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Lorico [155]
1 year ago
8

(LaVilla) LaVilla is a village in the Italian Alps. Given its enormous popularity among

Business
1 answer:
garri49 [273]1 year ago
8 0

Answer:

  a) 120 skiers per day

  b) 6.25% increase in revenue

Explanation:

a) If the average skier stays 10 days, the average turnover is 1/10 of the skiers per day, or 1200/10 = 120 skiers per day.

__

b) For a stay of n days, the average skier spends ...

  50 +(n-1)30 = 20 +30n

and the average spending per day is ...

  (20 +30n)/n = (20/n) +30

So, for a 10-day stay, the average skier spends in restaurants ...

  20/10 +30 = 32 . . . . per day

And for a 5-day stay, the average skier will spend ...

  20/5 +30 = 34 . . . . per day

The change in restaurant revenue is expected to be ...

  (34 -32)/32 × 100% = 2/32 × 100% = 6.25%

Restaurant revenues will be 6.25% higher compared to last year.

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Joe decided to quit his computer-programming job (where he was earning $48,000 per year) to start his own software business. For
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Answer:

b. −1,002.5

Explanation:

economic profit = accounting profit - opportunity costs

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7 0
2 years ago
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1 year ago
Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $49,3
Leokris [45]

Answer:

Common Fixed Expense is $28,600

Explanation:

Given,

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where

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Contribution margin ratio is 25%

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Contribution = $242,000 × 25%

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Computing Income before Common Fixed Expense as:

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Computing Common Fixed Expense as:

Common Fixed Expense = Income before Common Fixed Expense - Income after Common Fixed Expense (Net Income)

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