subject
Mathematics, 28.08.2019 20:00 edgartorres5123

The cruise boat can carry up to 45 passengers. the company wants to know the minimum number of passengers needed per cruise to cover its costs. this number is called the break-even point. a formula for calculating the break-even point is: break-even point = (fixed costs) ÷ (income per passenger – costs per passenger) the company collects the following data:
fixed cost (per cruise)
crew salary $350
fuel $120
overheads $170
varible costs( per passenger)
refreshments $6.50
refund $3.64
sales income (per passenger)
average ticket income $36.40
based on this data, what is the minimum number of passengers needed per cruise, so that the cruise company can be sure it will make a profit?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:20
Do social recommendations increase ad effectiveness? a study of online video viewers compared viewers who arrived at an advertising video for a particular brand by following a social media recommendation link to viewers who arrived at the same video by web browsing. data were collected on whether the viewer could correctly recall the brand being advertised after seeing the video. the results are given below.correctly recalled the brandarrival 409153browsing20484b. conduct the hypothesis test, using the 0.025 level of significance.what is the value of the test statistic? χ2stat=what is the p-value? p-value=is this value significant atα=0.025?
Answers: 2
question
Mathematics, 21.06.2019 19:30
Acar started driving from city a to city b, distance between which is 620 miles, at a rate of 60 mph. two hours later a truck left city b and started moving towards city a at a rate of 40 mph. what distance from city a is the point where the truck and the car will meet?
Answers: 1
question
Mathematics, 21.06.2019 20:30
What is 140% of 25? because i need
Answers: 2
question
Mathematics, 22.06.2019 05:00
Caleb and emily are standing 100 yards from each other. caleb looks up at a 45° angle to see a hot air balloon. emily looks up at a 60° angle to see the same hot air balloon. approximately how far is the hot air balloon off the ground? a)44.2 yd. b)63.4 yd. c)73.2 yd. d)89.7 yd.
Answers: 3
You know the right answer?
The cruise boat can carry up to 45 passengers. the company wants to know the minimum number of passe...
Questions
question
History, 23.09.2019 06:30