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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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A company will need ​$45,000 in 8 years for a new addition. To meet this​ goal, the company deposits money in an account today t
True [87]

Answer:

The amount that should be invested to total $45,000 in 8 years is $18,995.

Explanation:

According to the situation, you have to calculate the amount that you have to invest in the present to get $45,000 in eight years. You can find it using the formula:

P= F/(1+(i/n))^nt

P= present value

F= future value: $45,000

i= interest: 11%

n= number of times compounded per year: 3

t= time in years

P= $45,000/(1+(0.11/3))^(8*3)

P= $45,000/(1+0.0366)^24

P= $45,000/2.369

P= $18,995

3 0
3 years ago
Jake pays the following amounts to his former spouse during the current year: Regular alimony payments $12,000 Child support 10,
Nady [450]

Answer:

  • Divorce after 2020 = Alimony is $0
  • Divorce before 2020 = Alimony is $12,000

Explanation:

If the divorce occurred before 2020 then the spouse paying the alimony can deduct it from their taxes and the person receiving it has to include it in their income. If the divorce of Jake and his spouse was before 2020, he will be able to include the full $12,000 as a deduction.

In 2020, new regulation came into effect that meant that couples divorcing from thence will not be able to deduct alimony so Jake's deduction would be $0 if they divorced in 2020 and onwards.

5 0
3 years ago
Excise taxes on imported goods that help shield domestic producers of the good are called:________.
vichka [17]

Answer:

the answer is protective tariffs

3 0
3 years ago
Read 2 more answers
For which product is the income elasticity of demand most likely to be negative?
klemol [59]

Answer: The income elasticity of demand most likely to be negative for "B. Used clothing".

Explanation: The income elasticity of demand measures the proportion of the increase in consumption of a product resulting from a proportional change in income. Therefore, if a person has an increase in their income, they will probably buy new (unused) clothing, so the income elasticity of demand is negative.

3 0
4 years ago
Action Quest Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31, 20
STALIN [3.7K]

Answer:

Explanation:

1. Monthly insurance =  (1140/12) =120

Insurance expenses = 120* 7= 840

Debit insurance expenses 840 , Credit prepaid insurance 840

2. Rent in advance for 5 months = 5800

Monthly rent = 5800/5 =1160

Rent for 4 months till December 31 = 1160*4 = 4640

Debit rent expenses 4640 , Credit Prepaid rent 4640

3.Unearned revenue for 9 months = 4230

Monthly  revenue =  470

Revenue earned = 470*4 =1880

Debit revenue 1880 , credit unearned revenue 1880

4.Prepaid cleaning expense 950* 2 = 1900

Debit cleaning service 950 , credit prepaid cleaning service 950

5.Unearned cash revenue =1400

cash revenue earned = 1400-350 = 1050

Debit revenue 1050 , credit unearned revenue 1050

7 0
4 years ago
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