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Farebox recovery ratio. The farebox recovery ratio (also called fare recovery ratio, fare recovery rate or other terms) of a passenger transportation system is the fraction of operating expenses which are met by the fares paid by passengers. It is computed by dividing the system's total fare revenue by its total operating expenses.
28. Fares are rounded to the nearest $0.05 for single-ride fares and day passes and $1.00 for monthly passes, after fare multiples are applied. The minimum adult single-ride fare (for travel on GO Transit within one fare zone) is always $4.50; other fares depend on the fare zones travelled.
Fare basis code. A fare basis code (often just referred to as a fare basis) is an alphabetic or alpha-numeric code used by airlines to identify a fare type and allow airline staff and travel agents to find the rules applicable to that fare. Although airlines now set their own fare basis codes, there are some patterns that have evolved over the ...
Trying to save money on airline tickets? With the average round-trip airfare hovering around $400 for domestic trips, of course you want to snag the lowest fare possible. To get the best price ...
The risk-free rate is also a required input in financial calculations, such as the Black–Scholes formula for pricing stock options and the Sharpe ratio. Note that some finance and economic theories assume that market participants can borrow at the risk-free rate; in practice, very few (if any) borrowers have access to finance at the risk free ...
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On September 25, 2013, the USPS announced a 3-cent increase in the First Class postal rate, effective January 26, 2014, increasing the price of a stamp to 49 cents. Bulk mail, periodicals, and package service rates were also increased by 6 percent. A loss of US$5 billion during the 2013 fiscal year was the reason given for the increase. [30]
Passengers taking more than 40 non-co-fare trips in a calendar month ride the system for free for the remainder of the month. With a Presto card, seniors age 65 and older ride free, while teenagers can ride fare-free from 6 pm until end of service on weekdays and all-day on weekends. [94] Durham Region Transit: $3.60: $2.38: Free: $3.24: Free ...