Answer:
a. $840
b. $140
Explanation:
a. The calculation of the average price per season ticket is shown below:-
Average price per season ticket = Total price of season tickets ÷ Sitting capacity
= $93,660,000 ÷ 111,500
= $840
b. The calculation of average price per individual game ticket sold is shown below:-
Average price per individual game ticket sold = Average price per season ticket ÷ Six home games
= $840 ÷ 6
= $140
Therefore we simply applied the above formula for computing the average price per season ticket and average price per individual game ticket sold.
Answer:
simple interest
Explanation:
Simple interest is the amount of money that an investment earns during 1 given period, it is calculated by multiplying the principal amount of the investment by the interest rate = $4,000 x 4% = $160
On the other hand, compound interest is interest that gains more interest by itself. This means that the interest gained during a given period, will gain more interest itself for the next period. It is calculated using the following formula = principal amount x (1 + interest rate)ⁿ, where n is the number of periods.
Answer:
$9,097
Explanation:
Net cash flow from operating activities = + $47,042
Net cash flow from investing activities = - $21,831
Net cash flow from financing activities = - $28,397
Net cash flows for the period = - $3,186
Beginning cash account balance = $12,283
Net cash flows for the period = - $3,186
Ending cash balance = $9,097
Answer:
D) $130,000
Explanation:
We can compute this by calculating the total dividends payable to preferred stock holders each year.
Dividends payable = 10,000 * 90 * 0.10 = $90,000
Since the shares are cumulative, the total preferred dividend payable at the end of third year is = $90,000 * 3 = $270,000
So common share in dividend = Total paid - Preferred dividend cumulative
Common Dividend share = 400,000 - 270,000 = $130,000
Hope that helps.
Answer::!;!,!’cldldkfnbbfndkdfkf
Explanation:
Fbxnbdndndnxnxfnnfncdk
