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Rina8888 [55]
4 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]4 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]4 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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On August 31, Planar Corp. exchanged 100,000 shares of its $40 par value common stock for all of the net assets of Sistrock Co.
vlada-n [284]

Answer:

$7,200,000

Explanation:

Calculation to determine At what amount should Planar record the acquisition of Sistrock's net assets

Using this formula

Acquisition of Sistrock's net assets =(Shares of common stock issued ×Common stock fair value per share

Let plug in the formula

Acquisition of Sistrock's net assets=100,000*$72

Acquisition of Sistrock's net assets=$7,200,000

Therefore the amount that Planar should record the acquisition of Sistrock's net assets is $7,200,000

3 0
3 years ago
Flychucker Corporation is evaluating an extra dividend versus a share repurchase. In either case $19,000 would be spent. Current
S_A_V [24]

Answer:

Alternative I: (Extra dividend)

Price per share is $ 46.20

Shareholder wealth per share is $ 42.40

Alternative II: ( Share repurchase)

For share repurchase, the price per share and the shareholder wealth is equal to the stock price.

Explanation:

Alternative I: (Extra dividend)

Amount spent = $19,000

Outstanding shares = 5,000 shares

Stock price = $50

Price per share = Stock price - \frac{Amount spent}{Outstanding Shares}

= $50 - \frac{19,000}{5,000} = $50 - $3.8

= $ 46.20

Shareholder wealth per share = Price per share - \frac{Amount spent}{Outstanding Shares}

= $46.20 - $3.8

=$ 42.40

Alternative II: ( Share repurchase)

For share repurchase, the price per share and the shareholder wealth is equal to the stock price.

3 0
4 years ago
What is “a highly unreasonable omission or misrepresentation involving an extreme departure from the standards of ordinary care
Tatiana [17]
The correct answer is reckless conduct.
Reckless conduct is the term which refers to someone's actions which deviate from what was prescribed. So, when someone does something they were not supposed to do or fails to do something they were supposed to do, that will count as reckless conduct or behavior.
6 0
3 years ago
Suppose aggregate consumer spending equals $5,000 when aggregate disposable income is zero. Furthermore, suppose that when dispo
Margarita [4]

Answer:

B) $6,400

Explanation:

The equation for the aggregate consumption spending function:

  • C = $5,000 + [$70 / ($400 - $300)] YD = $5,000 + ($70 / $100) YD = $5,000 + 0.7 YD

If YD = $2,000

total value of aggregate consumer spending = $5,000 + (0.7 x $2,000) = $5,000 + $1,400 = $6,400

6 0
3 years ago
Taggart Transcontinental pays no dividends, but spent $4 billion on share repurchases last year. Taggart's equity cost of capita
Andrej [43]

This question is incomplete, the complete one was gotten from google.

Taggart Transcontinental pays no dividends, but spent $4 billion on share repurchases last year. Taggart's equity cost of capital is 13% and the amount spent on repurchases is expected to grow by 5% per year. Taggart currently has 2 billion shares outstanding.

Taggart's stock price is closest to:

A. $25.00

B. $12.50  

C. $15.40

D. $20.00

Answer:

Taggart Transcontinental pays no dividends, but spent $4 billion on share repurchases last year. Taggart's equity cost of capital is 13% and the amount spent on repurchases is expected to grow by 5% per year. Taggart currently has 2 billion shares outstanding.

Taggart's stock price is closest to $25 - option A.

Explanation:

Market capitalization = 4/ (0.13 -0.05)

                                   = 4/0.08

Market capitalization = 50

Price per share = 50/2 = $25

Therefore, Taggart's stock price is closest to $25 - option A.

4 0
3 years ago
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