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
amm1812
3 years ago
10

Park competes with Cool World by providing a variety of rides. Sillyday sells tickets at $ 125 per person as a​ one-day entrance

fee. Variable costs are $ 75 per​ person, and fixed costs are $ 325 comma 000 per month. Compute Sillyday ​Park's contribution margin ratio. Carry your computation to two decimal places. Use the contribution margin ratio approach to determine the sales revenue Sillyday Park needs to break even.
Business
1 answer:
Arlecino [84]3 years ago
3 0

Answer:

$50

6500

Explanation:

Contribution margin = price - per unit variable cost

$125 - $75 = $50

breakeven  = fixed cost / contribution margin

= $325,000 / $50 = 6500

You might be interested in
What do you think are some of the risks and challenges associated with performing so many hypothesis tests? what would you do to
Aloiza [94]

The risks and challenges associated with performing so many hypothesis tests nearly all null hypotheses are false on a priori grounds.

A hypothesis is a supposition, an idea put forward for the purpose of discussion, that can be tested to see if it is true. Hypotheses are formed before the is implemented.

Hypotheses are usually written as if/then statements. B. If someone eats a lot of sugar, they will get cavities in their teeth. These statements identify a particular variable (in this case, eating a lot of sugar) and imply an outcome (in this case, the tooth develops cavities).

Hypotheses are used to define the relationship between two variables in an experiment. The purpose of a hypothesis is to find an answer to a question. Formalized hypotheses make us think about what kind of results we should be looking for in our experiments. The first variable is called the independent variable.

Learn more about Hypotheses brainly.com/question/11555274

#SPJ4

6 0
2 years ago
Briefly explain how the government uses taxation as a redistribution method
crimeas [40]

Answer:

The purpose of this is to increase economic stability.

8 0
3 years ago
Samson's purchased a lot four years ago at a cost of $398,000. At that time, the firm spent $289,000 to build a small retail out
vladimir1956 [14]

Answer:

initial cash flow is 2,929,000

Explanation:

Attached is the table

3 0
4 years ago
Purposely understaffing customs offices to cause time delays, requiring special licenses that take a long time to obtain, and re
crimeas [40]

Answer: B Administrative delays

Explanation:

Administrative delay means: any Governmental Entity’s failure to act within a reasonable time, in keeping with standard practices for such Governmental Entity, or within the time contemplated in the Interagency Cooperation Agreement, the Planning Cooperation Agreement, any of the Land Acquisition Agreements, the Tax Allocation Agreement, any Acquisition and Reimbursement Agreement.

7 0
3 years ago
Read 2 more answers
Kenny you works with an IT company his company is about to launch new software in the market he has to ensure that his new softw
motikmotik

Answer

Hi,

Kenny is likely to have the job profile of a software developer

Explanation

A job profile defines the functions, accountabilities and requirements of a job position. In this case, Kenny is a software developer tasks with designing, installation, testing and maintenance of software systems. In this position, he has to ensure the software properly functions and meets the design standards that were agreed in the planning stages.

Good Luck!

7 0
3 years ago
Other questions:
  • Sxsw utilizes various promotional techniques to reach its target audiences. the use of personal selling, advertising, public rel
    14·1 answer
  • RajDee Furniture Company (RFC) buys and sells office furniture. The company buys chairs from a manufacturer for $40 per unit. Or
    7·2 answers
  • At the beginning of the year, Zinc Inc. estimated that overhead would be $115,000 and direct labor hours would be 23,000. At the
    14·1 answer
  • The _______Inkblot Test employs a series of symmetrical inkblot cards that are presented to a client by a psychologist in an eff
    7·1 answer
  • Stagnant Iron and Steel currently pays a $9.55 annual cash dividend (D0). They plan to maintain the dividend at this level for t
    12·1 answer
  • How do industry or external changes impact the things that you do personally?
    7·1 answer
  • Which would be the most likely target market for a new brand of high-end athletic shoes?
    15·1 answer
  • Which is the largest of the four information technology pathways?
    12·2 answers
  • In preparation for developing its statement of cash flows for the year ended December 31, 2018, Millennium Solutions, Inc. colle
    8·1 answer
  • Pete, a human resource intern, was given an assignment by his manager that meant he must obtain information from other departmen
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!