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AveGali [126]
3 years ago
14

A stadium brings in $16.25 million per year. it pays football-related expenses of $13.5 million and stadium expenses of $2.7 mil

lion per year. what is the stadium's current profit margin?
Business
1 answer:
Gala2k [10]3 years ago
3 0
<span>Answer: Profit margin is calculated as- Profit margin = Net profit / Revenue Net profit= Revenue- Cost Revenue = $16.25 million Cost = $13.5 million + $2.7 million Net profit = 16.25 million - (13.5 million + 2.7 million) Net profit = $0.05 million Profit margin = 0.05 / 16.25 Profit margin = 0.003077 or 0.3077%</span>
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n Tacoma, the tax on a property assessed at $430,000 is $7,310. If tax rates are proportional in this city, how much would the t
Fantom [35]

Answer:

$14620 is collected as tax for a property of $860,000

Explanation:

Let the tax rate on every property in Tacoma be x%. A property worth $430,000 was taxed $7,310. This implies that:

\frac{x}{100} *$430000=$7310

multiplying through by 100 we get:

\frac{x}{100} *$430000*100=$7310*100

430000x=731000

Dividing through by 430000 to get:

\frac{430000x}{430000}=\frac{731000}{430000}

x = 1.7%

Therefore the tax rate in Tacoma is 1.7%.

Since all tax rate is proportional, for a property of $430,000 the tax is $7,310, for a property of $860,000 let the tax be $y

Therefore y=\frac{860000*1.7}{100} =14620

This means that $14620 is collected as tax for a property of $860,000

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3 years ago
Assume, for Taiwan, that the domestic price of soybeans without international trade is lower than the world price of soybeans. T
aksik [14]

Answer:

a. Taiwan has a comparative advantage over other countries and Taiwan will export soybeans

Explanation:

In the case when the domestic price is less as compared to the world price so here it means the taiwan would have the comparative advantage over the other countries due to this the taiwan would export the soybeans

So as per the given situation, the option a is correct

And, the same should be considered and relevant

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Oral evidence in contract disputes is prohibited by:
Aleksandr-060686 [28]
There is a rule that states that oral evidence is prohibited in those cases. The law is called The parol evidence rule. This is a common law that prevents a party from presenting evidence that discloses abmiguities and clarifies it. It also prohibits adding something to the terms of the contract. 
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Letter B is correct.

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