The cruise line's insurance policy limits the number of donkeys in their herd to 5,000. What bulk price should the cruise line negotiate to make the 5,000 donkey herd size optimal?
A) $18,586 per ten thousand
B) $18,362 per ten thousand
C) $18,134 per ten thousand
D) $17,978 per ten thousand
Answer: A
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Suppose that on January 2, 2018, the U.S. Treasury auctioned the following four T-Bills:
a) Determine the bank discount rate for each T-Bill using formula 10-3 given in the chapter and the DISC function.
b) Determine the bond equivalent yield for each T-Bill using the formulas given in the chapter and the YIELDDISC function.
c)Create a chart of a portion of the yield curve using the results of the bond equivalent yield in part b.
Attempts by competitors to interfere with the market and control prices are called parallel price-fixing and are illegal per se under Section 1 of the Sherman Act.
Answer the following statement true (T) or false (F)
The capital accounts of Harrison and Marti have balances of $180,000 and $130,000, respectively, on January 1, 2010, the beginning of the current fiscal year. On April 10, Harrison invested an additional $20,000. During the year, Harrison and Marti withdrew $96,000 and $78,000, respectively, and net income for the year was $248,000. The articles of partnership make no reference to the division of
net income. Based on this information, the statement of partners' equity for the 2010 for the partnership would show what amount in the capital account for Harrison on December 31, 2010? A) $228,000 B) $176,000 C) $404,000 D) $52,000
Times interest earned ratio measures:
a. a company's ability to earn interest on its investments. b. a company's ability to pay–off its short–term obligations. c. a company's ability to meet its current interest and principal payments to creditors. d. a company's ability to meet current interest payment to creditors.