Wildlife Escapes generates average revenue of $6,250 per person on its​ 5-day package tours to wildlife parks in Kenya. The variable costs per person are as​ follows:

Airfare

$1,100

Hotel accommodations

1,950

Meals

900

Ground transportation

600

Park tickets and other costs

700

Total

$5,250

Annual fixed costs total $590,000.

6 In the late 1930s and early 1940s, Joe Louis handily defeated a series of opponents who came to be known as the “Bum of the Month Club.” Use what you know about rank-order tournaments to explain how this came about.

New York City is the most expensive city in the United States for lodging. The mean hotel room rate is $204 per night (USA Today, April 30, 2012). Assume that room rates are normally distributed with a standard deviation of $55. a. What is the probability that a hotel room costs $225 or more per night (to 4 decimals)? b. What is the probability that a hotel room costs less than $140 per night (to 4 decimals)? c. What is the probability that a hotel room costs between $200 and $300 per night (to 4 decimals)? d. What is the cost of the 20% most expensive hotel rooms in New York City? Round up to the next dollar. $ or

On a 15-year, $200K mortgage at 4% APR, how much interest will you pay in ONLY the second year if you make the regular monthly payments?

Multiple Choice

• $8,366

• $17,170

• $1,497

• $680

• $9,083

Question1

1.1Complete the table

Tracey started a business. During the first month the following transactions occurred.

1. She opened a bank account for the business and deposited a cheque for the amount of R950 000.
2. The business bought a property R450 000 (R250 000 loan and cash R200 000).
3. Business bought stock for R120 000 cash.
4. Stock was sold for R100 000 cash, which cost R60 000.
5. Business is owing Telkom R24 000.

Example: Bought a truck for R200 000 cash

+ 200K (Non-current asset or NCA) and -200K Bank : You are required to show the signs.

1.2 Nayika Ltd is in the process of analysing a project which they call Project Extend. The relevant cash flows for the project are shown in the table below. Nayika’s cost of capital is 13%. Complete the table and show basic workings after the questions

1. Calculate the project payback period.(in years and months)                                                 
2. Calculate the net present value (NPV) of the project   .
3. Explain whether the project should be accepted?

***PYTHON PLEASE***

I'd also like to use decimal to two places when calculating the money $$ values for budget and fee areas.

Thank you!

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Create a Park class. Include the following seven data members:

Name of Park

Location

Type of Park (National, State or Local)

Fee

Number of Employees

Number of visitors reported for the past 12 months

Annual Budget

Write your __init__ class

In addition write four separate instance methods that:

Return a string containing the name of the park, the location and type of park.

Computes the cost per visitor based on annual budget, and the number of visitors during the last 12 months.

Computes the revenue from fees for the past year based on number of visitors and fee.

Prints the values of all of the data members with appropriate labels.

Create a second class to test all aspects of your Park class.

Anil is planning a birthday party at an amusement park for his younger daughter and her friends. The manager of the park is considering whether to use uniform pricing or two-part-pricing. Anil's willingness to pay for rides for the party is p = 25 - 0.5Q, where p is the ticket price per ride and Q is the number of rides. The amusement park has a marginal cost of $5 for each additional ride. Its fixed cost for handling the party is $20.

a. Create a spreadsheet with quantity, price, consumer surplus, revenue, marginal revenue, cost, marginal cost, and profit as column headings. Fill in the spreadsheets cells for Q = 5 to Q = 50 in increments of 5 units. If the manager uses uniform pricing, what is the profit maximizing ticket price per ride, the number of rides, and the profit earned by the park?

b. Suppose that the manager uses two-part pricing: an entry fee for the entire party of young girls and price per ride. Calculate the profit-maximizing entry fee if the price per ride is the same as the monopoly price that you determined in part a. Calculate the total profit earned by the park.

c. Now suppose the manager uses two-part-pricing with a per-ride price equal to marginal cost and a profit-maximizing entry fee. Determine the price per ride, the number of rides, and the total profit (including profit from ticket sales and the entry fee) in this case.

An amusement park has estimated the following demand equation for the average park guest

Q=16?2P

Where Q represents the number of rides per guest and P the price per ride. The total cost of providing rides to a guest is

TC=2+0.5Q

If a one-price policy is used, how much should it charge per ride if the park wishes to maximize its profit?

What is the park's profit for each guest?

If a two-part tariff policy is used, what admission fee should the park charge to maximize its profit?

What is the park's profit for each guest?

New York City is the most expensive city in the United States for lodging. The mean hotel room rate is $205 per night (USA Today, April 30, 2012). Assume that room rates are normally distributed with a standard deviation of $55. Use Table 1 in Appendix B. a. What is the probability that a hotel room costs $225 or more per night (to 4 decimals)? b. What is the probability that a hotel room costs less than $143 per night (to 4 decimals)? c. What is the probability that a hotel room costs between $201 and $301 per night (to 4 decimals)? d. What is the cost of the 20% most expensive hotel rooms in New York City? Round up to the next dollar.