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FastBus Inc. FastBus Inc. offers low-cost bus transportation between Philadelphia and New York City. The company has 2 buses, each bought for $300,000. Each bus can carry 40 passengers per trip and does 7 daily round trips between Philadelphia and New York City. The price of each one-way ticket is $12. The company sells 28 seats on average per one-way trip, so the load factor is 70%. The annual fixed cost of running the company is $3,000,000. The major variable cost in their line of business is gasoline, which costs $25 per one-way trip. Fast Bus Inc. buses operate 365 days a year.
Define the return on invested capital as the ratio of the profits (PER YEAR) and the invested capital. You can draw an ROIC tree in the same way that we drew a KPI tree in class. Simply have the ROIC as "the root" of the tree instead of profits.
What is the minimum load factor at which the company breaks even?
Discuss Key Financial Ratios present in a funeral home.
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Imagine that a friend tells you her employer has given her the choice of health insurance plans.
Determine the considerations for and process of ethical business decision making to balance corporate and social responsibilities and address moral, economic,
Which of the following is an example of a defined-contribution pension plan?
Write an Speech about How Technology Has Impacted Society
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There are several major segmentation variables that might be used by a marketer to address a consumer market.
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Discuss the role of emotional intelligence in teams. What role does the leader have in developing emotional intelligence of a team and its individual members
a. If Sonny chooses the warehouse location to be adjacent to one of his four existing supermarkets, near which supermarket should he locate in order to minimize cost?
Within what kind of organization is this position generally situated? How would one go about finding and securing such a position?
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