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- What would be the purpose for a cashier’s well (pit or bucket) in a hotel that has no property management system? Why would a hotel that has a property management system in place also have a cashier’s well (pit or bucketYou are the owner of four Taco Bell restaurant locations. You have a business loan with Citizens Bank taken out 60 days ago that is due in 90 days. The amount of the loan is $70,000, and the rate is 9.5% using ordinary interest. You currently have some excess cash: $25,000. Due to situations beyond your control, you, as the owner, must make an immediate business decision now to pursue only one of these two choices:1) sending all of the $25,000 to Citizens Bank as a partial payment on your loan, or2) using the $25,000 to purchase serving supplies such as food containers, cups, and plastic dinnerware for your inventory. This is the last day to take advantage of the opportunity to save some money due to a special discount price that is "10% off" the normal cost of $25,000 for these items. Consider these calculations: (a) How much interest (in $) will you save on this loan if you make the partial payment and don't purchase the additional serving supplies? (Round your answer to two…A municipality needs funding for upcoming infrastructure (water and sewer line) repair or replacement. They issue a series of $1,000, 7% semiannual, 11-year bonds. The bonds are initially sold at a discount for $980. You want to buy one of these bonds from a friend who has held the bond for 2 full years, receiving 4 semiannual payments. You plan to keep the bond to maturity and want to earn 9% semiannual on the investment. What is the most you should pay for it? Carry all interim calculations to 5 decimal places and then round your final answer to 2 decimal places.
- Given the following for a retail property: This property is occupied by a single tenant: Net Rentable Space 10,000 sq. ft. Lease Rate $18.00 per sq. ft. per year Real Estate Taxes $ 1.75 per sq. ft. per year Operating Expenses $ 0.55 per sq. ft. per year Insurance $ 0.06 per sq. Ii. per year Actual Gross Sales $2,200,000 Base Sales as per Lease $2,000,000 Percentage Lease Clause 4.0% What is the amount of rent due on a per sq. ft. basis (per year) ifthe tenant has a "net net"_ (NN)Jease and a "percentage lease clause" in the lease? Please provide proper keystrokes for the BAii Plus and Gualifier Plus IIIfx calculators. Thank you!A car repair can be performed either on time or late, and either satisfactoryily or unsatisfactorily. The probability of a repair being on time and satisfactory is 0.26. The probability of a repair being on time is 0.74. The probability of a repair being satisfactory is 0.41. What is the probabilityof a repair being late and unsatisfactory?$4.00 in 1911 would be equivalent to ~$125.00 in 2023. If a person in 2023 earned $125 per week (52 weeks in a year), then how much would they earn for their annual income?
- Williams Auto has a machine that installs tires. The machine is now in need of repair. The machineoriginally cost $10,000 and the repair will cost $1,000, but the machine will then last two years.The labor cost of operating the machine is $0.50 per tire. Instead of repairing the old machine,Williams could buy a new machine at a cost of $5,000 that would also last two years; the labor costwould then be reduced to $0.25 per tire. Should Williams repair or replace the machine if it expectsto install 10,000 tires in the next two years?Comment on how insurance can help Bob in his current situation. Bob is a 25-year-old qualified contractor who is a subcontractor to various builders. He is earning P300,000 gross but pays P100,000 in expenses, most of which are fixed expenses ie a leased car and leased equipment. Bob rents an apartment and spends the rest of his earnings of P200,000 on living and entertainment expenses. Bob has little in the way of savings. What if Bob doesn’t have insurance? Bob has a car accident and is hospitalized for one month. He then faces a long and painful rehabilitation process of 12 months to try to regain the use of one of his arms. Even with private health insurance, there are medical bills to be paid particularly for physiotherapy and rehabilitation sessions. Bob has no income for 13 months but must continue to pay his lease costs of P100,000 per annum. What little money Bob receives in disability payments from the government won’t cover his rental costs. Bob has to move back home and…Eighty White applicants and 40 Black applicants applied for a set of job openings in your firm. Assume that you have hired 40 of 80 White applicants. In order to avoid an adverse impact, you should hire a minimum of ______ Black applicants. A. 12 B. 20 C. 16 D. 14 E. 18
- You have graduated from Holmes Institute with your Master of Professional Accounting degree. You are working for an accounting firm, and a client has made an appointment to see you about setting up a business. The client tells you that he is thinking about opening his own computer support business and running his business on his own from his house so that the customers can bring their laptop or PC's to his premises and then repair it. He also tells you that he is thinking about buying into a franchise called IT Support, and he asks you for advice about what is a franchise and is it a good idea? Your task is to give the client advice on what types of business structures, including franchises, would be best suitable for him. In your answer, you must provide advantages and disadvantages for each of the business structures you have suggested to him.I ONLY NEED HELP WITH PART C,D,E,F PLEASE. Gubser Welding, Inc., operates a welding service for construction and automotive repair jobs. Assume that the arrival of jobs at the company's office can be described by a Poisson probability distribution with an arrival rate of three jobs per 8-hour day. The time required to complete the jobs follows a normal probability distribution, with a mean time of 2.5 hours and a standard deviation of 1.6 hours. Answer the following questions, assuming that Gubser uses one welder to complete all jobs. (a)What is the mean arrival rate in jobs per hour? (Round your answer to four decimal places.) per hour CORRECT ANSWER IS 0.3750 (b)What is the mean service rate in jobs per hour? (Round your answer to four decimal places.) per hour CORRECT ANSWER IS 0.4000 (c) What is the average number of jobs waiting for service? (Round your answer to four decimal places.) 8.12563 IS WRONG (d) What is the average time (in hours) a job waits before…How is the premium or discount on bonds purchased as a temporary investment generally reported on published financial statements? as an integral part of the cost of the asset acquired (investment) and amortized over a period of not less than 60 months. as an integral part of the cost of the asset acquired (investment) until such time as the investment is sold. as expense or revenue in the period the bonds are purchased. as an integral part of the cost of the asset acquired (investment) and amortized over the period the bonds are expected to be held.