Answer:
Cost of goods will be $4670325
Explanation:
We have given current liabilities = $407000
A quick ratio = 1.90
Current ratio is 3.40 and inventory turnover = 4.50
We know that current ratio is the ratio of current assets and current liabilities
So 
So current assets = $1383800
Now quick ratio is equal to = 
So 
Inventory = $1037850
Inventory turnover is given 4.5
So 
So cost of goods sold = 4.5×$1037850 = $4670325
Answer:
The answer is by charging lower price on remaining three ticket (any ticket price above $0)
Explanation:
As company is not giving any refreshment so it not incurring any variable cost. So here sales is equal to contibution and every single dollar revenue generated is a contribtion towards fixed cost and targeted profit. So by decreasing sale price on remaining tickets company will be able to sell them and this sale will result in more profit to the company.
The type of economy that people grow crops for their own use is traditional .The correct answer is D.
Answer:
C. $4 million
Explanation:
With regards to the above we need to compute first the net profit, before the EBIT.
Gross profit
$3.1 million
Less : operating expenses
($0.6 million)
Net profit
$2.5 million
Therefore, the EBIT is computed as;
EBIT = Net profit + other income
EBIT = $2.5 million + $1.5 million
EBIT = $4.0 million.
The value of EBIT is $4 million.
ETF is an example of d. unlisted investments, in that it is not a direct form of investment made into the stock market.
Explanation:
Mutual funds and shares are methods of investing which put the money directly to the investment in the market either through a firm or individually by the shareholder.
ETF is a virtual share or fund in which the people are able to trade with equivalence in the real market but they are dealing in virtual for their investments which means the money is not actually directly put into the market so the investment is not listed with the stock market like it would be in other cases of investment
