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puteri [66]
3 years ago
9

12 less than the quantity of a number and 7 is -2

Business
1 answer:
Len [333]3 years ago
8 0
X= a number

Less than means to subtract from the quantity.

(x + 7) - 12= -2
add 12 to both sides
x + 7= 10
subtract 7 from both sides
x=3

ANSWER: A number equals 3.

Hope this helps! :)
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Park competes with Splashy World by providing a variety of rides. Storytime Park sells tickets at $ 100 per person as a​ one-day
GaryK [48]

Answer:

A) degree of operating leverage 4

B) 224,000

Explanation:

A) degree of operating leverage:

\frac{contribution}{profit}

<u>contribution per ticket:</u>

100 sales price - 20 variable cost = 80 contribution per ticket

8,000 x 80 = 640,000 total contribution

profit: 640,000 - 480,000 = 160,000

\frac{640,000}{160,000}

degree of operating leverage: 4

and increase in sales has a multipler effect of 4

B)

Operating income if sales increase by 10%:

8,000 tickets + 10% = 8,800 tickets

8,800 x 80 = 704,000 total contribution

fixed cost     (480,000)

income:         224,000

using degree of operating leverage:

160,000 x (1 + 0.1 x 4) = 160,000  x 1.4 = 224,000

4 0
3 years ago
I WILL GIVE BRAINLIEST
Ray Of Light [21]

Answer:fixed

Explanation:

Fixed expenses might include: Lease or a mortgage. Other capital expenses, like the cost of buying business assets - equipment, vehicles, furniture.

7 0
3 years ago
Read 2 more answers
On July 1, 2019, Ivanhoe Company purchased new equipment for $90,000. Its estimated useful life was 5 years with a $12,000 salva
ivann1987 [24]

Answer:

Journal entry

Explanation:

The journal entry to record the depreciation expense is shown below:

Depreciation Expense A/c Dr $7,800

           To Accumulated Depreciation - Equipment A/c $7,800

(Being depreciation expense is recorded)

The computation is shown below:

= ($90,000 - $12,000) ÷ 5 years × 6 months ÷ 12 months

= $7,800

The six months is calculated from July 1, 2019 to December 31, 2019

7 0
3 years ago
markets for goods and services appear in a number of forms. in perfectly (or purely) competitive markets: i. there are large num
Dmitrij [34]

Markets for goods and services appear in a number of forms. in perfectly (or purely) competitive markets:

i. there are large numbers of independently acting buyers and sellers

ii. the good that is produced and traded is homogenous or standardized.

<h3>What are competitive markets?</h3>
  • A competitive markets, also known as an atomistic market, is defined by a number of idealizing conditions, which are together referred to as perfect competition, or atomistic competition, in the field of economics, notably general equilibrium theory.
  • It has been shown that in theoretical models with competitive markets, a market will eventually find an equilibrium where the supply of all goods and services, including labor, equals the demand for all goods and services at the price in question.It would be Pareto optimal for this equilibrium to exist.
  • The two types of efficiency that competitive markets offers are allocative and productive. In the near term, completely competitive marketplaces are not always productively efficient since output does not always occur where marginal cost equals average cost.

To know more about competitive markets with the given link

brainly.com/question/13686157

#SPJ4

8 0
2 years ago
A seller listed her residence with a broker. The broker brought an offer at full price and satisfying terms of the listing from
schepotkina [342]

Answer:

The correct answer is owes commission to the broker.

Explanation:

The remuneration of real estate agents, in most transactions, is carried out as follows:

Two agents participate in the transaction: the one that represents the seller and the one that represents the buyer; It is the seller of the property responsible for paying the commission, which generally ranges between three percent (3%) and six percent (6%) on the sale price, and which is often divided into parts equal between both agents.

The homebuyer in most cases does not pay any commission to the real estate agent.

It is normal for the owner to try to sell his real estate directly, without hiring the real estate agent, based on the belief that this saves six percent (6%) of the commission charged by this professional; and it does not notice that in reality the direct sale supposes for the owner some expenses that, for the most part, equal that percentage; and, expenses which, are assumed by the real estate agent; being some of them, those mentioned above such as: Cost of printed advertising (flyers, brochures, "open-houses"), selection of potential buyers, visits to real estate; in short, a series of activities that translate into a benefit for the seller, insofar as the real estate agent assumes responsibilities that have not only an economic value, but a security and time value that prevents it from eventual stressful situations and risk to your person and your family group.

4 0
3 years ago
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