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g100num [7]
3 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]3 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.

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Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $57,000, and the
gulaghasi [49]

Answer and Explanation:

The computation is shown below:

Contribution Margin for Bat

= $50 - $50

= $0

Contribution Margin for Gloves = $100 - $80

= $20

Now  

Overall Contribution Margin = (0 ×70%) + ($20 × 30%)

= $0 + $6

= $6

Now  

A. Break even sales = Fixed cost ÷ contribution margin

= $57,000 ÷  $6

= 9,500

B.Baseball bats = 9,500 × 70% =6,650

Baseball Gloves = 9,500 × 30% = 2,850

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3 years ago
Zinc, Inc. has 10,000 shares of $5 par, 5% preferred stock, and 5,000 shares of $10 par common stock issued and outstanding. If
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Answer:

A. 2500

Explanation:

10,000 shares x $5 x .05= 2500

8 0
3 years ago
Is the general rise in prices throughout an economy.
Salsk061 [2.6K]

Answer:yes

Explanation:

4 0
2 years ago
Read 2 more answers
Flounder Corporation owns machinery that cost $26,400 when purchased on July 1, 2017. Depreciation has been recorded at a rate o
Alecsey [184]

Answer:

A. Dr Depreciation Expense $2,123

Cr Accumulated Depreciation $2,123

B. Dr Cash $13,860

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Explanation:

Preparation of the journal entries to (a) update depreciation for 2021 and (b) record the sale.

A. Preparation of the journal entries to (a) update depreciation for 2021

Dr Depreciation Expense $2,123

Cr Accumulated Depreciation $2,123

(3185*8/12)

B. Preparation of the journal entries to record the sale

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Cr Machiner$26,400

Cr Gain on Disposal of Machinery$671

[($13,860+$13,211)+$26,400]

7 0
2 years ago
The University could continue to use the present bus for the next seven years. Whether the present bus is used or a new bus is p
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If the present bus is repaired, the present value of the annual cash operating costs associated with this alternative is calculated as follows;

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