Answer:
The ticket price that maximizes revenue is $18.10
Explanation:
Hi, first we need to construct the revenue equation in terms of the additional dollar charge (that would be X). That is:
So we expand it:
This is a parabola, and we need to find its vertex, which in our case that would be the maximum additional dollar charge in order to obtain the highest revenue possible, to find the vertex, we need to consider that:
And to find the X-coordenate we have to use the following equation.
In our case, A= -65; B= 1,247.5, so, all should look like this:
That means, we need to make 9.6 increments of $1 in order to obtain the max revenue possible, therefore, the price would be
Price = $8.50 + $1(9.6)= $8.50 + $9.6 =$18.10
Best of luck.
Answer:
The answer is: the amount of inventory at the end of the year was $1,583 using the average cost method.
Explanation:
The average cost method calculates the cost of inventory by dividing the total costs of goods by the total units.
- 10 units x $60 = $600
- 25 units x $65 = $1,300
- 30 units x $68 = $2,040
- 15 units x $75 = $1,125
The total cost of inventory is $5,065 ($600 + $1,300 + $2,040 + $1,125)
The total units in inventory are 80 (10 + 25 + 30 +15)
To find the average cost per unit = $5,065 / 80 units = $63.31
If 25 units were left at the end of the year, then the total cost of inventory is $63.31 x 25 = $1,582,81 or $1,583
Answer: 18.43%
Explanation:
Based on the information given, the cash flow on total assets ratio will be calculated as:
= (net cash flows from operations / average total asset) × 100
= ($341,000 / $1850000) × 100
= 18.43%
Therefore, the answer to the question is 18.43%
Answer: Display
Explanation: Display advertising is a form of commercial solicitation that is made to sell some commodity, service or similar and is typically designed as an image or a photo. As such, it employs the use of visuals like images, copy, illustrations or photos, headlines, coupons, videos and other visual components on the networks of publishers.
Answer:
The answer is: Phishing
Explanation:
Phishing is carried out by individuals who are trying to scan users. This is done by sending emails to try to collect someone else's credit card information, online banking accounts, or other type of login information. Phishing can also be done through web pages that are designed to illegally collect their users' information.
