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jasenka [17]
2 years ago
9

Pamela cantu operates a school foodservice department in a small, rural community. She feeds approximately 1,000 students per da

y in three different locations. She receives an average of $1.20 in revenues per meal. Her budget, set at the beginning of the school year by the superintendent, is developed in such a way that a small amount is to be reserved for future equipment purchases and dining-room renovation. These funds are available, however, only if pamela meets her budget. She hopes to use this year's reserve (profit) to buy a $5,000 refrigerated salad bar for the high school. Because it is the midpoint of her school year, help her determine her "performance to budget" thus far (fill in all blanks).

Business
1 answer:
vaieri [72.5K]2 years ago
3 0

Please find full question attached

Answer and Explanation:

Please find full answer and explanation attached  

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A department store chain is expanding into a new market, and is considering 16 different sites on which to locate 5 stores. assu
lesya692 [45]

We can find the number of ways by multiplying the amount of possibility each store can have.

For store 1, it can be placed on 16 sites. Store 2 can be placed on 15 sites (since store 1 is already on site 1). Store 3 can be placed on 14 sites and so on until store 5 which has 12 sites.

Therefore the number of ways is:

C = 16 * 15 * 14 * 13 * 12

<span>C = 524,160 possibilities</span>

3 0
1 year ago
Samson's purchased a lot four years ago at a cost of $398,000. At that time, the firm spent $289,000 to build a small retail out
vladimir1956 [14]

Answer:

initial cash flow is 2,929,000

Explanation:

Attached is the table

3 0
2 years ago
An investment project has annual cash inflows of $2,800, $3,700, $5,100, and $4,300, for the next four years, respectively. The
lubasha [3.4K]

Answer:

Discounted payback period = 1.89 years

Explanation:

If Initial cost is $5,200

Year  Cash flow   Present value   Present value      Discounted

                                 at 11%                                       Cumulative cash flow

0          -5,200             1                      -5,200              -5,200

1            2,800           0.9009             2,523               -2,677

2           3,700           0.811                  3,003                326

3            5,100           0.73126              3,729                4,055

4            4,300          0.6587               2,833                6,887

Discounted payback period = 1 + (2,667/3003)

=1.89 years

Working

PV= (1+i)^-n

i= 11%, n= respective years 0,1,2,3,4

6 0
1 year ago
Haroldsen Corporation is considering a capital budgeting project that would require an initial investment of $350,000. The inves
rjkz [21]

Answer:

The correct answer is option C.

Explanation:

Giving the following information:

The initial investment of $350,000. The investment would generate annual cash inflows of $133,000 for the life of the project, which is 4 years. At the end of the project, equipment that had been used in the project could be sold for $32,000. The company’s discount rate is 14%.

We need to use the following formula:

NPV= -Io + [Cf/(1+i)^n]

Io= 350,000

1= 133,000/1.14

2= 133,000/1.14^2

3= 133,000/1.14^3

4= 165,000/1.14^4

NPV= $56,470.31

3 0
2 years ago
Read 2 more answers
A certain type of computer costs $1,000, and the annual holding cost is 25% of the value of the item. Annual demand is 10,000 un
belka [17]

Answer:

The approximate economic order quantity is 110 units.

Explanation:

A = annual demand = 10,000 units per year

C = unit cost of pot = $1000

S = Ordering cost per order = $150

I = Annual carrying cost (%) = 25% of unit cost

H = Annual carrying cost ($) = 0.25*C

   = 0.25*$1000

    = $250 per unit per year

Optimal order quantity is obtain from the EOQ formula.

Economic Order Quantity (EOQ) is given as follows:

Q = \sqrt{\frac{2*A*S}{H}}

Q = \sqrt{\frac{2*10,000*150}{250}}

Q = \sqrt{\frac{3000000}{250}}

Q = \sqrt{12000} = 109.545

Q = 110 units per order

Therefore, The approximate economic order quantity is 110 units.

3 0
1 year ago
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