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mr Goodwill [35]
3 years ago
15

Fave Motion Pictures sells movie tickets for $ 15 per movie patron. Variable costs are $ 9.00 per movie patron and fixed costs a

re $ 51 comma 000 per month. The​ company's relevant range extends to 33 comma 000 movie patrons per month. What is Fave Motion​ Pictures' projected operating income if 20 comma 000 movie patrons see movies during a​ month?
Business
1 answer:
Mekhanik [1.2K]3 years ago
8 0

Answer:

Fave Motion​ Pictures' projected operating income if 20,000 movie patrons see movies during a​ month is  $ 69,000.

Explanation:

We subtract the variable and fixed costs from the sales revenue to get the projexted operating income.

Fave Motion Pictures

Operating Income for 20,000 units

Sales  $ 15 * 20,000=                   $ 300,000

Variable costs  $ 9.00 *20,000 = $180,000

Fixed costs                                      <u> $ 51, 000 </u>

Operating Income                             $ 69,000

Fave Motion Pictures

Operating Income for 33,000 units

Sales  $ 15 * 33,000=                   $ 495,000

Variable costs  $ 9.00 *33,000 = $297,000

Fixed costs                                      <u> $ 51, 000 </u>

Operating Income                             $ 147,000

The fixed costs will not change as they are treated as period costs given per month.  Fave Motion​ Pictures' projected operating income if 20,000 movie patrons see movies during a​ month is  $ 69,000.

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ser-zykov [4K]

Answer:

D. online communities

Explanation:

-Social networks are sites where people can share information and communicate.

-Microblogs are a type of online blog that has short entries.

-Niche networks are networks that focus on a specific group of people.

-Online communities are groups of people that interact on the internet through forums, chat rooms to get information about specific topics.

According to this, these forums are an example of online communities.

4 0
3 years ago
Compute net income for 2019 by comparing total equity amounts for these two years and using the following information: During 20
satela [25.4K]

Answer:

net income during 2019 = $109,045

Explanation:

total stockholder equity 2018 = assets - liabilities = $293,500 - $79,245 = $214,255

total stockholder equity 2019 = assets - liabilities = $497,512 - $177,212 = $320,300

change in equity from 2018 to 2019 = $106,045

$33,000 can be explained by additional capital invested, and the remaining  $73,045 corresponds to change in retained earnings

change in retained earnings = net income - dividends distributed

$73,045 = net income - $36,000

net income = $109,045

7 0
3 years ago
An employee that has integrity is
damaskus [11]

Explanation:

Integrity is the quality of having strong ethical or moral principles and following them at all times, no matter who's watching. A person with integrity acts with honesty, honor, and truthfulness.

5 0
2 years ago
Lincoln Park Co. has a bond outstanding with a coupon rate of 6.04 percent and semiannual payments. The yield to maturity is 6.1
Reil [10]

Answer:

value of the bond = $2,033.33

Explanation:

We know,

Value of the bond, B_{0} = [I * \frac{1 - (1 + i)^{-n}}{i}] + \frac{FV}{(1 + i)^n}

Here,

Face value of par value, FV = $2,000

Coupon payment, I = Face value or Par value × coupon rate

Coupon payment, I = $2,000 × 6.04%

Coupon payment, I = $128

yield to maturity, i = 6.1% = 0.061

number of years, n = 15

Therefore, putting the value in the formula, we can get,

B_{0} = [128 * \frac{1 - (1 + 0.061)^{-7}}{0.061}] + [\frac{2,000}{(1 + 0.061)^7}]

or, B_{0} = [128 * \frac{1 - (1.061)^{-7}}{0.061}] + [\frac{2,000}{(1.061)^7}]

or, B_{0} = [128 * \frac{0.3393}{0.061}] + 1,321.3635

or, B_{0} = [128 * 5.5623] + 1,321.3635

or, B_{0} = $711.9738 + 1,321.3635

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Two bad email etiquettes used in the email above are:

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<h3>What are email etiquettes?</h3>

The use of acceptable language, standards, and politeness in an email is referred to as email etiquette. Business emails often need formal language as well as rigorous respect to appropriate grammar and spelling.

Five useful E-mail Etiquette are:

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Learn more about email etiquette:
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8 0
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