Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 26, 2024

3) Short answers please, thank you. If Pacific Coast Railway's fixed costs total $50,000 per month, the variable cost per passenger is $10, and tickets

3) Short answers please, thank you.
If Pacific Coast Railway's fixed costs total $50,000 per month, the variable cost per passenger is $10, and tickets sell for $50, how much revenue must the Railway generate to earn $180,000 in operating income per month? O A. $287,500 O B. $1, 150,000 O C. $5,750 O D. $230,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Physics

Authors: Alan Giambattista, Betty Richardson, Robert Richardson

2nd edition

77339681, 978-0077339685

Students also viewed these Accounting questions

Question

★★★★★

Blackmon Corporation's December 31, 2012, balance sheet disclosed the following information relating to its receivables: During 2013, credit sales (terms, n/EOM) totaled $2,200,000, and collections...

Answered: 1 week ago

Question

★★★★★

Do the measurement items or tools have content relevance?

Answered: 1 week ago

Question

★★★★★

Smithen Company, a wholesale distributor, has been operating for only a few months. The company sells three productssinks, mirrors, and vanities. Budgeted sales by product and in total for the coming...

Answered: 1 week ago

Question

★★★★★

Question4 (35 Marks) Write a class for a simple stack (stack will be limited with maximum 1000 locations and will keep integers) (a) Number of locations will be kept in private section. (b) Array for...

Answered: 1 week ago

Question

★★★★★

Question 27 (1 point) On October 25, 20X1, the company paid $33,600 rent in advance for the six-month period November 20X1 through April 20X2. On December 31, 20X1, the adjustment for expired rent...

Answered: 1 week ago

Question

★★★★★

Determine the number of arrangements of the letters of the word FLIBBERTIGIBBET such that there is exactly one vowel (and any number of consonants) between the first and second B, exactly one vowel...

Answered: 1 week ago

Question

★★★★★

Amina discovers it's very unlikely that an Angel Investor will notice a business from afar and reach out themselves. Finding this kind of investor is all about being proactive. But what is the best...

Answered: 1 week ago

Question

★★★★★

Define the following term: Plaintext Cryptogram Workfactor Digest Cryptanalysis Cryptovariable Collision Kerkhoff s Principle Digital signature Hybrid encryption

Answered: 1 week ago

Question

★★★★★

After working for a large public accounting firm for 8 years, Juan, Frieda and Wangshu decided to forge out on their own and formed JFW Associates, starting their business on September 1 , 2 0 2 3 ....

Answered: 1 week ago

Question

★★★★★

A spacecraft in deep space is isolated from its surroundings and is initially moving with the velocity v shown in the diagram above. It has thrusters on a swivel that fire such that the spacecraft...

Answered: 1 week ago

Question

★★★★★

What barriers did Apple face in the Korean market? Is South Korea Business friendly for domestic and international companies?

Answered: 1 week ago

Previous Question Next Question