Answer:
He would need to sell 130 ticket packages to break even
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
Variable cost is cost that varies with output. If output is zero, no variable cost would be incurred.
Fixed cost is cost that does not vary with output.
= 130
Answer:
d. It would increase liabilities by $600
Explanation:
Supplies are part of inventory, and when inventory is purchased it increases assets.
But is it purchased against cash then there is no change as assets in the form of cash is reduced by same.
Further, if these are purchased on credit then the balance of liabilities increases as the increase in liabilities and increase in assets keep the balance sheet equation matching.
Thus, purchasing on credit will increase the liabilities.
Answer:Corperation
Explanation: A corporation is an organization usually a group of people or a company authorized by the state to act as a single entity and recognized as such in law for certain purposes. Early incorporated entities were established by charter. Most jurisdictions now allow the creation of new corporations through registration.
Answer: One-third
Explanation:
The impact of technology in our everyday life cannot be understated. Technology has made life easier by simplifying our work lives and personal lives. In the restaurant industry, technological terms such as artificial intelligence, mobile apps, smart devices etc are now common in the industry.
Technology helps in making work easier. This can be noticeable in knowing the food cost percentage of a restaurant. Through technology, the food cost percentage of a restaurant can now be known in one third of the time used before technology came into place.
Answer:
The federal government can regulate Jen's activity citing the supreme court rule of the government ability to regulate any activity interstate or intrastate that affects interstate commerce.
In the line of this argument it means that a farmer growing and of goods affects interstate commerce.
The farmers best argument concerning the federal government regulating their activities due to interstate commerce is that his activities are purely local and although I don't believe any court will hear him out.
Explanation:
