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
Margaret, a consumer in a DTPA lawsuit, was able to prove that the licensee in her suit knowingly failed to disclose information
Naddik [55]

Answer and explanation:

The Deceptive Trade Practices Act (DTPA) of 1973 protects consumers from misleading information provided during the sale of a good or service. If a defendant is found liable in a DTPA lawsuit, the plaintiff is entitled to <em>monetary damages for the recovery of economic damages, anguish damages, discretionary damages, </em>and <em>attorney's fees</em>.

7 0
3 years ago
The following data relate to direct labor costs for the current period:
mr Goodwill [35]

Answer:$2,125 unfavorable

Explanation:

Given

Standard costs     9,000 hours at $5.50

Actual costs        8,500 hours at $5.75

we have two formulas to calculate  for direct labor rate variance is:

1ST ----Direct Labor rate variance = (Actual Rate- Standard Rate ) x Actual hour

=( $5.75 -$5.50) x 8,500 =  $2,125 unfavorable

2ND----Direct Labor Rate Variance=Actual Direct Labor Cost Incurred - Standard Direct Labor Cost Based on Actual Hours

=Actual Hours x Actual Rate -Actual Hours x Standard Rate

= ($5.75 x 8,500 hours)-($5.50 x 8,500 hours)

$48,875 - $46,750 = $2,125 unfavorable

when the  actual rate is higher than the standard rate, the Direct Labor Rate Variance is unfavorable and if the actual rate is lower than standard rate, the variance is favorable.

3 0
3 years ago
Treasury bills are currently paying 6 percent and the inflation rate is 3 percent. a. What is the approximate real rate of inter
nexus9112 [7]

Answer: a. 2.90%

b. 2.81%

Explanation:

Nominal rate = 6%

Inflation rate = 3.1%

a. What is the approximate real rate of interest?

The approximate real rate of interest will be calculated as:

= Nominal rate - Inflation rate

= 6.0% - 3.1%

= 2.90%

b. What is the exact real rate?

Exact real rate will be calculated as:

= (nominal-inflation) / (1+inflation)

= (6.0% - 3.1%) / (1 + 3.1%)

= 2.9% / 1.031

= 2.81%

3 0
2 years ago
During January 2016, Wells Corporation purchased $200,000 of inventory; they paid one-fourth in cash, and signed a note for the
ivanzaharov [21]

Answer:

Inventory                        $200,000    

Cash                                                      $50,000

Notes payable                                      $150,000

Explanation:

Data provided in the question:

Cost of the inventory purchased = $200,000

Amount paid in cash =  one-fourth

= one-fourth of $200,000

= $50,000

For the remaining balance signed a note i.e = $200,000 - $50,000

= $150,000

Now,

This transaction will be recorded as:

Inventory                        $200,000    

Cash                                                      $50,000

Notes payable                                      $150,000

3 0
3 years ago
Steven is trying to save for a new car. What does he need to created to help him decide how much of his income needs to be used
Andrej [43]

Steven needs to create a budget that will list all of his expenses each month with regards to the income he brings in. Once Steven sits down and creates the budget he will see the money that is left over once he is done paying all of his necessary bills. The money that is left over can be saved to purchase a new car.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Melrose Manufacturing has net sales revenue of $624,000, cost of goods sold of $274,560, net income of $95,360, and preferred di
    5·1 answer
  • After being introduced to a higher-priced washing machine, the customer expresses a desire to purchase a lower-priced item. when
    12·1 answer
  • In order to continue operating, in the long-run a firm must a. ​Charge a price equal to its AVC b. ​Charge a price equal to its
    13·1 answer
  • Mike and Jane Lewis, a married couple filing a joint return, paid funeral expenses of $10,000 for their dependent child in the c
    15·1 answer
  • When State Farm uses consumer research to create a mental map of consumers that indicates consumers perceive State Farm as conse
    10·1 answer
  • Mr. Torres has a small savings account. He would like to pay for his monthly Part D premiums with an automatic monthly withdrawa
    10·1 answer
  • A town with a small airport is served by two competing airlines. Which of the following strategies would make the airlines more
    11·1 answer
  • L'Oreal has a famous slogan, "Because you're worth it." The brand has used this for years and because of _________, it has susta
    6·1 answer
  • After firm A producing one good acquired another firm B producing another good, it lowered the prices for the bundle of goods. O
    13·1 answer
  • How does gross taxable income and adjusted gross income differ between the two?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!