Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 12 Jul 2017 My Price 8.00

City of Mirada

CableVision has been approached by the City of Mirada to run its cable operations in 2016. After negotiating with key parties, CableVision has made the following agreements: It will offer Mirada residents a basic set of 25 cable television stations at a rate of $30.49 per month. CableVision will pay the city $100,000 per month plus $3.25 per cable subscriber per month to maintain the physical facilities. CableVision will actually pay another company an annual fixed fee of $700,000 plus $9.00 per cable subscriber per month to broadcast the 25 channels. CableVision estimates that operating costs for billing, program news mailings, etc. will be $120,000 per month plus 7% of monthly revenue. CableVision has several questions about its monthly revenues, costs, and profits in 2016. REQUIRED [ROUND YOUR ANSWER TO PART A, QUESTION 1 TO THE NEAREST CENT; ROUND ALL OTHER ANSWERS TO THE NEAREST UNIT OR NEAREST DOLLAR.] Part A (6 tries; 8 points) 1. What is the estimated monthly contribution margin per cable subscriber for CableVision in 2016? 2. What are the estimated total monthly fixed costs for CableVision in 2016? Part B 1. What is CableVision's estimated monthly operating income in 2016 if 18,000 residents subscribe? 2. How many monthly subscribers would be required for CableVision to break even in 2016? 3. How many monthly subscribers would be required for CableVision to earn $22,000 per month in 2016? 4. Assuming a tax rate of 30%, what must revenue be in order for CableVision to earn $22,000 per month in 2016

Answers

Maurice Tutor
(5)
Status NEW Posted 12 Jul 2017 10:07 PM My Price 8.00

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