Answer: y = 66x - 1200
Explanation: The charity organisation has to sell a number of tickets to cover their production costs of $1,200. It is given that after selling 200 tickets they retain a net profit of $12,000. Net profit is deduced as: Total sales - total costs. Sales is calculated as total tickets x selling price per ticket.
If we let b represent the sales earned from selling tickets, then:
Net profit = total sales - total costs
12,000 = 200b - 1,200
We can then solve for b by taking the 1200 to the other side of the equal sign. When we do that the sign of that number changes. This is also the same as adding 1200 to both sides of the equal sign:
∴12000 + 1200 = 200b
13200 = 200b
To get the price of one single ticket, b, we need to divide both sides by 200.
∴ b = 66
This means that each ticket's selling price is $66.
So when when we take it back to the calculation of net profit then it becomes:
Net profit = total sales - total costs
y = 66x - 1200
To test:
y = 66x - 1200
= 66 (200 tickets) - 1200
= $12,000
Answer:
Programmed decision making
Explanation:
A programmed decision is one that is done by following already laid down rules and procedures. They are Carried out using formal patterns and the goals here are both clear and specific. These rules and routines in UPS are are a good example of how programmed decisions are done. As it can be seen on every aspect of their day to day business activities.
Answer:
The correct answer is letter "A": True.
Explanation:
The Internal Service Revenue (<em>IRS</em>) offers Volunteer Income Tax Assistance (<em>VITA</em>) for elderly people who do not know how to file taxes on their own. The volunteers follow a series of practices during the interview with the taxpayers to gather their taxable information accurately. The principle of Due Diligence allows volunteers to <em>ask for clarification when the taxpayer information seems unclear or inconsistent</em>. However, if the information is not unusual, there is no need to request proof of it.
The formation of a limited liability company is accomplished by filing the limited liability company (with a state official.
A limited liability company is a corporate structure that protects its owners from being personally sued for repayment of the company's debts or liabilities (LLC).
How we form an LLC?
- Although the rules for LLCs differ per state, there are some broad similarities. The first step for owners or members is to pick a name.
- Articles of incorporation are filed, together with a fee paid to the state. After that, the articles of incorporation can be recorded and filed with the state.
- These articles define each LLC member's rights, responsibilities, powers, liabilities, and other obligations.
- The paperwork also include the names and addresses of the LLC's members, the name of the registered agent, and the company statement of purpose.
To learn more about LLC
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The country in which employers are required by law to contribute toward health insurance for their employees is "Germany".
<h3>
What is health insurance?</h3>
Health insurance is an agreement in which an insurer chooses to pay a portion or all of a person's medical expenses in exchange for a fee.
Some key features regarding the health insurance are-
- More precisely, health insurance often covers for the insured's medical, surgical, prescription medicine, and occasionally dental expenses.
- Health insurance can either repay the insured for illness or injury-related expenses or directly reimburse the care provider.
- Since 2010, this same Affordable Care Act has barred health insurers from denying coverage to individuals with preexisting diseases, and children under the age of 26 have been allowed to remain on their parents' health plan until they reach an age of 26.
- Medicare and the Children's Health Insurance Program is two governmental health insurance programs aimed at elderly people and children, respectively.
- Medicare also provides benefits to those with certain disabilities.
To know more about the health insurance, here
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