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natka813 [3]
3 years ago
8

If it costs $100000 to put on an event for four weeks (28 consecutive nights) how much revenue per night is needed to make $2000

0” profit during this period
Business
2 answers:
12345 [234]3 years ago
8 0

Answer:

the answer would 4285.7142 per night

Doss [256]3 years ago
6 0

Answer:

a) $10,714

Explanation:

i have a quiz with this question on it

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Susan Mbaya is an employee of Mauzo Ltd. She has provided the following details pertaining to
tatuchka [14]

Answer:

I don't know the answer to that question sorry

8 0
2 years ago
Pow Corp. accidentally overstated its 2018 ending inventory by $750. Assume that ending 2019 inventory is accurately counted. Th
sergeinik [125]

Answer:

b. 2018 net income is overstated by $750

Explanation:

As the ending inventory is overstated the COGS will be understated thus, the income was overstate as well. Because the expenses reduced from the sales revenues were lower than correct.

Also we can deduct the same logic considering the accounting equation

Assets = liab + equity

if asssets are 750 higher than it should, then Equiy is higher as well

+750  = +750

Equity is affected for the net income and dividends. Thus, we can also conclude the net income is overstated by 750

8 0
3 years ago
Are specialized accountants who look for evidence of improper
oksian1 [2.3K]

Answer:

A. Forensic accountants

Explanation:

Forensic accountants possess auditing and investigative skills. Their work entails examining financial records and statements in search of evidence for any financial misleading. Forensic accountants are trained and qualified accountants or auditors. They acquire investigative skills through specialized training.

5 0
2 years ago
Landis Company is preparing its financial statements. Gross margin is normally 40% of sales. Information taken from the company'
tatiyna

Answer:

$5,000= ending inventory

Explanation:

Giving the following information:

Gross margin is normally 40% of sales.

Sales= $25,000

beginning inventory= $2,500

purchases= $17,500

First, we need to determine the cost of goods sold:

COGS= 25,000*0.6= 15,000

Now, using the following formula, we can calculate the ending inventory:

COGS= beginning inventory + cost of goods purchased - ending inventory

15,000= 2,500 + 17,500 - ending inventory

5,000= ending inventory

5 0
3 years ago
Suppose physical capital per worker increased to $60,000 between 1990 and 2000 and output per worker increased by $45,000 over t
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