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
miss Akunina [59]
2 years ago
7

If it costs $75,000 to put on an event and total revenue is $135,000, what is the profit as a percentage of revenue?

Business
1 answer:
Nuetrik [128]2 years ago
4 0

Answer:

44.44%

Explanation:

Profit is obtained by subtracting cost from revenue.

I,e.,

Profit = revenue - cost.

In this case,

Profit = $135,000 - $75,000

Profit = $60,000

As a percentage of revenue

= $60,000/ $135,000 x 100

= 0.44444 x 100

= 44.44 %

You might be interested in
Financial Calculations
vova2212 [387]

Answer:

$14

Explanation:

24 each batch minus 10 is total profit

3 0
2 years ago
Brews 4 U is a local chain of coffee shops. Managers are interested in the costs of the stores and believe that the costs can be
Elden [556K]

Answer:

Explanation:

a. In a regression equation expressed as y= a + bx, how is the letter b best described?

Here, b is the slope and best described as the estimate of the cost when there's a visit of an additional customer.

b. How is the letter y in the regression equation best described?

The letter y is the observed store cost for that particular month.

c. How is the letter x in the regression equation best described?

The letter x is the observed customer visit for that particular month.

d. Based on the data derived from the regression analysis, what are the estimated costs for 370 customer-visits in a month?

The estimated cost for 370 customer visit will be:

Y = a + bx

where,

a =$1496

b = $2.08

x = 370 customer visit

Y = $1496 + ($2.08 × 370 customer visit)

= $1496 + $769.6

= $2265.6

e. What is the percent of the total variance that can be explained by the regression equation?

The percent of total variance which the regression equation explain will be:

R2 = 0.86814 or 86.814%

3 0
3 years ago
What form of welfare gives direct payments to recipients
jonny [76]
Since you provide no options, one of the form of welfare that gives direct payments to recipients is : DPDP
Which stands for Direct payments demonstration Projects

hope this helps

5 0
3 years ago
Riverboat Adventures pays $450,000 plus $5,000 in closing costs to buy out a competitor. The real estate consists of land apprai
kkurt [141]

Answer:

$150,150

Explanation:

Total fair value of all assets:

= Land + Building + Paddleboats

= $67,200 + $158,400 + $254,400

= $480,000

Building accounted for:

= Fair value of building ÷ Total fair value

= $158,400 ÷ $480,000

= 33%

Therefore, the building is 33% of the total fair value of assets.

Cost of acquisition of assets:

= Amount paid + Closing cost to buy out a competitor

= 450,000 + 5,000

= $455,000

Cost to be allocated to the building:

= Cost of acquisition of assets × Percent share in total fair value

= $455,000 × 33%

= $150,150

8 0
3 years ago
Is interest on loan an expense or a liability....Please help​
GREYUIT [131]

Answer:

expense

explanation :

when we're about loan we are talking about a business or a person who is taking a loan. in this case the person or the firm pay interest on the loan.

3 0
1 year ago
Other questions:
  • A dividend preference for preferred stock means that:_________A. Dividends must be declared on preferred stock. B. Preferred sha
    10·1 answer
  • Unsystematic risk:
    15·2 answers
  • Suppose taxpayers are given a one-time only rebate on previous taxes paid. If consumers spend all of their tax rebate checks, wh
    8·1 answer
  • Company X had net income of $200,000 in the year 2016. At the beginning of 2016, there were 500,000 shares of outstanding common
    7·1 answer
  • Which of the following statements about prices and inflation is not​ correct? A. Inflation represents a general rise in prices o
    11·2 answers
  • If you want to analyze customer data from your territory in an effort to identify new opportunities for sales growth, using ____
    5·1 answer
  • Working on a song for someone I used to love
    14·1 answer
  • You are out to eat with your friends.
    10·2 answers
  • Which of the following is NOT considered a trend in marketing?
    9·1 answer
  • Hey I was wondering if someone could make a study guide for my 7th grade final (I finished most of it.) I'll give lots of points
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!