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8090 [49]
3 years ago
6

Tickets for the historical review of ballroom dancing at the Portsmouth Music Hall cost $42 for the main-floor seats and $25 for

the balcony seats. Let m represent the number of tickets sold for the main-floor seats and let b represent the number of tickets sold for the balcony seats. What is the algebraic expression for each of the following amounts?
(a) The cost in dollars of all the main-floor seats that were sold
(b) The total number of seats that were sold for the performance
Business
1 answer:
const2013 [10]3 years ago
7 0

Answer:

(a) The cost in dollars of all the main-floor seats that were sold: 42m + 25b. (b) The total number of seats that were sold for the performance: m+b.

Explanation:

Its understood that 1 tickect is equal to 1 seat, therefore the number of seats = number of tickets regardless of the type of seat. With this assumption, the algebraic expressions can be done.

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Which of the following would shift the long-run aggregate supply curve right? a. both an increase in the capital stock and an in
Nostrana [21]

Answer:

b. an increase in the capital stock, but not an increase in the price level.

Explanation:

In order to understand both short-run economic fluctuations and how the economy movement from short to long run, we need the aggregate supply and aggregate demand model.

An increase in the capital stock, but not an increase in the price level would shift the long-run aggregate supply curve right.

The long-run aggregate supply curve would shift rightward when immigration from foreign countries rises or technology improves.

When the price level rises, the wealth effect and the interest-rate effect provide incentives for consumers to spend less. The price level of goods and services in an economy influences the exchange rate, imports and exports

7 0
3 years ago
Profitability Ratios PJ's Ice Cream Parlor has asked you to help piece together financial information on the firm for the most c
Elodia [21]

Answer:

The return on assets = 6.53%

Explanation:

Since the debt ratio is 0.47 and the total debt value is $23 million By applying the debt equity formula we can find out the total debt value which is shown below:

Debt ratio = (Total debt ÷ Total assets)

0.47 = ($23 million ÷ Total assets)

So, the total assets = $23 million ÷ 0.47 = $48.94 million

And, the total assets would be equal to

= Total debt + total equity

$48.94 million = $23 million + total equity

So, total equity = $48.94 million - $23 million = $25.94 million

The return on equity is 12.3%. So, here we apply the return on equity formula which is shown below:

Return on equity = (Net income) ÷ (total equity)

12.3% = Net income ÷ $26 million

So, the net income would be $3.198 million

And, Return on assets = (Net income) ÷ (total assets)

= $3.198 million  ÷ $48.94 million

Hence, the return on assets = 6.53%

5 0
3 years ago
As a new salesperson, you are concerned with how your decisions will affect your customers, your sales team, and your company. Y
Vilka [71]

Answer: (A) Unreported ethics violations

Explanation:

 The unreported ethics violations is one of the ethical business practices and it include the violation of the security and safety, discrimination and the bad working condition.

In an organization, the conflicts in the interest and misusing the company funds is the main ethics violation in an organization.

When the these types of ethics violation are remain unreported the it is known as Unreported ethics violation.

According to the question, we focuses on the unreported ethics violation regarding the ethical business practices.

Therefore, option (A) is correct.

8 0
3 years ago
When obtaining your license which program can you participate in to help save lives?
Serhud [2]
<span>You can participate in an organ donar program. There are no major requirements to become an organ donar. Any age is accepted and you will only be tested to see if you have HIV or hepatitis. Your organs will be taken only after you die.</span>
8 0
3 years ago
An investment is expected to produce the following annual year-end cash flows: Year 1: $5,000 Year 2: $1,000 Year 3: $0 Year 4:
jek_recluse [69]

The IRR (compounded annually) on this investment is 10%.

<u>Explanation</u>:

The formula to compute IRR on this investment:

\begin{aligned} &NPV = \frac {CF_0}{(1 + r)^0} + \frac {CF_1}{(1 + r)^1} + \frac {CF_2}{(1 + r)^2} + \frac {CF_3}{(1 + r)^3}\\ \end{aligned}NPV=(1+r)0CF0+(1+r)1CF1+(1+r)2CF2+(1+r)3CF3

 13000 = 0 +5000(1 +r)1+1000(1 +r)2+0(1 +r)3+5000(1 +r)4+6000(1 +r)5+863.65(1 +r)6

Solve the equation using calculator:

 r = 10%  

6 0
3 years ago
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