Answer:
$335,428
Explanation:
The computation of the plane operating cost is shown below:
Plane Operating Cost = Fixed cost + (Variable cost per unit × quantity) + (Variable cost per unit × quantity)
= $41,490 + ( $2,839 × 101 flights) + ($23 × 313 passengers)
= $41,490 + $286,739 + $7,199
= $335,428
We only considered the planned activity as we have to compute the plane operating cost for the planning budget
Answer:
d. Sell 210 shares and loan out the proceeds at 8 percent
Explanation:
Since the firm is using 35 percent leverage, Jamie can offset the firm's leverage by selling shares and loaning out 35 percent of her investment at 8 percent interest.
Number of shares to be sold = 600 shares * 0.35 = 210 shares
Based on the fact that the legal documents in question are to be used to incorporate the skateboard business, these are<u> Articles of Incorporation. </u>
<h3>What are Articles of Incorporation?</h3>
When a company needs to be created and registered with the government, it will need to supply certain documents that lead to its creation.
These are the Articles of Incorporation which serve as proof that a company has been registered / incorporated in a certain state.
Find out more on Articles of Incorporation at brainly.com/question/1198900.
Answer: highest positive net present value
Explanation:
Net present value is typically used by organizations in order to know the projects that will bring more profit to an organization.
Therefore, when comparing investment opportunities with approximately the same cost and risk level, choose the investment with the highest positive net present value.
Answer:
A total of $880,000 would be classifiad as a long-term liability.
Explanation:
Long-term liabilities are also known as non-current liabilities.
Long-term liabilities consist of all the liabilities that are not due within a year, in other words, that can be paid off for a period of time longer than six months.
In this case, only $20,000 of principal of a total of $900,000 are paid over the first year. The remaining principal payment of $880,000 (plus any interest), is to be paid over the next 29 years, and for this reason, these payments will be recorded in the balance sheet as long-term or non-current liabilities.
