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miv72 [106K]
2 years ago
11

The Tamarisk Heritage Centre (a not-for-profit organization providing language and arts and crafts programs for children) receiv

ed a lump-sum grant from the City of Moncton of $483,820 this year. The fixed costs of the Centre are expected to be $239,800. The average variable cost per child visit is expected to be $8.70, and the average fee collected per child visit is $3.80.What is the breakeven volume in patient visits? (Round answers to 0 decimal places, e.g. 5,125.)
Business
1 answer:
tatiyna2 years ago
4 0

Answer:

48,939 patients

Explanation:

Breakeven quantity = fixed cost / price – variable cost per unit

$239,800 / ( $8.70 - $3.80) = 48,939 patients

You might be interested in
The environmental protection agency of a county would like to preserve a piece of land as a wilderness area. The current owner h
charle [14.2K]

Answer: The answer is given below

Explanation:

Here , we are going to apply the present value of annuty formula.

a. Social Opportunity cost = $1.1 Million

The Yearly cash flows = $110,000

Time (n) = 20 years

The Discount rate (R) = 4%

Net benefits= Present value of cash inflows - the intial socail opportnity cost

Net benefits= Yearly cash flow × (1 - 1/(1+R)^n) / R - 1100000

Net benefits = 110000 × (1 - 1/1.04^20)/0.04 - (1100000)

= $394936

b. We will use the formula for present value of an annuity with the growth rate in benefits as 2 percent.

Firstly, dg= (0.04 - 0.02)/ (1+0.02)

= 0.01961

PV(benefits) = [($110,000)÷ (1+0.02)][1-(1+dg)-20]/dg]

= $1,770,045

NPV = $1,770,045 - $1,100,000= $670,045

7 0
2 years ago
In 2004, researchers Marianne Bertrand and Sendhil Mullainathan sent fictitious resumes in response to employers' help-wanted jo
Neporo4naja [7]

The results of this study indicate that employment decisions of some employers might not be status blind and could indicate illegal discrimination under Civil Rights Act of 1964.

<u>Explanation:</u>

An important act in US is The Civil Rights Act of 1964. This law came into act on 2nd July, 1964. This law has rules and regulations that are against the inequalities and discrimination that prevails in schools, public areas and also in employment areas. The inequality may be based on the gender, nationality, religion,race or color.

In the example given, the discrimination of employment occurs based on the names that belongs to white and black. It has been stated that the names related to whites will get 50% of callbacks when compared to the names of the blacks. Hence, the decisions that are taken by the employers should not be status blind  and this illegal inequalities comes under Civil Rights Act of 1964.

8 0
2 years ago
4.30 Support for casino in Toronto. In an effort
Vinil7 [7]

Answer:

a) 7% or 0.07

b) 42% or 0.42

Explanation:

Let's begin by listing out the given information:

Population = 902,

Probability distribution

Strongly support = 0.16 or 16%,

Somewhat support = 0.26 or 26%,

Mixed feelings = ?,

Somewhat oppose = 0.14 or 14%,

Strongly oppose = 0.36 or 36%

Don't know = 0.01 or 1%

a) The summation of every probability of an event (survey) is 100% ⇒ Pr (survey) = 100%

Pr (survey) = Pr [strongly support + somewhat support + mixed feelings + somewhat oppose + strongly oppose + don't know]

100 = 16 + 26 + x + 14 + 36 + 1

To obtain the probability of the 'Mixed feelings' populace, we subtract the summation of all other probabilities from 1 or 100%

x = 100 - (16 + 26 + 14 +36 + 1) = 100 - 93

x = <u>7%</u> or <u>0.07</u>

∴ the probability of the 'Mixed feelings' populace is 7% or 0.07

b) Probability of a random adult supporting is given by the summation of the probabilities of the adults who strongly support & those who somewhat support

Pr (support) = Pr (strongly support) + Pr (somewhat support)

Pr (support) = 0.16 + 0.26

Pr (support) = <u>0.42</u> or <u>42%</u>

∴ the probability that a randomly chosen adult supports the casino in Toronto is 42%

8 0
2 years ago
You are analyzing Jillian’s Jewelry (JJ) stock for a possible purchase. JJ just paid a dividend of $1.50 yesterday. You expect t
disa [49]

Answer:

A. D1 = 1.50*1.06 = 1.59

D2 = 1.59*1.06 = 1.69

D3 = 1.69*1.06 = 1.79

B. PV of D1=(1.50*1.06)/1.13^1=1.41

PV of D2=(1.50*1.06^2)/1.13^2=1.32

PV of D3=(1.50*1.06^3)/1.13^3=1.24

PV of all dividend = (1.50*1.06)/1.13^1 + (1.5*1.06^2)/1.13^2 + (1.5*1.06^3)/1.13^3

PV of all dividend = 1.59/1.13 + 1.6854/1.2769 + 1.786524/1.442897

PV of all dividend = 1.407079646 + 1.319915 + 1.238150748

PV of all dividend = 3.965145814288893

PV of all dividend = 3.97

C. PV = 27.05/(1+13%)^3

PV = 27.05/(1.13)^3

PV = 27.05/1.442897

PV = 18.74701

PV = 18.75

D. The most you should pay for it :

= (1.50*1.06)/1.13^1+(1.5*1.06^2)/1.13^2+(1.5*1.06^3)/1.13^3+27.05/1.13^3

=22.71

E. Value = (1.50*1.06)/(13%-6%)

Value = 1.59 / 7%

Value = 1.59 / 0.07

Value = 22.714286

Value =22.71

F. No, the value is not dependent on the holding period, you can see from above that the value of infinite time period estimated in E equals to the value calculated when there was 3 years holding period.

5 0
2 years ago
As a company prepares to look for talent in a particular position or group, it can evaluate the tasks needed, complete a talent
Furkat [3]

Answer:

Job analysis

Explanation:

Job analysis is a process in which a firm identifies duties, responsibilities, skills, know-how and ability needed for a particular job.

Job analysis is done when a particular job position is about to the filled. By doing job analysis, firms can ensure that only people with attributes that match the job analysis apply for the job position that is to be filled.

Conditions such as level of experience, skills, ability, technical know-how among other things are verified for the job position.

Cheers.

6 0
2 years ago
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