1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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%.

You might be interested in
In preparing a statement of cash flows using the indirect​method, the Depreciation Expense​ ________
motikmotik

Answer:B -

Explanation:Depreciation is added back as an adjustment to the net income in the operating activities section.

8 0
3 years ago
Read 2 more answers
Cindy invests $10000 in an account that pays an annual rate of 3.96%, compounding semi-annually. approximately how much does she
stiks02 [169]

Annual Compound Formula is:

A = P( 1 + r/n) ^nt

Where:

A is the future value of the investment

P is the principal investment

r is the annual interest rate

<span>n is the number of  interest compounded per year</span>

t is the number of years the money is invested


So for the given problem:

P = $10,000

r = 0.0396

n = 2 since it is semi-annual

t = 2 years

 

Solution:

A = P( 1 + r/n) ^nt

A = $10,000 ( 1 + 0.0396/2) ^ (2)(2)

A = $10000 (1.00815834432633616)

A = $10,815.83 is the amount after two years

6 0
3 years ago
Westmoreland Corporation prepared its statement of cash flows for the year. The following information is taken from that stateme
vitfil [10]

Answer:

Cash Balance at the beginning of the year = $4,600

Explanation:

Opening Cash Balance = Closing Cash Balance - Net Increase (Decrease) in Cash

Opening Cash Balance = $18,100 - $13,500 = $4,600

5 0
3 years ago
Dakota Company had net sales (at retail) of $260,000.
disa [49]

Answer:

$35,860  

Explanation:

The computation of the ending inventory using the retail inventory method is shown below

Particulars                      Cost          Retail

Opening Inventory(A)   $63,800    $128,400

Purchases(B)                 $115,060    $196,800

Goods available

C=(A-B)                         $178,860     $325,200

Cost ratio

($178,860 ÷ $325,200 × 100) 55%  

Sales at retail (D)                            $260,000

End, Inventory at Retail                     $65,200

($325,200 - $260,000)

End, Inventory at Cost    $35,860  

($65,200 × 55%)

8 0
3 years ago
Marginal cost is calculated for a particular increase in output by A. multiplying the total cost by the change in output. B. div
Alina [70]

Answer:

B) dividing the change in total cost by the change in output

Explanation:

Marginal cost(MC) is the cost incurred as a result of producing additional units of goods and services. It is calculated by dividing a change in total cost by a change in output.

That is,

Marginal cost(MC)= change in total cost(TC)/ change in output

Total cost(TC): This is the addition of fixed and variable cost in production.

Total cost(TC)= fixed cost (FC)+variable cost (VC)

Fixed cost (FC) are cost that doesn't change during the production process such as buildings, machineries and furniture.

Variable cost (VC) are cost that changes or are used up during production process such as raw materials.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Al Darby wants to withdraw $20100 (including principal) from an investment fund at the end of each year for five years. How shou
    13·1 answer
  • A constant-cost industry
    6·1 answer
  • When marketers strive to get their customers the merchandise they want, when they want it, in the required quantities, and at a
    15·1 answer
  • When the owner of a sole proprietorship dies, what becomes of the business?
    6·1 answer
  • Prepare journal entries to record the following transactions entered into by the Merando Company: 2016 June 1 Received a $10,000
    9·1 answer
  • Which best describes a tsunami?
    5·2 answers
  • Deoro Company has identified the following overhead activities, costs, and activity drivers for the coming year:
    9·1 answer
  • Take a quick look at all the market segments by clicking on the SEGMENTS/SUMMARY tab. As you analyze the opportunity for each se
    7·1 answer
  • You invest $3,500 at 10% compounded annually for 3 years. How much will your investment be worth in 3 years
    11·1 answer
  • Dennis has just made the final monthly payment necessary for paying off his car financing. When he purchased the car three years
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!