Answer:
220
Explanation:
Let us assume the adult ticket be X
And, the student ticket be Y
So, the first equation is
X + Y = 360
So, Y = 360 - X
Now the second equation is
5X + 3Y = $1,360
Now put the Y value to the above equation
5X + 3 × (360 - X) = $1,360
5X + 1,080 - 3X = $1,360
2X = $1,360 - $1,080
2X = $280
X = 140
Now the X + Y = 360
So, Y equal to
= 360 - 140
= 220
Answer:
118755
Explanation:
Here let x1, x2, x3……, x6 are number of cupcakes from each variety;
Therefore x1+x2+x3+x4+x5+x6 =24
Since the order in which the cupcakes are selected is unimportant we have the following;
Number of non-negative solution of above equation =24+6-1C6-1 =29C5 =118755
Therefore the correct answer is 118755
All of the above given options contributed to the financial crisis of 2008.
Option D
<h3>
<u>Explanation:</u> </h3>
The 2008 financial crisis has been cumulative of many factors which started in early 2000. Over the period of time from 2000-2008, the government sought to reduce federal funds rates increasing liquidity. The interest rates started increasing and the real estate market was at its saturation point, furthermore, there was also a subprime crisis in terms of loans and mortgages which negatively affected the market.
2008 recession was the climax of all the bad financial decisions that prevailed for many years prior. However, the recession was a global problem and many governments sought to reduce rates, purchased distressed assets and also sought to the nationalization of some financial institutions.
39 days of working capital financing does midas need to obtain from other sources.
Working capital, often referred to as net working capital, is the difference between a company's current assets—such as cash, accounts receivable, stocks of raw materials and finished goods—and its current liabilities—such as accounts payable and the percentage of debt due within a year.
The difference between current assets and current liabilities determines how much quick cash the company has on hand or has to raise.
When there is a positive working capital balance, current assets are greater than current liabilities.
On the other side, a negative working capital balance shows that current obligations are greater than current assets.
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Answer:
$10,944
Explanation:
Preparation of a pro forma income statement assuming costs vary with sales and the dividend payout ratio is constant
PROFORMA INCOME STATEMENT.
Sales $57,120
(1.20* $ 47,600)
Less Costs $42,720
($35,600/$47,600)*$57,120
Taxable Income $14,400
($57,120-$42,720)
Taxes $3,456
(24%*$14,400)
Net Income $10,944
($14,400-$3,456)
Therefore pro forma income statement assuming costs vary with sales and the dividend payout ratio is constant will be $10,944.