A university is planning a seminar. It costs $3000 to reserve a room, hire an instructor, and bring in the equipment. Assume it costs $25 per student for the administrators to provide the course materials
If we know that 20 people will attend, what price should be charged per person to break even?
A) $120
B) $150
C) $175
D) $200
Answer: C
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Analog Corp., a multinational software company, spends time and makes efforts to satisfy its clients by identifying their needs and establishing policies and procedures to support excellence in service delivery. In this case, Analog Corp. is most likely to be a(n) ________.
A. offshoring organization B. outsourcing organization C. cottage industry D. customer-focused organization
The cash balance on June 30 is projected to be $4500. The company has to maintain a minimum cash balance of $5,000 and is authorized to borrow at the end of each month to make up any shortfalls. It may borrow in increments of $5,000 and has to pay interest every month at an annual rate of 4%. All financing transactions are assumed to take place at the end of the month. The loan balance should be repaid in increments of $5,000 whenever there is surplus cash. Calculate the final projected cash balance at the end of September.
Malachi, Inc. has prepared its third quarter budget and provided the following data:
A) $21,584
B) $6584
C) $8367
D) $54,967
Consumers must engage in a great amount of learning to use a(n) ________ because no similar product has ever been on the market
A) dynamically continuous innovation B) augmented product C) competitive innovation D) continuous innovation E) discontinuous innovation
Calculate the present value of $5,800 received at the end of year 1, $6,400 received at the end of year 2, and $8,700 at the end of year 3, assuming an opportunity cost of 13 percent
What will be an ideal response?