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Advocard [28]
3 years ago
12

The economic significance of successful ticket scalping (scalpers sell tickets at higher than official prices) at baseball games

is that:
Business
1 answer:
Vinvika [58]3 years ago
5 0
<span>Scalpers lead to the understanding that there is an overabundance of demand for tickets in comparison to the supply of tickets. With buyers willing to pay a premium for the scalped tickets, this can show that there is the ability for ticket prices to be raised and customers will still purchase them.</span>
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Shen purchased corporate stock for $20,000 on april 10, 2015. on july 14, 2017, when the stock was worth $12,000, shen died and
Alinara [238K]
Mijo made $2,200 profit. The initial investment had nothing to do with him therefore it is not considered his loss because the initial investment did not belong to him. Once he inherited the stock at $12,000 his personal profit/loss began to occur. Also the character of the profit would be not a fixed remuneration becauae of the flux of the markets, fees, etc.
4 0
3 years ago
Betty, an American, works for an automobile manufacturer in New Jersey. Her manager, Ruth, sends her on an overseas assignment t
ValentinkaMS [17]

Answer: Betty possesses the motivation to succeed and is achievement-oriented.

Explanation:

Betty's manager believes in her ability to succeed in any environment due to her high motivation drive.

Betty most likely has a tendency to succeed at any project she is involved, therefore her manager believes she would be the best person to grow their new branch in Japan.

6 0
3 years ago
Derek can deposit $279.00 per month for the next 10 years into an account at Bank A. The first deposit will be made next month.
algol13

Answer:

The rate that Bank B must pay Derek to have have the same amount in both accounts after 10 years is:

= 22.611%

Explanation:

a) Data and Calculations:

Monthly deposit in Bank A= $279

Period of deposit = 120 (10 * 12) months

Interest rate = 14% compounded monthly

Using an online finance calculator, the future value =

Sum of all periodic payments = $33,480.00

Total Interest =                           $38,800.23

Future value of funds =             $72,280.23

Annual deposit in Bank B = $2,447

Period of deposit = 10 years

Future value = $72, 280.23

Therefore, the Interest rate = 22.611%

8 0
2 years ago
On January 1, 2005, Marcy Company purchased 1,000 shares of its own common stock for $22,000. On February 1, 2005, they sold 600
Nastasia [14]

Answer:  E) debit Contributed Capital, Treasury Stock, $1,800

Explanation:

Treasury stock was bought at price of;

= 22,000/1,000

= $22

Sold 600 for $25 so they made a profit of;

= (25 - 22) * 600

= $1,800

This gain was sent to Contributed Capital, Treasury Stock.

Now that stock is to be sold on March 1, it is sold at $15. Loss from initial purchase is;

= ( 22 - 15) * 400

= $2,800

Debit Contributed Capital, Treasury Stock of the maximum amount it can be debited of to reflect this loss which would be $1,800 which was gained in the February purchase. The rest of the loss will go to Retained earnings.

3 0
3 years ago
The cost of a high-quality 250-horsepower compressor was $13,500 when recently purchased. What would a 608-horsepower compressor
frez [133]

Answer:

Cost of 608 hp compressor = $32,832

Explanation:

Given:

Cost of 250 hp compressor = $13,500

Find:

Cost of 608 hp compressor

Computation:

Cost of 608 hp compressor = Cost of 250 hp compressor x [608 / 250]

Cost of 608 hp compressor = $13,500 x [608 / 250]

Cost of 608 hp compressor = $32,832

4 0
2 years ago
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