% return on investment for any project undertaken b
Vlad1618 [11]

Answer:

Residual income= $36,000

Explanation:

Residual income is the income that is generated in excess of the minimum required rate of return, which in this case is 10%. Any income above 10% return is considered as residual income. In this case the investment is 1,800,000 and 10% of that is 180,000 (0.1*1,800,000). So any income made above $180,000 will be residual income. In order to find the residual income we subtract the minimum income required from the actual income.

In this case the minimum income required is 180,000 and the actual operating income is 216,000 so residual income=

216,000-180,000= $36,000

4 0
3 years ago
________ suggests repeated exposure to TV commercials, or low involvement information processing, induces purchase decisions bef
Mariana [72]

Answer:Passive learning

Explanation:Passive learning can be described as students taking part in course elements that include solely the taking in of information. Examples of this include: reading, listing to a lecture, watching a video, and looking at pictures or PowerPoints. Students learn at the level by taking in the information presented.

It is the process used by an agent to learn the automaton representing the behavior of a different system when he has no control over the inputs supplied to an automaton. In this case the agent is a passive observer of the behavior of the system without interacting with it.

3 0
3 years ago
Which of the following statements is correct?
kkurt [141]
Bonds are a form of a debt captial
3 0
3 years ago
Read 2 more answers
Other questions:
  • When configuring a group of radio button form controls, the value of the ________ attribute on each radio button must be the sam
    6·1 answer
  • Tablet Tailors sells tablet PCs combined with Internet service, which permits the tablet to connect to the Internet anywhere and
    9·1 answer
  • Who among the following is an operational leader? a. Joanna, who is firm and dependable with respect to delivering results b. Ke
    7·1 answer
  • An estimate based on an analysis of receivables shows that $790 of accounts receivables are uncollectible. the allowance for dou
    15·1 answer
  • Which types of teams most are appropriate when the primary goal is innovation and the organization needs flexibility to cope wit
    12·1 answer
  • Research from the 1970s to the 1990s found that over 90 percent of a fund's returns over time is explained by
    14·1 answer
  • Under what circumstance might a certification authority (CA) revoke a certificate?
    14·1 answer
  • Page 378 10.2. What efforts were made in this period to strengthen the economic integration of the nation, and what major crises
    6·1 answer
  • Differentiate between bad debt and doubtful debt​
    8·1 answer
  • _______ is considered the marketspace that bring lenders and borrowers together.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!