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Question - Delta Airlines flight 302, from New York JFK to Los Angeles LAX, is typically a full flight. Given the current policy for no change fees, on average 15 customers (with a standard deviation of 9) either cancel last minute or do not show up for this flight. The average revenue collected for this route is $235 per seat (lost profit if a seat goes unused). If the flight is overbooked, Delta will need to re-ticket a volunteer passenger and offer them compensation in the form of a $400 Delta voucher (cost of overbooking). To maximize profits, how many seats should Delta overbook for this route?
Recall the components of internal control. Identify the internal control weakness in the above situation. Propose a way to correct it.
Which is greater, total liabilities or total stockholders' equity? Who has a greater claim to Post Rose's assets, creditors of the company
Evalaute What is the break even in units for a company when the fixed cost are $4,000000 per year. The variable cost of each component is $2000
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Their fixed manufacturing costs were found to be 806,815, while total manufacturing costs per unit were 13. How much would their costs be expected
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Determine the effect of these events on the accounting equation of the medical practice of Dr. Willow Beard. Willow Beard opened a medical practice specializing
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