subject
Business, 15.02.2020 01:46 makennahudson94

Charleston Carriage Company offers guided horse-drawn carriage rides through historic Greenville comma South Carolina. The carriage business is highly regulated by the city. Charleston Carriage Company has the following operating costs during April:Fee Paid to city of Charleston 17% of ticket revenueCost of souvenir set of postcards given to each passenger $0.50 per setMonthly cost of leasing and boarding the horses $49,000Carriage Drivers (tour guides) are paid on a per-passenger basis $2.90 per passengerMonthly payroll costs of non-tour guide employees $8,500Marketing, web-site, telephone, and other monthly fixed cosst $8,000In addition to these costs, Charleston Carriage pays a brokerage fee of $1.10 per ticket sold by brokers. On average, 65% of tickets are issued through these brokers; 40% are sold directly by Charleston Carriage. Charleston Carriage has a question about its monthly revenues, costs, and profits in 2017.Charleston Carriage has an opportunity to negotiate with the company that leases the horses and boards them. If Charleston Carriage expects to sell 7,054 tickets per month in 2017, what's the most it could pay to lease and board the horses if it wants to break even each month (ignoring taxes)?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 00:50
Cool beans is a locally owned coffee shop that competes with two large coffee chains, planeteuro and frothies. alicia, the owner, hired two students to count the number of customers that entered each of the coffee shops to estimate what percent of people who are interested in coffee are visiting each shop. after a week, the students found the following results: 589 visited cool beans, 839 visited planeteuro, and 1,290 visited frothies. the students were surprised that cool beans had 139 visits on monday which represented 59% of all people who visited one of the three coffee shops on mondays. how many people visited one of the three coffee shops during the week?
Answers: 2
question
Business, 22.06.2019 10:00
In a chapter 7 bankruptcy, a debtor:
Answers: 2
question
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
question
Business, 22.06.2019 23:20
Over the past several years, joyce chen has been able to save regularly. as a result, today she has $54,188 in savings and investments. she wants to establish her own business in 5 years and feels she will need $100,000 to do so. a. if she can earn 6% on her money, how much will her $54,188 in savings/investments be worth in 5 years? will joyce have the $100,000 she needs? if not, how much more money will she need? b. given your answer to part a, how much will joyce have to save each year over the next 5 years to accumulate the additional money? assume she can earn interest at a rate of 6%. c. if joyce can afford to save only $4,000 a year then, given your answer to part a, will she have the $100,000 she needs to start her own business in 5 years?
Answers: 3
You know the right answer?
Charleston Carriage Company offers guided horse-drawn carriage rides through historic Greenville com...
Questions
question
Mathematics, 15.11.2019 02:31
question
Spanish, 15.11.2019 02:31
question
Mathematics, 15.11.2019 02:31