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Margaret [11]
4 years ago
5

An arena receives $1,000 per event for 16 concerts. If the administrative costs for this sponsorship total $12,000, what is the

profit margin for the concert sponsorship?
Business
2 answers:
finlep [7]4 years ago
6 0
1,000 multiply 16
16,000-12,000=4,000
Mkey [24]4 years ago
3 0

ANSWER: $4000

EXPLANATION: It can be seen that the arena receives $1000 for each events. There are total 16 concerts which has been held in the arena. So, the total fund the arena received is $1,000 x 16 = $16,000.

However, the administrative costs of the arena stands at $12,000.

So, the profit margin of the arena for the concert sponsorship is $16,000 - $12,000 = $4,000

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The interview in Hilton's process would be considered a situational interview, which is structured.

<h3>What is a situational interview?</h3>

This is a type of interview where the people that are being interviewed are asked hypothetical questions.

The questions that they are asked is usually to get to know how they would behave in given situations.

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3 years ago
A sinking fund provision is _______ to investors, so bonds with a sinking fund provision generally have _______ yields than bond
olchik [2.2K]

A sinking fund provision is attractive; to investors, so bonds with a sinking fund provision generally have lower yields than bonds without.

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Full question with options:

A sinking fund provision is ________ to investors, so bonds with a sinking fund provision generally have _______ yields than bonds without.

a. unattractive; higher

b. unattractive; lower

c. attractive; lower

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3 0
2 years ago
Utica Company has offered to supply Kingston's entire annual requirements of the part for $53 each. If Kingston buys the part fr
miss Akunina [59]

Answer:

$480,000

Explanation:

Calculation to determine what total relevant costs to make the part internally are

First step is to calculate Relevant cost per unit:

Relevant cost per unit:

Direct materials $6

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Variable manufacturing overhead $12

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E-Eyes just issued some new preferred stock. The issue will pay an annual dividend of $18 in perpetuity, beginning 7 years from
barxatty [35]

Answer:

price of preferred stock = $465.65

Explanation:

given data

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return = 3.2 percent = 0.032

solution

we know prefer stock price is express as

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