Astadium charges $15 to park in the stadium parking lot, and $10 to park in the satellite lot. if the stadium wants to make $300,000 in parking revenue and the stadium parking lot is full already with 12,000 cars, how many fans would have to park in satellite lots to make the revenue goal?
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Ответ:
12,000
Explanation:
The aggregate amount of revenue of the stadium is $300,000 from which they have $180,000 from the stadium parking lot which has 12,000 cars inside it. So, it is $12,000 × $15 is equal to $180,000.
So, remaining will be
= $300,000 - $180,000
= $120,000
This amount needed for attaining the revenue.
So, from satellite, they revenue of $120,000. So, the number required to make it this amount is computed as:
= $120,000 / Rate of parking
= $120,000 / $10
= 12,000
Ответ:
$300 million
Explanation:
Computation of S the value of equity after the recap
First step is to find the Value of debt using this formula
Value of debt = (New Debt / WD) - Value of Debt
Let plug in the formula
Value of debt = [$300 million / 0.60] - $300 million
Value of debt =500 million -$300 million
Value of debt =$200 million
Second step is to calculate for the Value of equity using this formula
Value of equity = Total market value - Value of debt
Let plug in the formula
Value of equity= $500 million - $200 million
Value of equity = $300 million
Therefore S the value of equity after the recap will be $300 million.