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nekit [7.7K]
3 years ago
6

If the stadium made $2,150,000 last year for sports events but only made $1,650,000 this year, what is the percentage decrease i

n profit? (Round to the nearest percent.)
Business
2 answers:
I am Lyosha [343]3 years ago
8 0

Answer:

23%

Explanation:

stellarik [79]3 years ago
6 0

23% decrease.


We can do this by simply dividing 1,650,000 by 2,150,000. That would give us 0.7674. Multiply that by 100 and you have 76.74%.

However, this is the percent amount of how 1,650,000 is out of 2,150,000. So, we need to simply minus this answer by 100 to get 23.26, or 23%.

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Evidence seems to support the view that studying public information to identify mispriced stocks is: Select one: a. effective as
uranmaximum [27]

Answer:

Correct Answer:

c. ineffective.

Explanation:

In stock market, there are so many firms upon whose stocks are being traded on by various investors. Most of these stocks could be legit while others could be fraud through price fixing or mispricing. <em>Evidence carried out has shown that, it is highly ineffective studying public information in-order to identify mispriced stocks.</em>

6 0
3 years ago
Petrus Framing's cost formula for its supplies cost is $2,300 per month plus $6 per frame. For the month of March, the company p
Alchen [17]

Answer:

$30 Favorable

Explanation:

Calculation for the activity variance for supplies cost in March

Using this formula

Activity variance = (Actual units - Budgeted units) * Variable cost

Where,

Actual units=856

Budgeted units=861

Variable cost=$6

Let plug in the formula

Activity variance=(856-861) * $6

Activity variance=5*$6

Activity variance=$30 Favorable

Therefore the activity variance for supplies cost in March would be closest to: $30 Favorable

8 0
3 years ago
The biggest factor in determining the price of a mortgage is:
kramer
Money because the more money you invest the mor you have to spend
5 0
3 years ago
Many new restaurants have opened in Collegetown in recent years. Given this change in supply, what type of demand would result i
Darina [25.2K]

Answer: Inelastic demand

Explanation:

When new restaurants have opened in College town in recent years, the supply for restaurant meals increase. This will lead to a rightward shift in the supply curve for restaurant meals leading to a fall in the price and an increase in the quantity. The fall in price will be larger the more inelastic demand is.  When demand is more elastic then a fall in price will be less when supply increases.

7 0
3 years ago
As the president of a local trade company, Kristin is faced with leadership, ethical, and operational decisions on a daily basis
NISA [10]

Answer:

B. Information Management

Explanation:

According to Wikipedia, Information management is the collection and management of information from one or more sources and the distribution of that information to one or more audiences.

It is involves collecting, storing and managing information gotten in all its forms. Of course, there are various forms of information, whether physical or electronical or otherwise.

Kristen's Job in the company involves organizing resources info (collecting), regulating how they are used and making sure they are the necessary information needed by the company's workers which is all part of the information management process.

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3 years ago
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