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lord [1]
3 years ago
15

What type of information system would a chain of theaters use to sell tickets?

Business
1 answer:
FinnZ [79.3K]3 years ago
8 0

Answer:

transaction processing system

You might be interested in
Becton Labs, Inc., produces various chemical compounds for industrial use. One compound, called Fludex, is prepared using an ela
Dmitry [639]

Answer:

Material Price Variance= $ 11640 favorable

Material Quantity Variance= $6800 Unfavorable

Explanation:

Becton Labs, Inc.

Standard Quantity= 2.6ounce * 3600 units =  9360 ounces

Actual quantity used:  Purchases Less Ending Inventory 13000 ounces- 3300 ounces=  9700 ounces

Actual price : $244,400/13,000=  $ 18.8

Standard price : $ 20.00

Material Price Variance= (Actual Price * Actual Quantity)- (Standard Price * Actual Quantity)

Material Price Variance= ($ 18.80 * 9700)-($20.0 *9700)= $ 182360- $ 194000= 11640 Favorable

Material Price Variance= $ 11640 favorable

Material Quantity Variance= (Standard Price * Actual Quantity)-(Standard Price * Standard Quantity)

Material Quantity Variance=($20 *9700)-($ 20 * 9360)

Material Quantity Variance=$ 194000-187200= 6800

Material Quantity Variance= $6800 Unfavorable

Total direct materials variance= $ 11640 favorable -$6800 Unfavorable

Total direct materials variance= 4840 favorable

2. Yes they should as he is offering less price than the standard price.

Even if more material is used the total material variance is favorable indicating a gain not a loss.

7 0
3 years ago
The security that represents the residual ownership of a firm and has no priority in bankruptcy is called:________
yawa3891 [41]

The security that represents the residual ownership of a firm and has no priority in bankruptcy is called<u> a convertible bond</u>.

The correct option is A.

<h3>What is bankruptcy?</h3>

People or other entities who are unable to pay their creditors back can seek some or complete relief from their debts through the legal process known as bankruptcy. In most jurisdictions, bankruptcy is mandated by a court order, frequently on the debtor's initiative.

<h3>What is residual ownership?</h3>

The common stockholders are paid out last and only if all other claims have been fully satisfied. The common stockholder is therefore referred to as the company's residual owner.

<h3>What is convertible bond?</h3>

A convertible bond, convertible note, or convertible debt is a kind of bond that allows the holder to convert it into a predetermined number of shares of common stock in the firm issuing it, or cash equivalent to that amount. It is a hybrid security having traits similar to equity and debt.

To know more convertible bond visit:

brainly.com/question/23266690

#SPJ4

I understand that the question you are looking for is:

The security that represents the residual ownership of a firm and has no priority in bankruptcy is called:

A. a convertible bond.

B. senior debt.

C. common stock.

D. preferred stock.

E. retained earnings.

4 0
1 year ago
The odd-lot trading theory advocates that small investorsA) tend to buy high and sell low.B) react in a manner which generally f
Umnica [9.8K]

Answer:

The correct answer is A) tend to buy high and sell low.

Explanation:

The theory of odd lots is a theory of technical analysis based on the assumption that the small individual investor who trades foreign lots is often wrong. Therefore, if sales of odd lots increase and small investors are selling a share, it is probably a good time to buy. Vice versa, when purchases of odd lots increase, the theory of odd lots would indicate a good time to sell.

8 0
3 years ago
At the beginning of 2018, Artichoke Academy reported a balance in common stock of $168,000 and a balance in retained earnings of
frozen [14]

Answer:

increase in retained earnings = $48,000 - $11,800 = $36,200

increase in common stock = $58,000

<h2>Balance sheet</h2>

Assets:

Assets  

Cash $54,400  

Supplies $12,700  

Prepaid rent $33,000  

Land $290,000

Total assets                                                     $390,100

Liabilities

Accounts payable $15,600

Utilities payable $6,000

Salaries payable $5,300

Notes payable $33,000

Total liabilities                              $59,900

Equity

Common stock $226,000

Retained earnings $104,200

Total equity                                $330,200

Total liabilities + equity                                   $390,100

<h2>Statement of stockholders' equity</h2>

Common stock balance Jan. 2018              $168,000

Retained earnings balance Jan. 2018          $68,000

Net income                                                  <u>  $58,000</u>

Sub-total                                                       $294,000

Common stocks issued                                $58,000

Distributed dividends                                  <u>  ($11,800)</u>

Subtotal                                                        $330,200

Common stock balance Dec. 2018           $226,000

Retained earnings balance Dec. 2018      $104,200                      

7 0
3 years ago
Analysts predicted earnings per share (EPS) for your company to be $0.XX at the close of 20XX. How does this compare to actual E
nikdorinn [45]

Answer and Explanation:

Earnings per Share, EPS = <u>Net Income dividend of preferred stock</u>

                                            Number of stock outstanding

EPS  depends on the earnings and its dilution due to increase in preferred stock also it depends on the net income earned

When EPS is higher than analyst prediction,

this may be due to increase in the net income

or

payback of common stock or preferred stock

thereby leading to reduction in the number of stock outstanding

When EPS is lower than analyst prediction

this would be due to reduction in the net income

or

increase of stock or preferred stock due to fresh issue

Insurance against issues that could lead to reduction on income and inrease in the activities that will lead to net income increase can help meet or surpass analyst prediction

7 0
3 years ago
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