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ki77a [65]
4 years ago
9

Many major league teams capture information about their customers or prospective customers and then segment those customers by t

heir demographic information to show their likelihood of buying tickets to future games. A. True B. False
Business
1 answer:
Nookie1986 [14]4 years ago
5 0
The correct answer is false
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Union Apparel has sales including sales taxes for the month of $552,000. If the sales tax rate is 6%, what are Union Apparel's s
nadezda [96]

Answer:

Union Apparel's sales for the month is $520,000

Explanation:

For computing the monthly sales excluding taxes, the calculation is shown below:

= Sales including sales taxes × Sales ÷ sales with sales tax

where,

1 is the sales value

And, sales value with tax equals to

= 1 + 6 % = 1 + 0.06 = 1.06

Now, put these values to the above formula

So, the value would be equal to

= $552,000 ×1 ÷ 1.06

= $520,000

Hence, Union Apparel's sales for the month is $520,000

7 0
4 years ago
Vhat expenses do you need to budget for if you choose to rent a home? Check all that apply.
Gwar [14]

Answer:

answer is A,D,F,G

Explanation:

3 0
3 years ago
Read 2 more answers
Suppose both supply and demand increase. What effect will this have on the equilibrium price?
Ronch [10]

Answer:

A new breakeven point will be determined.

Explanation:

The law of supply and demand suggests that price and quantity equilibrium are determined by the interaction between supply and demand. This breakeven point may vary as supply and demand change. When supply increases the price decreases and when the price decreases the demanded quantity increases. In this way, a new equilibrium price will be determined at a lower value than the previous price.

5 0
4 years ago
In January 2021 Red Co. purchased a patent at a cost of $202,000. Legal and filing fees of $70,000 were paid to acquire the pate
Aleks [24]

Answer:

$229,400

Explanation:

Here for computation of charged to income (expense and loss) first we need to find out the total cost of the patent and amortization expenses for three year which is shown below:-

Total cost of the patent = Patent cost + Legal and filing fees

= $202,000 + $70,000

= $272,000

Amortization expense for three years = Total cost of the patent ÷ Useful life × 3 years

= $272,000 ÷ 10 × 3 years

= $81,600

Net Patent cost = Total cost of the patent - Amortization expense for three years

= $272,000 - $81,600

= $190,400

Now,

The amount charged to income (expense and loss) in 2024 related to the patent = Net Patent cost + Incurred legal fees

= $190,400 + $39,000

= $229,400

Therefore for computing amount to be charged to income we simply added the net patent cost and the legal fees spend

7 0
3 years ago
The partnership agreement of Owens, Gehrig, and Nagurski provides for the following income ratio: (a) Owens, the managing partne
polet [3.4K]

Answer:

Owens will get $18,000 + $12,000 = $30,000

Explanation:

average capital investments:

  • Owens $100,000
  • Gehrig $200,000
  • Nagurski $300,000

Net income = $90,000

Owens received a $18,000 salary

Remaining income = $72,000

interest on capital investment = $600,000 x 15% = $90,000

since $90,000 ≥ $72,000, profits must be allocated proportionally:

Owens = $72,000 x 1/6 = $12,000

Gehrig = $72,000 x 2/6 = $24,000

Nagurski = $72,000 x 3/6 = $36,000

7 0
3 years ago
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