Answer:
1) Colt Carriage Company
Income Statement
For the month ended April 202x
Revenues:
- Adults passengers $186,300
- Children $81,000
- Total revenues $267,300
Variable costs:
- City fees $26,730
- Souvenirs $7,425
- Brokerage fees $11,340
- Carriage drivers $52,650
- Total variable costs <u>$98,145</u>
Contribution margin $169,155
Period costs:
- Depreciation $2,900
- Horse leases $48,000
- Marketing expenses $7,350
- Payroll expenses $7,600
- Total period costs <u>$65,850</u>
Operating profit $103,305
2) If the total amount of passengers increase by 10%, then all variable costs will increase by 10% except brokerage fees which would increase only by 6%. Revenues should also increase by 10%. Period costs should not change.
Contribution margin should increase by 10.29% and operating profit would increase by 16.81%.
Explanation:
since the information is not complete, I looked it up:
Revenues
13,500 passengers:
8,100 x $23 = $186,300
5,400 x $15 = $81,000
total $267,300
variable costs:
fees paid to the city 10% of total revenue
souvenirs $0.55 per passenger
brokerage fees 60% of total tickets x $1.40
carriage drivers $3.90 per passenger
fixed costs:
depreciation $2,900
horse leases $48,000
marketing expenses $7,350
payroll expenses $7,600
Answer:
The answer is -$1,072
Explanation:
The company's cash flow to creditors is the total amount of money paid to the creditors. It is a cash outflow because money goes out of the company to pay the creditors.
Company's cash flow to creditors = Interest paid - (ending long-term debt - beginning long-term debt)
$4,327 - ($44,875 - $39,476)
$4,327 - $5,399
= -$1,072
Note: The answer is in negative.
The market will crash......without regulations.
The issuer must be of the organization where <u>Securities issued by nonprofit organizations are exempt from </u><u>federal registration</u><u>, regardless of how they are sold.</u>
<h3>
What is federal registration?</h3>
- The federal registration, the U.S. federal government's official journal, publishes notices to the public, proposed regulations, and guidelines for government agencies.
- Except for federal holidays, it is published every workday. The Code of federal registration (CFR), which is revised yearly, codifies the final rules issued by a federal agency and published in the Federal Register after being rearranged by theme or subject matter.
- The Government Publishing Office prints the federal registration after it has been assembled by the Office of the federal registration (a division of the National Archives and Records Administration). The federal registration is free from copyright restrictions because it is a government-produced work and belongs to everyone.
To learn more about federal registration with the given link
brainly.com/question/15135734
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Answer:
The correct answer is Medium of exchange, Unit of account, store of account.
Explanation:
Money offers four main functions in an economy: medium of exchange, unit of account, deposit of value and deferred payment standard. Means of payment means that money is used to make transactions. Unit of account also refers to the measure of value, that is, prices are established in terms of money, of this unit.
The deposit of value means that value, the satisfaction of desires and needs, can be stored over time, using money. Deferred payment standard means that future payments, such as the payment of a car loan, are also established in terms of monetary unit.