|Name: Lauren Reed |Date: 3/31/15 | Graded Assignment Practice: The Loan Ranger Answer the following questions based on what you have learned. You may need to search for an online loan calculator to answer the questions. (10 points) |Score | | | 1. The owners of a successful restaurant want a loan for $50,000 to renovate the kitchen and expand the dining room. They expect that the extra tables will add between $2,000 and $5,000 to the restaurant’s monthly revenue.
It was moved to New York City in 1903 as the New York Highlanders before eventually changing to the Yankees. The club enjoys one of the most expensive stadiums ever constructed in the USA but are facing pressures to sell their naming rights to the brand new stadium. The stadium was constructed by the help of tax-exempt bonds issued by the New York City and selling the naming rights to the stadium would help protect the tax payers’ money. Following the announcement of the 2010 full-season ticket license pricing for regular season games at the Yankee stadium, 97% of the
Management wants to maintain the ending direct materials inventory at 60% of the following month's production needs. 4. Seventy percent of all purchases are paid in the month of purchase; the remaining 30% are paid in the subsequent month. 5. Watson's product requires 30 minutes of direct labor time.
Last year, Alex Rodriguez signed a 10 year contract that will pay him over $300 million to play baseball for the New York Yankees. The new football stadium and supporting complexes for the New York Jets and Giants will cost $1.6 billion that is paid by the owners, private investors, tax payers, and, in a new financing activity called Personalized Seat Licenses, the fans. AIG is paying
The $2,000 Sergio will receive if he accepts the landlord’s offer will be: Question 19. (TCOs 2, 3, 6, 8, 9, & 10) Rockwell purchased a tract of land for $125,000 in 2004 when he heard that a new highway was going to be constructed through the property and that the land would soon be worth $300,000. Highway engineers surveyed the property and indicated that he would probably get $200,000. The highway project was abandoned in 2012, and the value of the land fell to $80,000. What is the amount of loss Rockwell can claim in
I believe that it is an opportune time to start a business like Chagadama Christian Bookstore since the retail services industry in Maryland is currently worth $350 million; in Salisbury, the industry is estimated to be worth $20 million. Furthermore, since new small businesses are being launched with great frequency, the potential market for our services is growing exponentially. I bring more than 20 years of technical repair and sales skills to the table and am investing $60,000 personally to start this business. I anticipate being able to repay my loan to the company beginning in August 1999. So as to ensure the success of the new location and the business I will hire a marketing manager who will be in charge of all the marketing of the two locations.
Texoil were willing to pay up to $500,000 for the station, but updating the pumps and mechanic’s area and adding a mini mart would be additional cost for them. As an alternative, they would purchase land and build a gas station with new equipment, which were more efficient and an additional mini mart for more than $675,000. However, this new station would be able to generate more profit than current one. First offered was $1million and made by service station owner. According to information that I had, I found it very high and I made a counter offer with $300,000.
The Dodgers could offer fans a deeply discounted ticket, say, $20 or $25. The proceeds could then go toward refurbishing the Los Angeles area ballparks that CEO Jamie McCourt is always talking about. Who knows? Manny could even get a couple of fields named after him. I'll wonder, like everyone else, how much Ramirez's performance was chemically enhanced.
b) Assuming the government collected $43 million in cigarette tax revenue last year. If the average price of a pack of cigarettes is $2.50, calculate how much of an effect this tax increase will have on (1) quantity of cigarettes consumed and (2) cigarette tax revenue. 6. Sony cut the price of its 42” HDTV plasma TV from $3000 in the first quarter of 2005 to $2500 in the second quarter. Sales increased from 25,000 to 30,000 a) Based on this information, what is your best estimate of the price elasticity of demand?
The cost of a failure during a performance is $50,000. a. Calculate the reliability of each system. Which system would you recommend? b. Omar has learned that each system described above can also be purchased in a Plus configuration, where each component has an identical backup, for double the original