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Rina8888 [55]
3 years ago
6

Barbara is the manager at a sports arena that draws an average of 2,700 patrons per event. each ticket taker can process 125 eve

nt-goers per event. how many ticket takers should barbara hire? (round up to a whole number.)
Business
2 answers:
galben [10]3 years ago
7 0

Answer:

22 ticket takers.

Explanation:

It is given that Barbara is the manager at a sports arena that draws an average of 2,700 patrons per event.

Each ticket taker can process 125 event-goers per event.

Let x be the number of ticket takers barbara should hire.

125\times x=2700

125x=2700

Divide both sides by

x=\frac{2700}{125}

x=21.6

x\approx 22

Therefore, Barbara should hire 22 ticket takers.

liberstina [14]3 years ago
6 0
Average patrons per event = 2,700

Number of event goers a ticket taker can process = 125

Therefore number of ticket takers that need hiring = 2700 ÷ 125 = 21.6 = 22 ticket takers
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Dollar Co. sold merchandise to Pound Co. on account, $25,500, terms 2/15, net 45. Pound Co. paid the invoice within the discount
aniked [119]

Answer:

$24,990

Explanation:

2/15 net 45 means that if the customer pays within the period of 15 days, he will get the discount of 2% of invoice amount, otherwise he has to pay the whole amount of invoice within the period of 45 days.

In the given scenario, since the Pound Co. has paid the invoice within the discount period, so therefore, the Pound Co. has availed the discount of 2% and accordingly the sales amount shall be recorded as follows:

Sales amount=Invoice amount*98%

                       =$25,500*98%

                       =$24,990

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2 years ago
What are the benefits of organizing your thoughts before you begin to speak?
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Sometimes when speaking, your thoughts get very jumbled, if you're at all like me. Organizing your thoughts can well, organize your thoughts! :)
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3 years ago
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John House has taken a $250,000 mortgage on his house at an interest rate of 6 percent per year. If the mortgage calls for 20 eq
stiks02 [169]

Answer:

$21,796.14

Explanation:

Use the Time Value of Money techniques to calculate the amount of each installment (PMT)

PV = $250,000

i =  6 %

n = 20

P/yr = 1

FV = $0

PMT = ?

Using a Financial calculator to input the values as above, each annual instalment/payment will be $21,796.14.

8 0
2 years ago
Based on the following data for the current year, what is the number of days' sales in accounts receivable? Net sales on account
ki77a [65]

Answer:

25 Days

Explanation:

Average Account receivables:

= (Accounts receivables, beginning of year + Account receivables, end of year) ÷ 2

= (45,000 + 35,000) ÷ 2

= 40,000

Account Receivables Turnover = Net Sales on Account ÷ Average Account Receivables  

Account Receivables Turnover = 584,000 ÷ 40,000

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No. of Days Sales in Accounts Receivables:

= No. of Days in a year ÷ Account Receivables Turnover

= 365 ÷ 14.6

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2 years ago
Preparing the statement of cash flows Polk Street Homes had the following cash transactions for the month ended July 31, 2018.Ca
MrRissso [65]

Answer:

Explanation:

The preparation of the Cash Flows from three Activities - Direct Method is shown below:  

Cash flow from Operating activities  

Cash receipts:

Collections from customers $25,000

Less: Cash payments:

Rent -$500

Utilities -$2,000

Salaries -$1,500

Net Cash flow from Operating activities $21,000

Cash flow from Investing activities  

Purchase of equipment -$25,000

Net Cash flow from Investing activities -$25,000

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Less: Payment of cash dividends -$4,000

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Net increase (decrease) in cash for the year is $5,000

Add: Cash balance, July 1, 2018 $14,000

Cash balance, July 31, 2018 $19,000

6 0
3 years ago
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