User Account

All Pages

What is margin of safety in terms of number of airport trips

Assignment Help Accounting Basics
Reference no: EM132817243

Problem - Bristol Car Service offers airport service in a mid-size city. Bristol charges $50 per trip to or from the airport. The variable cost for a trip totals $20, for fuel, driver, and so on. The monthly fixed cost for Bristol Rainbow Tours Is $4,800.

Required -

a. How many trips must Bristol sell every month to break even?

b. Bristol's owner believes that 182 trips is a reasonable forecast of the average monthly demand. What is the margin of safety in terms of the number of airport trips?

Reference no: EM132817243

Questions Cloud

What is psychological safety at the workplace : What is psychological safety at the workplace and its elements? Include real-life examples.
Name three conflict resolution techniques : Name three (3) conflict resolution techniques. For each one, explain how you will use them to resolve this conflict. Write s each:
Conventional management communication : How do you think leadership communication differs from conventional management communication?
Burden healthcare professionals and the additional admin : An unfortunate problem with technology (specifically information technology) is its tendency to burden healthcare professionals and the additional admin
What is margin of safety in terms of number of airport trips : Bristol's owner believes that 182 trips is a reasonable forecast of the average monthly demand. What is the margin of safety in terms of number of airport trips
What does the board of directors do : What does the board of directors do? How do you select the directors?
Designing organizational structures : Discuse indetail the elements involved in designing organizational structures and consider the factors than managers consider when deciding
What is the aim of the study : a) What is the aim of the study? How to plot the potential research objectives and research questions?
Make a material purchases budget schedule : Make a material purchases budget schedule for each of the first three months (July - September), including the total purchases per month

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd