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KonstantinChe [14]
3 years ago
5

Blue Spruce University sells 6,800 season basketball tickets at $45 each for its 10-game home schedule. Prepare a tabular summar

y to record (a) the sale of the season tickets and(b) the revenue recognized after playing the first home game
Business
1 answer:
JulsSmile [24]3 years ago
4 0

Answer: Blue spruce university Basketball games

Explanation: The Sale of Season tickets = $45 *10= $450

while the total revenue accrued after the first game=6800*450=$3,060,000

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Mr. Smith has an income of $40,000 this year and $60,000 next year. He can invest in a project that costs $30,000 this year, whi
____ [38]

Answer:

"$52,000" is the correct answer.

Explanation:

Given:

This year income,

= $40,000

Next year income,

= $60,000

Market interest rate,

= 10%

or,

= 0.1

Now,

The next year consumption will be:

= [40,000 - 30,000 - 50,000]\times 1.1 + (60,000 + 36,000)

= -40,000\times 1.1+96000

= -44000+96000

= 52000 ($)

8 0
3 years ago
Making a good purchasing decision requires
zheka24 [161]

Answer: it requires less objects to make the decision much easier and clearer of what the purchaser wants to get.

Explanation:

8 0
4 years ago
In April of Year 1, Martin left his wife, Marianne. The couple has two children under the age of 15. While the couple was apart,
shepuryov [24]

Answer:

D. Depending on the post separation residence of the children, both spouces may qualify to file as head of household

Explanation:

Hello! Marianne is taking responsibility for her children and the house, since the separation was an abandonment that was not legally agreed. Therefore, she can take care of everything, since her husband renounced his role as father and husband when leaving home.

Thanks for your question! Feel free to ask more!

6 0
3 years ago
The demand curve for a​ monopoly's product is A. more inelastic than the market demand for the product. B. undefined. C. the mar
slavikrds [6]

Answer:

C. The market demand for the product

Explanation:

Monopoly is a market situation whereby the market is characterized with having a single seller and multiple buyers. Here, the seller faces no competition as he is the only one selling that particular product in the market. The monopolist faces a downward sloping market demand curve. As a result, as the monopolist increases its output, for every additional unit of output, the process must fall. Thus, leasing to the consequent fall in the marginal revenue. Thos os because, since he is the only sellers in order to sell more outputs he must reduce the prices oer each output.

3 0
3 years ago
Kramer and Knox began a partnership by investing $58,000 and $65,000, respectively. During its first year, the partnership earne
IRISSAK [1]

Answer and Explanation:

The computation is shown below:

1. At the time when the partner failed to share the incom and loss so it is assume that the net income i.e. $160,000 should be shared equally so for both it is $80,000 each

2. When the income is shared as per their initial investment  

<u>Particulars              Kramer          Knox           Total </u>

Investment             $58,000       $65,000     $123,000

Investment ratio     47.15%         52.85%

$160,000 income share $75,440 $84,560    $160,000

3. Sharing of the income as per the defined rule

<u>Particulars              Kramer          Knox           Total</u>

Salary allocated     $56,500       $46,500       $103,000

Interest at 12%        $6,960         $7,800         $14,760

Remaining balance  $21,120      $21,120        $42,240

Total                           $84,580    $75,420       $160,000

3 0
3 years ago
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