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
bekas [8.4K]
3 years ago
13

Tickets Now contracts with the producer of Riverdance to sell tickets online. Tickets Now charges each customer a fee of $4 per

ticket and receives $10 per ticket from the producer. Tickets Now does not take control of the ticket inventory. Average ticket price for the event is $150. How much revenue should Tickets Now recognize for each Riverdance ticket sold?
Business
1 answer:
gogolik [260]3 years ago
4 0

Answer:

$14

Explanation:

Fee from customers = $4

Fee from producer = $10

Total Fee income received = 10+4 = $14

$14 should be recognized as income for each Riverdance ticket sold.

Ticket Now has sold the ticket (which is assumed to be nonrefundable) and it has performed what is required (to sale the tickets), so recognize the revenue of $14.

You might be interested in
How can I start building my credit
vodka [1.7K]

Answer:

Use a credit card and pay off something each month.

For example, a spotify membership with a student discount is $5 a month, these monthly payments will help increase your credit.

Explanation:

4 0
3 years ago
Your total cash income is $80,000. You pay $8,000 in taxes and $60,000 in other expenses. Your savings ratio is
inessss [21]
$12,000 if i am correct
4 0
3 years ago
Expectancy theory suggests that managers must recognize employees work for a variety of reasons, these reasons may change over t
lana66690 [7]

TRUE

Explanation:

  • Managers appoint employees because they are able to produce work.
  • It is mandatory for a manager to keep recognition because task..
  • It could be monotonous,hard and the learning curve of this employee.
  • Existing employee can complete the task much faster, new ones.
  • Manager has to give champions of the month,spot award, golden.
  • Award it gives the employee that exponential boost and happiness.
  • Those things can change over time depending on the business.
  • If Manager in a particular business doesn't require recognition.
  • Manager provides promotion,salary, hike, bonus and others.
  • This self of awareness employee is comfortable, with Manager.
  • For a long time.

7 0
3 years ago
What types of information are found on a balance sheet ? (Select all that apply.)
Tema [17]
C) Interest expense.
4 0
3 years ago
Read 2 more answers
Suppose the consumer confidence index increases from 103 to 146. How does this change effect the AD/AS model
Darina [25.2K]

The AS curve shifts to the left.

The Consumer Confidence Index is an economic indicator published by various organizations in several countries. Simply put, rising consumer confidence is an indication of the economic growth that consumers are spending and an increase in consumption.

When the latest index exceeds 100, consumers will be more confident than in 1985. Below 100, consumers are less confident than they were then.

Consumer confidence is an economic indicator. It measures how confident consumers are about the general state of the economy. It also measures how confident people are about income stability. Their self-confidence influences not only their financial decisions but their spending activities.

Learn more about the consumer confidence index here:brainly.com/question/25122933

#SPJ1

8 0
2 years ago
Other questions:
  • BarkBark Inc. and Happy Toys Ltd. are considering a merger and are worried that their two organizational cultures will clash. Th
    11·1 answer
  • The controller compares the bank deposit to the journal entry for cash receipts to ensure that the bank deposit matches the acco
    6·1 answer
  • If money is paid when a change of ownership in a life insurance policy takes place, this is generally known as a ____________.a.
    11·1 answer
  • Why might you complete a 1040 instead of a 1040EZ
    5·2 answers
  • The city of Hapeville announces that a new community college will be built in the city. Which is NOT a likely result of the new
    15·1 answer
  • In order to achieve a high economic freedom rating, a country musta. provide secure protection of privately owned property and e
    8·1 answer
  • Wallace's Wrench Company manufactures socket wrenches.
    13·1 answer
  • The following information about the payroll for the week ended December 30 was obtained from the records of Boltz Co.:Salaries:
    14·1 answer
  • Giving brainliest to the best answer :)<br><br>​
    5·1 answer
  • The degree to which a customer will continue to buy from a specific vendor over time is called customer?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!