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beks73 [17]
3 years ago
14

Magic Events, Inc. is a global concert promoter that is organizing the world concert tour of the newest boy band. The company ha

s a global reputation for generating the highest revenues for their entertainers based on lucrative event triangles. What is the most critical factor in a successful event triangle?
A.


as much advertising to fans as possible


B.


mutually beneficial exchanges


C.


selling as much merchandise as possible


D.


choosing the right sponsors
Business
1 answer:
Grace [21]3 years ago
3 0

Answer:

A. as much advertising to fans as possible

Explanation:

The event triangle is made up of these 3 components

1. The participants

2. The sponsors

3. The spectators

Here the fans represent the spectators. They are the most critical factor of the event triangle .

The spectators are those who the boy band would be playing for. They are the ones who would go out to watch the event.

The spectators become monetary when the advertisement gets them to buy tickets for the event. That is they pay a fee to watch the event.

Primarily they provide necessary financial support for the event plus the money made from adverts.

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Cash flows from investing activities LO P3 Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a
bekas [8.4K]

Answer:

$221,100

Explanation:

Given that,

Book value of equipment = $65,300

Sold at a loss = $14,000

Purchase of a new truck = $89,000

Sale of land = $198,000

Sale of Long term investment = $60,800

Cash flows from investing activities:

= Sale of Equipment - Purchase of a new truck + Sale of land + Sale of Long term investment

= ($65,300 - $14,000) - $89,000 + $198,000 + $60,800

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= $221,100

8 0
3 years ago
In 1985, Alice paid $20,000 for an option to purchase ten acres of land. By paying the $20,000, she bought the right to buy the
nata0808 [166]

Answer:

Alice should exercise the option and pay $100,000 for the land.

Explanation:

As Alice has paid $20,000 for the option to acquire the land of ten acres.

In 1985, the worth of land was $120,000 but in 1992, the worth changed to $110,000. She should exercise the option because the inflation rate is the reason in the decrease in the worth of land. By buying the land, she can utilize the land by investing in it instead of holding the money as it will depreciate. By investing the money, she will get the profit and will increase in her wealth. Moreover, she can use other options by selling to another person after adding some value to the land and can get the profit.

8 0
3 years ago
Riley Company paid $60,000 cash to purchase land from Smally Company. Smally originally paid $60,000 for the land. A) Was this e
Veseljchak [2.6K]

Answer:

A. Asset exchange transaction

B. Asset exchange transaction

C. Investing activity

D. Investing activity.

Explanation:

In the question, the Riley company paid cash to Smally company, and the Smally company paid the amount for the land.

So,  

A. For Riley company, it is an asset exchange transaction as the asset exchanges between Riley and Smally company.  

B.  For Smally company it is an asset exchange transaction as the asset are the exchange between Riley and Smally company.

C. Investing activity. As the Riley company deals in the purchase and the sale of the fixed assets.

D. Investing activity. As the company deals in the purchase and the sale of the fixed assets.

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If i had to answer i would say C or D. (:
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