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
denis-greek [22]
3 years ago
13

Wanda is organizing an Employee Appreciation Day event and is soliciting vendors to provide food and drinks. There are 638 emplo

yees at the company, and roughly half are married. The event is taking place during normal work hours, so it is assumed that no children will attend. Assuming that all of the spouses will turn up, every attendee will spend at least $2, what is Wanda's expected revenue for the event?
Business
1 answer:
DedPeter [7]3 years ago
6 0

In this case, Wanda can calculate the revenue for her Employee Appreciation Day event by using this formula:

  • revenue = [(number of employees of the company) + (½ x number of employee of the company)] x event price
  • x = [(638) + (319)] x 2
  • x = 952 x 2
  • x = $1,914

Thus, Wanda’s expected revenue is $1,914, assuming that half of the employees are married and will be attending the Employee Appreciation Day alongside their spouse.  


You might be interested in
Problem 2-15 (Algorithmic) Life Insurance (LO 2.8) Sharon transfers to Russ a life insurance policy with a cash surrender value
skelet666 [1.2K]

Answer:

$38,440

Explanation:

Calculation to determine How much of the proceeds, if any, is taxable to Russ

Face value of policy $74,400

Less: Cash Surrender value ($24,800)

Less: Premium paid ($11,160)

Taxable Proceeds $38,440

Therefore the taxable Proceeds are $38,440.

6 0
2 years ago
A broad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or
Vlada [557]

A broad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or years is the <u>Time period principle.</u>

The time period principle- Financial results and other material business activities should be reported over a consistent time period, such as a month, week, day, etc., in accordance with the time period concept. Depending on the frequency of the chosen time period, the firm must then adhere to a distinct set of regulations for each financial statement in accordance with US Generally Accepted Accounting Principles.

Any company's financial statements can be thought of as a snapshot in time that reveals both the company's history and its current status. That's why it's crucial to disclose to readers the time frame in which the financial statements were generated in accordance with the time period concept.

In its broadest sense, the time period principle holds that any enterprise may conveniently categorize its financial operations into discrete time intervals. That is to say, all cash inflows and outflows may be neatly categorised into separate and sequential accounting periods.

<u></u>

To know more about Time period principle refer here:

brainly.com/question/13035515

#SPJ4

3 0
1 year ago
You are an RR at a firm and one of your customers calls you up and informs you that she wishes to exercise a long listed option
MAVERICK [17]

Answer:

The correct answer is:  The firm would present the order to the Options Clearing Corporation.

Explanation:

The Options Clearing Corporation or OCC works under the Securities and Exchange Commission (<em>SEC</em>) and acts as a guarantor and the issuer of options and futures contracts. The OCC is also in charge of clearing transactions for stock indexes, interest rate composites, and foreign currencies.

7 0
3 years ago
One of juran's ten steps to quality improvement states that:
daser333 [38]

Answer:

an organization should build awareness of the need and opportunity for improvement.

Explanation:

Juran’s 10 steps to quality improvement are:

   Build awareness of opportunity to improve.

   Set-goals for improvement.

   Organize to reach goals.

   Provide training

   Carryout projects to solve problems.

   Report progress.

   Give recognition.

   Communicate results.

   Keep score.

   Maintain momentum by making annual improvement part of the regular systems and processes of the company

6 0
2 years ago
A company has a process that results in 12,000 pounds of Product A that can be sold for $8 per pound. An alternative would be to
eimsori [14]

Answer:

The correct answer is management should sell Product A now.

Explanation:

According to the scenario, computation of the given data are as follows:

Total production = 12,000 pounds

Sell price = $8 per pound

If process further, Cost = $80,000

Selling price = $14 per pound

So, If we sell the product without further process, than

Total sale value = 12,000 × $8 = $96,000

And, if we sell the product after further processing, then

Total sale value = (12,000 × $14) - $80,000

= $88,000.

As, sales value is more in selling the product without further process, so management should sell the product without further processing it.

8 0
3 years ago
Other questions:
  • An increase in the price of cheese crackers from $2.25 to $2.45 per box causes suppliers of cheese crackers to increase their qu
    7·1 answer
  • The annual demand for an item is 10,000 units. The cost to process an order is $75 and the annual inventory holding cost is 20%
    8·1 answer
  • Multinational companies (MNCs) have found that cross-functional coordination results in people spending more time within their f
    6·1 answer
  • When preparing the operating budgets for a manufacturing company, the manufacturing overhead budget ________. only includes vari
    10·1 answer
  • Businesses use productivity suites in order to ________. a. Be on the cutting edge of technology b. Justify spending money on ca
    5·1 answer
  • The ledger of Claudell Company includes the following unadjusted normal balances: Prepaid Rent $1,000, Services Revenue $55,600,
    15·1 answer
  • If the efficient market hypothesis is true, price changes are independent and biased. Group of answer choices
    12·1 answer
  • A product enters the maturity phase of the life cycle, during which sales are
    7·1 answer
  • China is currently a socialist economic system. In view of china's explosive growth in supplying goods to the world do you see c
    9·1 answer
  • If the sales volumes in the east and west regions had been reversed, what would be the company’s overall break-even point in uni
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!