Im sure that it’s A, X = 2
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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The table in the attached figure
complete the table
Part 1) Genderwe have
a) Men------> Male
b)]Women----> Female
Part 2) Foodwe have
a) Male------> pizza
b)]Female----> <span>sandwiches
Part 3) Headcount</span>we have
a) Male------> pizza-----> 8
b)]Female----> sandwiches-----> 10
see the complete table in the attached figure N 2
To see if these ratios make a proportion let us first change them into fractions
= 4:10 = 4/10 = 4 ÷ 2 / 10 ÷ 2 = 2/5
= 6:15 = 6/15 = 6 ÷ 3 / 15 ÷ 3 = 2/5
= Since both these ratios are getting simplified into a same fraction , they are proportional .
Therefore , 4 : 10 :: 6 : 15 ( 4 : 10 is proportional to 6 : 15 )
