Answer:
Explanation:
a. Total cost=4800+30*2*x=4800+60x
The cost for the conference room, instructor compensation, lab assistants, and promotion is $4800
Computer rental - $30 per day
Length of seminar - 2 days
X - number of students
b. total profit = revenue-costs incurred = 300x-(4800+60x)=240x-4800
Projected fee - $300 per student
c. If 30 students enrolled
profit=240*30-4800=7200-4800=2400
d. 240x-4800=0
x=4800/240=20
break-even point is 20, it is point at with profit will equal zero
Answer:
Explanation:
Starbucks has existed for quite long in the United States. Its name is generally synonymous with coffee. Its success in foreign but less developed and emerging markets may be attributed to perception, owing to advertisements and popularization. Advertisements made to potential consumers glamourize the products, making potential purchasers more. Popularization, on the other hand may be attributed to “showbiz”- celebrity synonymity with Starbucks’ products. A movie may feature celebrities taking a Frappuccino from Starbucks. Upon arrival in a new market, a celebrity’s fan is most likely to take a Frappuccino since celebrity so and so took it in a certain movie and declared it good. Another reason for success may be that the bourgeoisie individuals of an emerging market may take to Starbucks products in order to enjoy what their counterparts in developed markets have been enjoying and glamorizing.
Answer:
The answer is 14%
Explanation:
Formula for Future value (FV) FV = PV (1+ni)
Whereas FV= Future value, PV = present value, n= number of years, i= TVOM in percentage
Rearranging the formula for i
i = (FV/PV)-1
So, i = (5,700/5,000)-1
i = 1.14-1
i = 0.14
i = 14%
(0.14x100=14%)
Answer:
The amount of rent expense that will be reported on the Year 1 income statement is $1,800
.
The cash outflow for rent that would be reported on the Year 1 statement of cash flows is $5,400.
Explanation:
Though the amount paid was paid on October 1, Year 1 it will only be expensed from October to December for year 1.
The duration of the payment is 12 months, hence
Monthly amortization = $7,200/12 = $600
Rent expense for year 1 = $600 × 3 = $1,800
The ending balance in the prepaid rent account will be
= $7,200 - $1,800
= $5,400
This will be the cash outflow for rent that would be reported on the Year 1 statement of cash flows.
Answer:
A.
Explanation:
Based on the information provided within the question it can be said that the most likely result would be the collapse of local fisheries, because of the damage to coral reefs from ocean acidification
. This is mainly because the coral reefs provide habitat for a vast majority of the fish, and the same carbon dioxide that is causing global warming is also causing ocean acidification. Which in term is destroying the coral reefs, and therefore the habitats of all these fishes who will die without them.
