A stadium sells 1,000 tickets at $10 and 2,000 tickets at $5. What is the average ticket price for the event?

The internet enables people to make better economic decisions because they can do which of the following?

faltersainse [42]

Answer:

The practice of buying and selling goods and services over the internet is known as E-Commerce

Explanation:

E-commerce is otherwise called electronic trade or web business. Exchange of cash, assets, and information is likewise considered as E-business. These business exchanges should be possible in four different ways:

Business to Business (B2B), Business to Customer (B2C), Customer to Customer (C2C), Customer to Business (C2B).Any variety of the spelling is right, and everything portrays a similar demonstration of performing business by means of the web.

3 0

3 years ago

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Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs

eimsori [14]

Answer:

a. 22,400 units

b. 27,600 units

Explanation:

Break even point is the level of Activity where a firm neither makes a profit nor a loss.

Break -even (units) = Fixed Costs / Contribution per unit

Contribution per unit

Contribution per unit = Sales per unit less Variable Cost per unit

= $66 - $44

= $22

Break -even (units) = $492,800 / $22

= 22,400 units

Sales units to reach a target profit = (Target Profit + Fixed Costs) / Contribution per unit

= ($114,400 + $492,800) / $22

= $607,200 / $22

= 27,600 units

4 0

3 years ago

The hospitality industry cannot quickly add a room to a lodge. Instead, lodge managers use yield management, which varies a pa

kiruha [24]

Answer:

The answer is price per room

Explanation:

The parameter that changes under yield management is price per room.

Because when considering sales and operations planning for services and perishable products such as airline seats, hotel rooms, the prices are regularly adjusted to maximize total profit.

3 0

3 years ago

Forecast the 2019 Cost of goods sold on the previous year’s number and the assumptions. 2018 Actual 2019 Estimate Sales Growth 6

sveta [45]

The Cost of Goods Sold for 2019 is forecasted to be $30,600.

<h3>What is Cost of Goods sold?</h3>

This refers to total amount that a firm paid as a cost directly related to the sale of products.

The Sales Growth between the years 2018 and 2019 is 2% (8%-6%).

Because the 2018 Cost of Goods Sold equals $30,000, then, it will be adjusted according to the sales growth recorded in the subservience year.

Cost of Goods Sold (2019) = $30,000 *(1+0.02)

Cost of Goods Sold (2019) = $30,000 *1.02

Cost of Goods Sold (2019) = $30,600