1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ddd [48]
3 years ago
15

In 2013, total revenues from digital sales of regional (Mexican/Tejano), pop/rock, and tropical (salsa/merengue/cumbia/bachata)

Latin music in the United States amounted to to $58 million. Regional music brought in four times as much as much as tropical music and pop/rock music brought in $10 million more than tropical music. How much revenue was earned from digital sales in each of the three categories
Business
2 answers:
Naya [18.7K]3 years ago
3 0

Answer:

Regional = 32 million

Pop/rock = 18 million

Tropical = 8 million

Explanation:

Given that

Total sales of the 3 categories = 58 million.

Let a denote regional

b denote pop/rock

c denote tropical

Thus

a + b + c = 58 million

From the question

a = 4c (regional 4 times tropical). equation 2.

Also, pop/rock music brought in $10 million more than tropical music

Thus,

b = c + 10. equation 3.

By eliminating a and b, put equation 2 and 3 in 1

We have

a + b + c = 58

4c + c + 10 + c = 58.

Collect like terms,

6c = 58 - 10

c = 48 ÷ 6

c = 8

Thus, tropical music = 8 million.

Recall that,

a = 4c

Thus

a = 4 × 8

= 32.

Therefore regional music = 32 million.

Again, recall that,

b = c + 10

Thus, b = 8 + 10

= 18

Therefore, pop/rock = 18 million.

8 + 18 + 32 = 58

san4es73 [151]3 years ago
3 0

Answer: Tropical Music sales  = $ 8000 000

Explanation:

Total digital sales = $58000 000

Regional Music sales = 4 x tropical Music sales

Pop/rock music sales = Tropical Music sales + 10 000 000

Let Tropical Music sales be y

Total sales = Regional sales + Tropical sales + Pop/rock sales

58000 000 = 4y + y + (y+10000000)

58000 000 = 6y + 10000000

6y = 58000 000 - 10000000

y =  48000 000/6 = 8000 000

Tropical Music sales  = $ 8000 000

 

You might be interested in
Bingerton Industries uses a perpetual inventory system. The company began the year with inventory of $77,000. Purchases of inven
SVETLANKA909090 [29]

Answer:

Refer explanation

Explanation:

1. Purchase of Inventory ($302000)

This transaction has occurred on account which means that payment was not made immediately but would be made at a future date, thus a creditor to the business.

Debit : Purchases account : $302000

Credit : Accounts Payables account : $302000

2. Sale of inventory ($504000)

The sale of inventory requires two separate transactions. The sale is accounted and along with this, the amount of inventory sold would also have to be accounted as an asset reduction.

A. To reduce inventory:

Debit : Cost of Sales account : $327000

Credit : Inventory account : $327000

B. Record the sale:

Debit : Accounts Receivables account : $504000

Credit : Sales account : $504000

This too is a sale on account which means that a debtor has been incurred who will pay for the sale at a later date.

3 0
3 years ago
Data concerning Pony Corporation's single product appear below: Per Unit Percent of Sales Selling price $ 200 100 % Variable exp
Luda [366]

Answer:

$18,000

Explanation:

The computation of overall effect on the company's monthly net operating income is shown below:-

                                 Current                 Proposed

Sales                       $800,000               $837,000

                        (200 × 4000)     (200 - 14) × (4,000 + 500)

Variable expenses  $160,000             $180,000

                              (40 × 4000)  (40 × (4,000 + 500))

Contribution margin $640,000            $657,000

Fixed expenses     $531000                 $566,000

                                                  ($531,000 + $35,000)

Net operating

income                  $109,000                $91,000

Decrease in net operating income = Current - Proposed

= $109,000 - $91,000

= $18,000

So, for computing the overall effect on the company's monthly net operating income we simply applied the above formula.

8 0
3 years ago
The federal funds rate is
Ahat [919]

Answer:

D. the interest rate banks charge each other for overnight loans.

Explanation:

The Federal reserve requires banks to maintain a certain minimum amount on  their local Federal bank account or in their vaults each night. The remaining amount can be lent out to the public or to other commercial banks. However, if a bank is running short of funds at the end of the day, they can borrow from another bank at the overnight federal fund rate before the business opens the next day.

5 0
3 years ago
The predetermined overhead rate is calculated Blank______. Multiple choice question. after the period is over before the period
Ainat [17]

before the period begins

What is period progresses?

A Progress Payment may be provided for a period of time called a Progress Period that is both less than and included in the Performance Period. 2.22 "Target Reward" refers to the target award, as decided by the Committee in accordance with Section 3.3, payable under the Plan to a Participant for the Performance Period, expressed as a percentage of his or her Base Salary or as a specific monetary amount. 2.23 "Termination of Employment" refers to the end of the employee-employer relationship between an employee and the Company or an Affiliate for any reason, including, but not limited to, terminations due to resignation, discharge, death, disability, or retirement that take place in accordance with the rules that may from time to time be established by the Committee (at its discretion).

Learn more about period progresses with the help of given link:-

brainly.com/question/14759686

#SPJ4

5 0
1 year ago
Unlike other car rental agencies that are based in airports to serve travelers, wheelz-on-rent has a network of neighborhood off
scZoUnD [109]

It can be concluded that the Wheelz On Rent most likely practices the concentrated marketing. Concentrated marketing is a type of strategy in which the products are being made and produced because of a specific segment of the population of the consumer of that they are likely to be made for a specific segment.

7 0
3 years ago
Other questions:
  • In february, paula, the manager of a landscaping company, is looking at the upcoming need for more workers to handle the increas
    6·1 answer
  • g The economic perspective focuses largely on marginal analysis, which means analyzing Multiple Choice peripheral elements of a
    8·1 answer
  • Omar and Penn want to discharge their contract by executing a new agreement with performance different from what they originally
    8·1 answer
  • Alan Fillmore’s lifelong dream is to own his own fishing boat to use in his retirement. Alan has recently come into an inheritan
    8·1 answer
  • ______is the difference between the early start and the late start days for a given
    13·1 answer
  • Number each of the following steps from 1 to 7 to identify the steps needed to reconcile a bank statement. (The model in the pre
    6·1 answer
  • Which of these is a successful time to management strategy
    11·1 answer
  • Bob DeSlob, CEO of Westlake Inc., had supported the development and distribution of the Super Widget, a product that is expensiv
    6·1 answer
  • When moving from Point C to Point D on Nation X's PPF, the cost of 1 more Computer is ____ Agricultural products not produced. E
    6·1 answer
  • Identify and describe ten of the common and/or specialist positions a fire fighter
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!