answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
skad
9 days ago
6

ake’s Cabins is a small motel chain with locations near the national parks of Utah, Wyoming, and Montana. The chain has a total

of 500 guest rooms. The following operating data are available for June: Number of Guests Nights per Visit Guest Nights 4,400 1 4,400 1,800 2 3,600 750 3 2,250 600 4 2,400 20 5 100 a. Determine the guest nights for June.
Business
1 answer:
arsen [3.2K]9 days ago
3 0

Answer: 12750

Explanation:

According to the information provided, Jake’s Cabins is a modest motel chain located close to the national parks in Utah, Wyoming, and Montana, and the recorded data for guest nights in June is as follows:

4400, 3600, 2250, 2400, and 100.

To calculate the total guest nights for June, we will sum these amounts. This calculation results in:

= 4400 + 3600 + 2250 + 2400 + 100

= 12750

Thus, the total guest nights for June amount to 12750

You might be interested in
Consider an 8% coupon bond selling for $953.10 with three years until maturity making annual coupon payments. the interest rates
arsen [3236]

Answer:

a) YTM = 9.8%

b) realized compound yield = 9.9%

Explanation:

a) PMT is 80

par value FV = 1000

coupon rate = 8%

current price PV = 953.1

years to maturity n = 3

Yield to maturity (YTM) is calculated as \frac{PMT+(FV-PV)/n}{(FV+PV)/2} = \frac{80+(1000-953.1)/3}{(1000+953.1)/2}= 9.8%

b) r2 = 10% = 100%+10% = 1.1

r3 = 12% = 100%+12% = 1.12

To find the realized compound yield, we first need the future value (FV) of the principal and reinvested coupons.

FV = ($80 * 1.10 * 1.12) + ($80 * 1.12) + $1080 = $1268.16

Let a be the rate at which the future value equals $1268.16.

953.1(1+y)³ = $1268.16

(1+y)³ = 1.33

1+y = 1.099

y = 0.099 = 9.9%

5 0
1 month ago
(LaVilla) LaVilla is a village in the Italian Alps. Given its enormous popularity among
Nady [3258]

Answer:

  a) 120 skiers daily

  b) 6.25% rise in revenue

Explanation:

a) Assuming each skier stays for an average of 10 days, the daily turnover corresponds to 1/10 of the total skiers, which results in 1200/10 = 120 skiers daily.

__

b) For a duration of n days, the average expenditure for a skier is...

  50 +(n-1)30 = 20 +30n

and the average daily spending calculates to...

  (20 +30n)/n = (20/n) +30

Thus, for a 10-day visit, the average skiier's restaurant spending is...

  20/10 +30 = 32.... each day

Similarly, for a stay of 5 days, the average skier's expense becomes...

  20/5 +30 = 34.... each day

The anticipated change in restaurant revenue is...

  (34 -32)/32 × 100% = 2/32 × 100% = 6.25%

Restaurant revenues are projected to increase by 6.25% from the previous year.

8 0
13 days ago
7) Krizun Industries makes heavy construction equipment. The standard for a particular crane calls for 20 direct labor-hours at
Mariulka [3472]

Answer:

Total hours worked = 17,550 hours

Explanation:

Labour hours efficiency variance = labour efficiency variance/standard labour cost per hour

The hourly standard labour cost = $24

= 1,200/24= 50 hours

Labour variance (in hours) = Actual labour hours - Standard hours for actual units produced

The standard labour hours allowed for the production of 875 cranes is:

= 20 × 875 = 17,500 hours

Let the actual hours be "y"

50 = y - 17500

y = 50 + 17500

y= 17,550 hours

Total hours worked = 17,550 hours

7 0
23 days ago
Do you dislike waiting in line? supermarket chain kroger has used computer simulation and information technology to reduce the a
Mariulka [3472]

Answer:

Part a:

Show the probability density function for the waiting times at Kroger, assuming they are exponentially distributed.

Solution:

Probability density function f(x) = (1/ )*e-x/  = (1/26)*e-x/26 (result)

Part b:

Calculate the probability that a customer waits between 15 and 30 seconds.

Solution:

0.2462

Part c:

Determine the probability that a customer must wait longer than 2 minutes.

Solution:

0.0099

Explanation:

All calculations are included.

3 0
1 month ago
Toni makes apple pies for the local bakery. When Toni works with an assistant, she produces 60% more apple pies and works 20% fe
stepan [3272]

Respuesta:

La respuesta es 200%.

Explicación:

Supongamos que Toni produce x tartas de manzana en y horas.

Esto significa que el ritmo de producción es \frac{x}{y} tartas por hora.

Trabajando con un asistente:

Toni incrementa su producción en un 60%, es decir, ahora hace x + 0.6x = 1.6x tartas.

Además, reduce su tiempo trabajando en un 20%, entonces trabaja y - 0.2y = 0.8y horas.

Por lo tanto, la tasa de producción con ayuda es 1.6x / 0.8y = \frac{\frac{1.6x}{0.8y} }{\frac{x}{y} } X 100.

Al simplificar, obtenemos un aumento del 200% en la producción por hora.

6 0
1 month ago
Read 2 more answers
Other questions:
  • In a manufacturing company as many as 100 labourers are working in the production department.
    13·1 answer
  • Andrew has been asked to estimate future cash flows for his company. He is having a hard time remembering how to estimate future
    12·1 answer
  • The Carmichael Company started operations this month and had the following transactions 1. Owners invested $20,000 to start the
    10·1 answer
  • A customer is upset because an advertised item has been sold out. how would you respond to the customer
    11·1 answer
  • Which of the following statements about first-line managers is true?
    5·1 answer
  • Suppose the following information: The cost of a full-page color ad in the U.S. national edition of The Wall Street Journal (new
    9·1 answer
  • During 2017, Kew Company, a service organization, had $200,000 in cash sales and $3,000,000 in credit sales. The accounts receiv
    10·1 answer
  • Each service starts on a different date because the services depend on each other. Enter the starting dates for the remaining se
    6·1 answer
  • Kaylee’s customers seem to be buying less of her freshly baked breads and more of her yogurt parfaits and coffees. She begins to
    9·1 answer
  • The bargaining power of consumers can be the most important force affecting competitive advantage. Consumers gain increasing bar
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!