Suppose your company has a simple service process. Customers arrive at the rate of 48 per hour. They are currently served at the rate of 60 per hour. a) Compute the utilization, average time a customer spends waiting for service to begin, and the average number of people in the system. b) The numbers above are long-term averages. At any given time, the number of people in the system may be more or less than your computed average. The company believes that when there are more than 10 people in the system, customer satisfaction drops significantly. What percentage of time are there more than 10 people in the system

If a bond is issued at a premium the effective interest rate is most likely

At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. required: a. journalize the adjusting entry to record the accrued fees on december 31. refer to the chart of accounts for exact wording of account titles. b. if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?