For Ski Corp. the highest activity level that they see is 1,300 rentals. During their low season, they only have 400 rentals. The total cost to operate Ski Corp. at their high activity level is $4,800 and at the low activity level, operating costs are $3,000. What is the variable cost per rental for Ski Corp.?

A. $2 per rental

B. $2,600 per rental

C. $800 per rental

D. $0.50 per rental

For Ski Corp. the highest activity level that they see is 1,300 rentals. During their low season, they only have 400 rentals. The total cost to operate Ski Corp. at their high activity level is $4,800 and at the low activity level, operating costs are $3,000. What is the fixed cost for Ski Corp.?

• A. $2,600
• B. Not enough information.
• C. $2,200
• D. $800

• Which of the following would be considered a cash inflow for Investing Activities on the Statement of Cash Flows?

• A.

  Cash collections from Accounts Receivable.

• B.

  Cash received as interest.

• C.

  Cash received from issuing stock.

• D.

  Cash received as collection of principal on a loan.