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Solnce55 [7]
2 years ago
7

QUESTION 4 of 10: A stadium manager has signed five acts this year with a combined revenue projection of $1,000,050. The cost fo

r these is
expected to average $85,000 per act. How much profit margin does the stadium expect this last year?

a) $575,050
b) $750,000
c) $1,250,000
d) $1,720,000
Business
1 answer:
Ainat [17]2 years ago
7 0
A
85 x 5 = 425
1000 - 425 = 575
Used simple numbers but it’s correct
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The formula used to calculate direct materials on the schedule of cost of goods manufactured is this: Beginning raw materials + Purchases - Cost of the ending raw materials.

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brainly.com/question/26245657

8 0
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True of false: the best measure to use when comparing alternative investments is the amount of the dollar gain or loss.
Evgesh-ka [11]
That statement is  True
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5 0
2 years ago
The agency relationship in corporate finance occurs:__________
miskamm [114]

Answer:

when the shareholders hire a manager to run their company.

Explanation:

An agency relationship in corporate finance is a situation whereby a party known as an agent is hired by another party which is the principal, to perform certain functions or services. Based on this question, the share holders are known as the principal while the manager act as the agent. The relationship is formed after the agent has agreed that he or she will represent the principal

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All the following were true of the American economy under Cotton Kingdom EXCEPT a the South reaped all the profits from the cott
Lubov Fominskaja [6]

Answer:

a) the South reaped all the profits from the cotton trade.

Explanation:

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Beginning inventory was $50,000. Inventory purchased during the year cost $75,000. Inventory on hand at year-end was $40,000. Co
marusya05 [52]

Answer:

The Cost of Goods Sold or COGS for the period was $85000

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5 0
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