1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dennis_Churaev [7]
1 year ago
6

If total sales are $2550.00 and 110 guests were served, the average guest check would be?

Business
1 answer:
aliina [53]1 year ago
4 0

A typical guest's check would be for $23.18.

How Do Sales Operate?

Any transaction in which two or more parties exchange money in exchange for the buyer getting tangible or intangible goods, services, or assets is referred to as a sale. On occasion, a seller may receive additional assets. A sale is another term used in the financial markets to describe an agreement between a buyer and a seller over the price of a security.

No of the circumstance, a sale is in essence a contract between the buyer and the seller of the particular good or service in question.

In a sale, two or more parties typically include a buyer and a seller who exchange goods or services for money or other assets.

to know more about sales

brainly.com/question/25743891

#SPJ4

You might be interested in
. Which one of the following is an example of an economic good? (a) visit to a dentist (b) pair of sneakers (c) lesson taught by
Anvisha [2.4K]

Answer:

b

Explanation:

b :because an enconomic good is something you pay for

7 0
2 years ago
Dallas Boot Corporation has been asked to submit a bid on supplying 1,000 pairs of military combat boots to the Armed Forces Tra
Kipish [7]

Answer:

Dallas Boot Corporation

Assuming that there would be no commission on this potential sale, the lowest price the firm can bid is some price greater than:_________

= $20.

Explanation:

a) Data and Calculations:

Pairs of military combat boots on the bid = 1,000

Direct material                                     $8

Direct labor                                            6

Variable overhead                                3

Variable selling cost (commission)      3

Fixed overhead (allocated)                  2

Fixed selling and administrative cost  1

Total cost of production and sales $23

Less commission                                 3

Total cost per boot                         $20

b) The bidding price less sales commission will be a price that is greater than $20 per boot.  The extra amount per boot will cover the profit expected from the transaction.

7 0
2 years ago
XYZ Company has expected earnings of $3.00 for next year and usually retains 40 percent for future growth. Its dividends are exp
Verizon [17]

Answer:

Price of stock  = $40

Explanation:

According to the dividend growth model, the price of a stock is the present value of expected dividend discounted at the required rate of return.

This is done as follows:

Price of a stock = D×(1+r)/(r-g)

D(1+g) - Dividend for next year = 100%-40%× $3 = $1.8

g- growth rate - 10%

r- required rate of return - 15%

Price of stock = 1.8× (1.1)/(0.15-0.1)

                    = $40

6 0
3 years ago
A budget represents the plans that a company has in place to achieve its goals.
goldfiish [28.3K]
I believe the answer is A. True
5 0
3 years ago
Read 2 more answers
Say's law says that
Nutka1998 [239]

Answer:

The answer is : People consume the goods  they produce

Explanation:

Say's law could also be refereed to as  Say's law of markets in Classical economics states that supply itself creates its own demand which is equivalent to people consuming what they produce.

3 0
3 years ago
Other questions:
  • Chocolate Co. reports the following information from its sales budget: ​ Expected sales:
    14·1 answer
  • Anthony’s debit card was stolen and someone purchased over $1,000 worth of items on it. Which law or regulation protects Anthony
    8·1 answer
  • The company president does not believe that the formula should be altered for fear it will tarnish the company's brand
    12·1 answer
  • A large group of fans are upset about the high price of tickets to many events. As a result of their lobbying efforts, a new law
    10·1 answer
  • What are some questions you may ask when reevaluating a goal? (Choose all that apply.)
    6·1 answer
  • "Today you made a student loan of $10,000 with the 5.5% annual interest rate. You will be in school next four years and you do n
    6·1 answer
  • Dan, and Mike are brothers. They plan to begin savings plans when each is exactly 25. Each brother plans to save $6,000 per year
    13·1 answer
  • Your portfolio is 230 shares of Barden, Inc. The stock currently sells for $93 per share. The company has announced a dividend o
    14·1 answer
  • Market-leader Frito-Lay sells so many snacks to U.S. stores that it operates the country's seventh-largest private fleet of truc
    15·1 answer
  • 3.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!