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
Gwar [14]
4 years ago
5

Ingress & Egress Math Quiz

Business
1 answer:
Shtirlitz [24]4 years ago
8 0

18 ticket takers should Madge hire, if Madge is the manager at a sports arena that draws an average 3,500 patrons per event and each ticket taker can process  200 event-goers per event.

Explanation:

The given is,

           Madge is the manager at sports arena

           3,500 patrons per event

          Ticket takers can process 200 event-goers per event

Step: 1

        Let, x - No. of ticket takers

        Formula to calculate ticket takers,

                  x=\frac{Average patrons per event}{Ability of ticket taker to process the event}

        Substitute the values,

                  x=\frac{3500}{200}

                     = 17.5

                  x ≅ 18 ticket takers

        Madge should hire 18 ticket takers.

Result:

        18 ticket takers should Madge hire, if Madge is the manager at a sports arena that draws an average 3,500 patrons per event and each ticket taker can process  200 event-goers per event.

You might be interested in
$1,200 is received at the beginning of year 1, $2,200 is received at the beginning of year 2, and $3,300 is received at the begi
mart [117]

Answer:

Their combined future value will be 8,141.59.

Explanation:

Each deposit is invested at 12%, but for a different amount of years. So, the best thing would be to separate the three, calculate their value at the end of the third year for separated, and then obtain the grand total by adding up the results.

  • First deposit = 1,200. It is invested for three years. The value at the end of year 3 is 1,200*(1.12)^3 = 1,685.91
  • Second deposit = 2,200. It is invested for two years. The value at the end of year 3 is 2,200*(1.12)^2 = 2,759.68
  • Third deposit = 3,300. It is invested for one years. The value at the end of year 3 is 3,300*(1.12) = 3,696.00
  • The sum of the three deposits is 8,141.59.
6 0
4 years ago
National Park Tours Co. is a travel agency. The nine transactions recorded by National Park Tours during May 2019, its first mon
Nutka1998 [239]

Answer:

National Park Tours Co.

Journal Entries

Sr. No                Account               Debit          Credit

1)                        Cash                   75,000 Dr

                  Beth Worley Capital                            75,000 Cr

Invested in capital.

2)   Supplies Expense                         900Dr

                    Cash                                              900 Cr

Bought Supplies

3)           Equipment                       8000 Dr

                     Cash                                    1600 Cr

                   Accounts Payable               6400 Cr

Bought Equipment.

4)             Operating Expenses           6280Dr

                     Cash                                            6280 Cr

Spent on Operating Expenses

5)           Accounts Receivable       12300Dr

                   Fees Earned                                 12300 Cr

Provided Services on Account.

6)           Accounts Payable        2700Dr

                  Cash                                           2700 Cr

Paid cash for a liability raised previously.

7)               Cash                            8,150Dr

                    Accounts Receivable               8,150 Cr

Received Services fees.

8)          Supplies    Expenses             660Dr

                         Supplies                                 660 Cr

Supplies expenses charged.

9)         Beth Worley, Drawing    2500Dr

                       Cash                                        2500 Cr

Withdrew for personal use.

6 0
4 years ago
The Nandina Corporation was formed and began operations on July 1, 2018, and incurred the following expenses during the year: St
Cerrena [4.2K]

Answer:

$110.00

Explanation:

Nandina Corporation

The amount of amortization expenses for 2018

State fees for incorporation $800

Legal and accounting fees incident to organization 1,500

Temporary directors’ fees 1,000

Total $3,300

Hence:

$3,300/180 months x 6 months

= $110.00

Therefore the amount of its amortization expense for 2018 will be $110.00

4 0
3 years ago
On October 30, Cleo Co. purchased a machine for $26,000 and estimates it will use the machine for four-years with a $2,000 salva
Umnica [9.8K]

Answer:

Partial depreciation expense, from October 30 to December 31=$1,000

Explanation:

The depreciation base can be expressed;

depreciation base=purchase cost-salvage value

where;

purchase cost=$26,000

salvage value=$2,000

replacing;

depreciation base=26,000-2,000=$24,000

depreciation base=$24,000

annual depreciation expense=depreciation base/useful life

where;

depreciation base=$24,000

useful life=4 years

replacing;

annual depreciation expense=24,000/4=$6,000

Partial depreciation expense, from October 30 to December 31=2 months

Partial depreciation expense=(2/12)×6,000=$1,000

6 0
3 years ago
Which accountants-only tool enables you to categorize a couple of transactions or a large batch of transactions in only a few cl
Paha777 [63]

Answer: Reclassify Transactions

Explanation:

The accountants-only tool that enables one to be able to categorize a couple of transactions or a large batch of transactions in only a few clicks is referred to as the reclassify transactions.

In order to reclassify transactions, one has to find the transactions that the accountant wants to reclassify first, after which the transactions would then be reclassified and then moved.

6 0
3 years ago
Other questions:
  • Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
    11·1 answer
  • Ayayai Corp. was organized on January 1, 2017. It is authorized to issue 19,000 shares of 5%, $50 par value preferred stock and
    8·1 answer
  • "The function C(t)=C(1+r)t models the rise in the cost of a product that has a cost of C today, subject to an average yearly inf
    15·1 answer
  • If jakob grimm, who developed what has come to be known as grimm's law, were analyzing the historical relationships among the so
    7·1 answer
  • A credit to an asset account was posted to an expense account. This would cause __________. options: assets to be overstated lia
    5·2 answers
  • Which of the following statements is always true? A. Workers being paid based on commission...
    10·1 answer
  • A consumer research study conducted by Visual Effects Inc. analyzes factors, such as age, income, and stage of family life cycle
    10·1 answer
  • Suppose the government decides that every family should own its own home. To bring this about, the government decides to subsidi
    11·1 answer
  • On September 30, 2021, Bricker Enterprises purchased a machine for $212,000. The estimated service life is 10 years with a $21,0
    9·1 answer
  • Which of the following is a true statement?
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!