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lilavasa [31]
2 years ago
3

Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehic

les/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
Business
1 answer:
svetlana [45]2 years ago
3 0
Number of roads = 3 
Each road has lanes = 4 (2 in each direction) 
Capacity = 1,000 vehicles/lane/hour 
Total number of vehicles = 10000 
Calculating the inbound capacity in 1 direction
  = Number of roads x lanes in each direction x Capacity 
 = 3 x 2 x 1000
 Inbound capacity = 6000
 time taken = Total number of vehicles / Inbound capacity = 10000/6000 =
1.66
 So the time is 100 minutes.
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Hi-Tek is a young start-up company that is currently retaining all of its earnings. The company plans to pay a $2 per share divi
Anika [276]

Answer:

$5.95

Explanation:

Given that,

Dividend paid in Year 7 = $2 per share

Growth rate of dividend = 2.2%

Required return = 16 percent

Share price is the present value of all future dividends.

Present Value of future dividends at year 6:

= \frac{Dividend\ in\ year\ 7}{Required\ return - Growth\ rate}

= \frac{2}{0.160 - 0.022}

= \frac{2}{0.138}

= $14.49

Present value of dividends (Now):

= Present Value of future dividends at year 6 × (1 + Required return)^{-6}

= $14.49 × (1 + 0.16)^{-6}

= $5.95

Therefore, the current share price is $5.95 if the required return is 16 percent.

5 0
2 years ago
Lemming makes an $18,750, 120-day, 8% cash loan to Notions Co. on November 1. Lemming's end-of-period adjusting entry on Decembe
GREYUIT [131]

Answer:

Interest Receivable (Dr.)           $250

            Interest Revenue (Cr.)                $250

Explanation:

Notions Co. has borrowed money from Lemming and will have to pay cost for it which is a source of fund (revenue) for Lemming. According to the Accrual concept of accounting, revenue should be recognized when earned and not when cash is received.  At year end, the interest revenue of two months has been accrued, so it needs to be recognized in the Books of Lemming.

⇒ 18,750 * 8% = 1,500 p.a.

OR Interest Revenue for two months = (1,500/12) * 2 = $250.

4 0
2 years ago
Barb overheard an unpleasant encounter between the manager of the paint store where she works and a sales rep who sells a well-k
alexandr402 [8]

Answer:

conflict channel.

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

A sales representative (salesperson) refers to an individual or employee who is saddled with the responsibility of taking orders from customers, as well as selling finished goods and services to consumers or end users.

A conflict can be defined as any form of disagreement that arises between two or more parties due to opposing views, opinions, or incompatibility.

A conflict channel can be defined as a discord, difference, or dispute that arises between two or more channel partners, especially by competing against one another. Thus, it's a situation in which the actions or operations of one channel partner adversely affects the business, sales, revenue, profitability, goals or market share of the other channel partner.

Generally, there are four (4) main types of conflict channel and these include;

I. Horizontal level conflict.

II. Vertical level conflict.

III. Multichannel level conflict.

IV. Inter-type level conflict.

In this scenario, Barb overheard an unpleasant encounter between the manager and a sales representative over how their paint products should be displayed, the conversation degenerated into a loud argument.

Thus, what Barb observed in this scenario was an example of a conflict channel.

6 0
2 years ago
You are purchasing an equipment for $ 200,000 for your new store. Assume the store has no other expenses or revenues other than
djverab [1.8K]

Answer:

Negative cash balance of $210,000.

Explanation:

Given that,

cost of equipment = $200,000

Inventory purchased = $12,500

Cash balance = $2,000

Accounts payable = $4,500

Net cash flow at time zero:

= (cost of equipment) + (Increase in working capital)

= ($200,000) + (Inventory purchased + cash balance - Accounts payable)

= ($200,000) + ($12,500 + $2,000 - $4,500)

= ($200,000) + ($10,000)

= ($210,000)

Note: Negative values are in the parenthesis.  

4 0
2 years ago
ichael McNamee is the proprietor of a property management​ company, Apartment​ Exchange, near the campus of Penscola State Colle
sertanlavr [38]

Answer:

Option "A" is the correct answer to the following statement.

Explanation:

Business Entity Assumption state that businessman and business are a different entity.

Under the Business Entity Assumption, Personal assets and Company assets are always different, Personal assets will never show in the Company's balance sheet.

In the case of Michel McNamee his bank account and personal home in not recorded in the company's book.

5 0
2 years ago
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