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sergiy2304 [10]
3 years ago
10

Last season at City Opera House, far more people attended opera X than opera Y. However, opera Y generated far greater net profi

ts for City Opera House than did opera X. Each of the following could directly explain the result indicated above EXCEPT:a. a difference in the ticket prices of operas X and Y
b.a difference in the operating expenses of operas X and Y
c.a difference in the subject matters of operas X and Y
d.a difference in the merchandise sales associated with operas X and Y
Business
1 answer:
ryzh [129]3 years ago
6 0

Answer:

c. a difference in the subject matters of operas X and Y

Explanation:

All factors could directly explain the fact that opera Y generated far greater net profits that did opera X except for this one. Although the subject matter might have some impact on sales, it could not do so in a direct way. It could only do so if we take other factors into account, such as the cost of producing a particular opera or the interest that people have on an opera (which results in greater or lesser ticket sales).

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4 0
1 year ago
Nadine is retiring today and has $96,000 in her retirement savings. She expects to earn 5.5 percent, compounded monthly. How muc
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Answer:

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Explanation:

The monthly withdrawal can be computed with PMT formula using excel spreadsheet.

The formula is PMT(rate,nper,-pv)

The fv and type are both taken as zero.

However, the rate of 5.5 % given in the question is a yearly rate,but the requirement of the question is monthly withdrawal, hence the rate is divided by 12 months to reflect a monthly rate i.e 5.5%/12

Besides, the nper should  also to be adapted to show that the withdrawal is to be made every month for 18 years, hence nper is 12*18

The computation of the pmt based on the above highlighted points is found in the attached.

Download xlsx
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