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
g100num [7]
4 years ago
6

A recent trend has seen cities opt to leave the stadium management business and either allow the team or a third party (e.g., AE

G or SMG) to manage the facility in exchange for a fee.
A. True
B. False
Business
1 answer:
jeyben [28]4 years ago
3 0

Answer: True

Explanation:

recent trend has seen cities opt to leave the stadium management business and either allow the team or a third party (e.g., AEG or SMG) to manage the facility in exchange for a fee.

This is true. Cities don't really go into Stadium management business and focus on other aspects of business or in certain cases, look out for a third party.

You might be interested in
During the year, Kiner Company made an entry to write off a $32,000 uncollectible account. Before this entry was made, the balan
azamat

Answer:

balance in bills receivables account = $364000

Explanation:

given data

write off =  $32000

balance in accounts receivable = $400000

balance in allowance account = $36000

to find out

net realizable value of accounts receivable

solution

we first find credit balance in allowance that is

credit balance in allowance = $36000 - $32000

credit balance in allowance = $4000

and

so here balance in bills receivables account is

balance in bills receivables account =  ( $400000 - $32000 ) - ( $36000 - $32000 )

balance in bills receivables account = $368000 - $4000

balance in bills receivables account = $364000

4 0
4 years ago
Raphael Corporation’s common stock is currently selling on a stock exchange at $157 per share, and its current balance sheet sho
IRINA_888 [86]

Answer:

$85 per share and $35 per share

Explanation:

According to the scenario, computation of the given data are as follow:-

We can calculate the par of shares by using following formula:-

Corporation’s Preferred Stock‘s Par Value is

= Preferred Equity ÷ No. of Preferred Outstanding Shares  

= $85,000 ÷ 1,000

= $85 per share

Corporation’s Common Stock‘s Par Value is

= Common Equity ÷ No. of Common Outstanding Shares  

= $140,000 ÷ 4,000

= $35 per share

 

7 0
3 years ago
Sip corp uses no debt. the weighted average cost of capital is 8 percent. if the current market value of the equity is 18 millio
grigory [225]

Since there is no debt, all the capital that the company raises is in the form of common equity.

Since there is only equity (meaning the firm is a fully equity firm), the weighted average cost of capital (WACC) is nothing but the cost of equity

In this case the WACC represents the cost of equity

Therefore, cost of equity = WACC = 8%

6 0
3 years ago
Ken, a transaction broker, worked with both the buyer and seller in the sale of a home. The sale went well and it closed on time
vovangra [49]
Ken, the agent, violated the law of agency  
In this particular instance, when Ken told the the buyer that the seller would take a lower price than what was on the listing in order to close the sale faster and then told the buyer exactly which price they should offer, Ken, who is the agent, has now violated the law of agency
6 0
3 years ago
Anson Jackson Court Company (AJC) The Anson Jackson Court Company (AJC) currently has $200,000 market value (and book value) of
ddd [48]

Answer:

7.38%

Explanation:

Calculation to determine what would be AJC's new WACC and total value

Using this formula

WACC and total value=(Equity)(Required rate of return on equity)+(Debt)(1-Tax rate)(Required rate of return on debt)

Let plug in the formula

WACC and total value=(0.6)(0.095)+(0.4)(1-0.4)(0.07)

WACC and total value=0.057+0.0168

WACC and total value=0.0738*100

WACC and total value=7.38%

Therefore would be AJC's new WACC and total value is 7.38%

5 0
3 years ago
Other questions:
  • Which type of portfolio might a young investor who is not afraid of risk choose?
    9·2 answers
  • During the year, the following selected transactions affecting stockholders' equity occurred for Navajo Corporation: a. Feb. 1 R
    8·1 answer
  • The largest organizational unit in the federal bureaucracy is a(n) __________. science forums
    12·2 answers
  • What is the first sentance of an introduction called​
    11·1 answer
  • A community council must decide which recreation facilities to construct in its community. Four new recreation facilities have b
    14·1 answer
  • The market for fertilizer is perfectly competitive. Firms in the market are producing output but are currently making economic l
    7·2 answers
  • Need answers fast comment and ill answer as fast as I can starting with who asked first
    10·2 answers
  • The money multiplier declined significantly during the period​ 1930-1933 and also during the recent financial crisis of​ 2008-20
    13·1 answer
  • Vanessa Company is evaluating two projects. project 1 is a project requiring a capital expenditure of 814,400. the project has a
    10·1 answer
  • Chris paid $100,000 for a single-family home on July 1, 2019, and immediately placed it in service as residential rental propert
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!