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Nataly_w [17]
3 years ago
5

To stay financially viable, a performance (whether theater or film) must almost always do what? a. sell tickets b. accept donati

ons c. find sponsors d. rely on volunteers
Business
1 answer:
gtnhenbr [62]3 years ago
6 0

Answer:

A. A performance must always sell tickets

Explanation:

The sale of tickets is the primary source of revenue for performances. This is the true measure of how well the intended audience connects with the director/producer/actors/actresses of the performance

Other sources of revenue are often used but these are secondary

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What bankruptcy provision has the bank chosen?<br><br> 45 POINTS
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Answer:

I think the bankruptcy provision the bank has chosen is chapter 7 because that provision entails selling company assets such as goods.

Explanation:

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Pine Street Inc. makes unfinished bookcases that it sells for $58. Production costs are $38 variable and $10 fixed. Because it h
mars1129 [50]

Answer:

See explanation below

Explanation:

Option of selling unfinished bookcase

Sales

$58

Less Variable cost

$38

Contribution

$20

Less fixed cost

$10

Net profit

$10

Option of selling finished bookcases

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$7

Contribution

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Less fixed cost

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With regards to the above analysis, it is recommended that Pine street inc. Should go with the option of selling finished bookcases because it would yield the company the highest profit.

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3 years ago
A firm has a profit margin of 12 percent; total asset turnover of 0.55 and an equity multiplier of 2.2. What is the firm's ROA a
lutik1710 [3]

Answer:

ROA = 6.6%

ROE 14.52%

Explanation:

profit margin = net income / sale = 12%

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equity mutiplier = assets / equity = 2.2

ROE = return on equity = net income / equity

ROA = return on equity = net income / assets

we use the fraction properties to get ROE and ROA

\frac{income}{sales} \times \frac{sales}{Assets} =\frac{income}{Assets} \\ 0.12 \times 0.55 = 0.066\\

ROA = 6.6%

We apply the same property to get ROE

\frac{income}{assets} \times \frac{assets}{equity} =\frac{income}{equity} \\ 0.066 \times 2.2 = 0.14252\\

ROE = 14.52%

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A personal business letter should begin with the
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