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
Salsk061 [2.6K]
3 years ago
12

The oviedo thespians are planning to present performances of their florida revue on 2 consecutive nights in january. it will cos

t them​ $5,000 per night for theater​ rental, event insurance and professional musicians. the theater will also take​ 10% of gross ticket sales. how many tickets must they sell at​ $10.00 per ticket to break​ even?
Business
1 answer:
bagirrra123 [75]3 years ago
7 0
<span>For 2 nights cost is $10,000 for theater rental, insurance, and musicians. 10% of $10,000 is $1000 that goes to theater if $10,000 worth of ticket is sold, which is to break even. Now the break even cost is $10,000+$1000= $11,000. Cost of one ticket is $10, to break even the total cost, number of tickets that must sell is $11,000 divided by $10, which is 1100 tickets. 1100 tickets must sell in total for two nights to break even.</span>
You might be interested in
Which is the most clear and precise sentence explaining what to do before submitting new content to a webmaster?
Gala2k [10]

Answer:

The correct answer is letter "A": Please consult the Frequently Asked Questions web page before submitting new content to the webmaster.

Explanation:

Webmasters are responsible for the development, coordination, and maintenance of a web site. While sending a message before others submit content to webmasters about information the individuals might also find in the Frequently Asked Questions (FAQ), we should be objective and respectful at all moments. Thus, the phrase:

<em>Please consult the Frequently Asked Questions web page before submitting new content to the webmaster.</em>

<em />

Is the segment that best reflects the guidelines previously stated.

5 0
3 years ago
Which of the following are consistent with the efficient markets hypothesis? Check all that apply. You should spend several hour
denis23 [38]

Answer:

1. Stock markets reflect all available information about the value of stocks AND

2. Changes in stock prices are impossible to predict.

Explanation:

The characteristics that are consistent with the efficient markets hypothesis are that

1. Stock markets reflect all available information about the value of stocks

<em>By definition efficient markets are those whose asset prices reflect all available information.</em>

2. Changes in stock prices are impossible to predict.

<em>The efficient market hypothesis has been described as a backbreaker for forecasters. In its crudest form it effectively says that the returns from speculative assets, are </em><em><u>unforecastable</u></em><em>.</em>

3 0
3 years ago
Keisha Tombert, the bookkeeper for Vaughn Consulting, a political consulting firm, has recently completed a managerial accountin
Serjik [45]

Answer:

$23,290.00

Explanation:

Preparation forn a schedule of cost of contract services performed

Supplies used on consulting contracts 1,940.00

Salaries of professionals working on contract 16,400.00

Service Overhead:

Janitorial services for professional offices 800.00

Insurance on contract operations 880.00

Utilities for contract operations 2,360.00

Depreciation on equipment used for contract work 910.00

Total service overhead 4,950.00

(800.00+880.00+2,360.00+910.00)

Cost of Contract Services Provided 23,290.00

(1,940.00+16,400.00+4,950.00)

Administrative expenses:

Supplies used in administrative offices 1,700.00

Depreciation on administrative office equipment 1,450.00

Salaries of administrative office personnel 8,690.00

Janitorial services for administrative offices 580.00

Insurance on administrative operations 930.00

Utilities for administrative offices 1,930.00

TOTAL 15,280

Therefore the schedule of cost of contract services performed will be 23,290.00

4 0
3 years ago
The best way to achieve significant increases in interest accrual in a savings account is through
loris [4]
Compounding. If you compound your interest, then your interest rate will go up, and you get more interest.
6 0
3 years ago
The matching concept a. determines that expenses related to revenue be reported at the same time the revenue is reported b. addr
OLga [1]

Answer:

The correct answer is letter "A": determines that expenses related to revenue be reported at the same time the revenue is reported.

Explanation:

According to the matching accounting principle, during the same accounting period, the revenues and expenditures needed to generate such revenues have to be recorded. This is part of the accrual accounting method that specifies expenses and revenue must be recorded when incurred not when cash is received.

6 0
3 years ago
Other questions:
  • On January 1, year 1, Ziegler issued 5-year bonds with a stated rate of 8% and a face amount of $100,000. The bonds pay interest
    5·1 answer
  • Bradshaw Inc. is contemplating a capital investment of $88,000. The cash flows over the project’s four years are: Year Expected
    8·1 answer
  • Is phoenix forgotten based on a true story and how does it end?
    5·1 answer
  • When a country allows trade and becomes an importer of jet skis,
    10·1 answer
  • Investors and creditors are particularly interested in this financial statement because it tells them what is happening to the c
    6·1 answer
  • Suppose that consumption is $500 and that the marginal propensity to consume is 0.6. If disposable income increases by $1,000, c
    11·1 answer
  • 2. QuickDraw performs drafting services for local builders. At the end of its first year of operations, QuickDraw had performed
    15·1 answer
  • RST Company produces a product that has a variable cost of $6 per unit. The company's fixed costs are $30,000. The product sells
    8·1 answer
  • 1. A service level agreement must be
    15·1 answer
  • How would a career plan help you at<br> this point in your life?
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!