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aalyn [17]
2 years ago
7

A manager observes that on average, 5 students per minute enter the campus cafeteria. 10% of the students that enter the cafeter

ia see a long line and leave without entering the line. Given students are leaving before entering the process, the manager must determine the rate at which students are entering the process. On average, 18 students are waiting in line and we can assume that any student that enters the line will not leave.
1) I = _______

2) R = _______

3) On average how long does a student spend in the cafeteria line? Time measurement must be in minutes.
Business
1 answer:
Slav-nsk [51]2 years ago
5 0

Answer:

1. The rate, at which the students are entering the process is 4.5 students per minute.

2. On average a student spends 4 minutes on the cafeteria line.

Explanation:

  1. 5 students enters the cafeteria per minutes.

10% of students does not enter the line.

therefore, percentage of students entering the line will be 100-10 = 90%.

The rate at which students enters the line will be 90% of overall students entering the cafeteria per minute:

\frac{90}{100} × 5 (\frac{students}{minute}

= 4.5  \frac{students}{minute}

2. The average time spend by a student on the line will be:

the time rate of a student entering the line, which is the inverse of the rate of students entering the line : \frac{1}{4.5} × the number of students waiting on the line, which is 18.

⇒ \frac{1}{4.5} × 18 = 4 minutes.

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Mademuasel [1]

Complete Question:

The complete question can be seen the in the attachment at the end of the solution of the question.

Answer:

Option B. -$182,057

Explanation:

The Cash flow from financing activities can be calculated by using the following formula:

Cash flow from financing activities = Changes in the equity finance

+ Changes in long term borrowings + Changes in short term borrowings

- Interest paid - Dividends paid

Here

Changes in the equity = $175,000 common stock in year 2008

- $125,000 common stock in year 2008 = $50,000

Changes in long term Borrowings = $61,290 - $78,445 = - $17,155

Changes in short term Borrowings = $16,753 - $12,004 = $4749

Interest paid is $0 because interest rate is not given hence we can't calculate it.

Dividends paid = $190,568 Opening Retained Earnings + $248,462 Net Profit for the year - $219,379 Closing Retained Earnings  = $219,651

Now, by putting values in the above equations, we have:

Cash flow from financing activities = $50,000 - $17,155 + $4749 - 0 - $219,651 = -$182,057

4 0
2 years ago
Bowering Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.60 Direct labor
ArbitrLikvidat [17]

Answer:

3. $53,550

Explanation:

Product Cost:

Cost per Unit Cost per Period Direct materials $ 6.60

Direct labor $ 3.85

Variable manufacturing overhead $ 1.50

Fixed manufacturing overhead $ 81,000

Period Costs:

Sales commissions ($0.50 x 9,000 )                        $4,500

Variable administrative expense ($0.50 x 9,000 )  $4,500

Fixed selling and administrative expense                <u>$44,550</u>

Total Period Cost                                                        <u>$53,550</u>

For financial reporting purposes, the total amount of period costs incurred to sell 9,000 units is $53,550.

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Unearned Income of Minor Children and Certain Students (LO 6.4) Brian and Kim have a 12-year-old child, Stan. For 2019, Brian an
antiseptic1488 [7]

Answer:

Answer for the question : Stan's tax for 2018 =105+240 = $345.

"Unearned Income of Minor Children and Certain Students (LO 6.4) Brian and Kim have a 12-year-old child, Stan. For 2019, Brian and Kim have taxable income of $52,000, and Stan has interest income of $4,500. No election is made to include Stan's income on Brian and Kim's return. Click here to access the income tax rate schedules and the trust and estate tax rate schedules.a. For purposes of the tax on a child's unearned income, calculate Stan's taxable income.b.Calculate Stan's earned taxable income."

is explained in the attachment.

Explanation:

3 0
2 years ago
Kathy is a financial analyst in BTR Warehousing’s. As part of her analysis of the annual distribution policy and its impact on t
olya-2409 [2.1K]

Answer and Explanation:

The computation is shown below.

1. Value of the firm operations is

= Free Cash Flow × (1 + Growth Rate) ÷ (WACC - Growth Rate)

= $87 million  × (1 + 8%) ÷ (13% - 8%)

= $1,879.20

This is the answer but the same is not provided in the given options

2.  The intrinsic value of equity immediately prior to stock repurchase is

= Value of Firm's Operations + Value of Non Operating Assets - Value of Debt - Value of Preferred Stock

= $1,879.20 + $120 - $232 - $145

= $1,622.20

This is the answer but the same is not provided in the given options

3.  The intrinsic stock price immediately prior to stock repurchase is

= Intrinsic Value of Equity Prior to Stock Repurchase ÷ Number of Outstanding Shares

= ($1,622.20) ÷ (21.75 million shares)

= $74.58

This is the answer but the same is not provided in the given options

4. The number of shares repurchased is

= Cash Used for Repurchase ÷ Intrinsic stock price

= $120  ÷ $74.58

= 1.61

This is the answer but the same is not provided in the given options

5. The intrinsic value of equity immediately after stock repurchase is

 = Value of Firm's Operations - Value of Debt - Value of Preferred Stock

= $1,879.20 - $232 - $145

= $1,502.20

This is the answer but the same is not provided in the given options

6. The intrinsic stock price immediately after stock repurchase is

= Intrinsic Value of Equity After Stock Repurchase ÷ Number of Outstanding Shares after Repurchase

= ($1,502.20)  ÷ (21.75 million shares - 1.61 million shares)

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This is the answer but the same is not provided in the given options

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6 0
2 years ago
The master budget of Carpenter Company shows that the planned activity level for next year is expected to be 100,000 machine hou
Gnom [1K]

Answer:

Total overhead cost= $988,000

Explanation:

Giving the following information:

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Indirect labor $480,000

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Indirect materials 140,000

Depreciation on factory building 100,000

First, we need to calculate the unitary overhead costs per machine-hours. <u>Depreciation is a fixed cost.</u>

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Indirect materials= 140,000/100,000= $1.4

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8 0
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