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mixas84 [53]
2 years ago
6

Kirkland Theater sells season tickets for six events at a price of $90. In pricing the tickets, the planners assigned the leadof

f event a value of $22 because the program was an expensive symphony orchestra. The last five events were priced equally; 1,140 season tickets were sold for the 2016 season. Required: a. Calculate the theater's earned revenue after the first three events have been presented. (Do not round intermediate calculations.)
Business
1 answer:
masya89 [10]2 years ago
5 0

Answer: $56088

Explanation:

To get the value for the theater's earned revenue after the first three events have been presented, we need to know the price per the remaining event and this will be:

= ($90 - $22) / 5

= $68/5

= $13.60

Therefore, the earned revenue after the first three events will then be:

= ($22 + $13.60 + $13.60) × 1140

= $49.20 × 1140

= $56088

Therefore, the earned revenue is $56088

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References are typically included on a résumé. please select the best answer from the choices provided t f
sergiy2304 [10]

Answer:

This is <em>false. </em>

Explanation:

You only have so much room on a resume, and refrences can be a waste of space. Typically, refrences are given upon request.

Hope this helped.

4 0
2 years ago
4. Sectoral shifts, frictional unemployment, and job searches Suppose the world price of cotton falls substantially. The demand
antoniya [11.8K]

Answer:

The temporary unemployment resulting from such sectoral shifts in the economy is best described as frictional unemployment.

This is because it is temporary and people in the affected sector could opt for jobs in other performing sectors of the economy.

Explanation:

Suppose the world price of cotton falls substantially, the following scenario will ensue.

The demand for labor among cotton-producing firms in Texas will reduce .

The demand for labor among textile-producing firms in South Carolina, for which cotton is an input, will also decline .

The temporary unemployment resulting from such sectoral shifts in the economy is best described as frictional unemployment.

Frictional unemployment is seasonal employment that could occur when there is no demand or work period is completed unlike structural unemployment that can last for long.

It is a temporary unemployment situation because workers in the cotton industry could opt for jobs in other performing sectors of the economy.

5 0
2 years ago
Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. T
Ira Lisetskai [31]

Answer:

1.$35,000

2.$6,300,000

Explanation:

The computation of Unit sales to earn the target income and Sales amount at required profit is given below:-

a. Contribution per unit = Unit sale price - Unit variable cost

= $180 - $135

= $45

Unit sales at required profit = (Sales cost + Required cost) ÷ Contribution per unit

= ($562,500 + $1,012,500) ÷ $45

= $1,575,000 ÷ $45

= $35,000

b. Sales amount at required profit = Unit sales at required profit × Unit sale price

= $35,000 × $180

= $6,300,000

8 0
3 years ago
Kellen orders 1,000 pounds of strawberries from Lucy so he can make his famous strawberry sundaes at his ice cream store. Lucy s
Zanzabum

Answer:

B. Rescission and Restitution

Explanation:

4 0
3 years ago
On January 1, a company issued and sold a $440,000, 6%, 10-year bond payable, and received proceeds of $434,000. Interest is pay
Harlamova29_29 [7]

Answer:

The carrying value of the bonds immediately after the first interest payment is $434,300.

Explanation:

Face value of the bond = $440,000

Proceeds from bond issue = $434,000

Discount on bond payable = Face value of the bond - Proceeds from bond issue = $440,000 - $434,000 = $6,000

Total number of seminual = Number of years of bond maturity * Number of semiannual in a year = 10 * 2 = 20

Discount amortizaton per semiannual = Discount on bond payable / Total number of seminual = $6,000 / 20 = $300

Carrying value after first interest payment = Proceeds from bond issue + Discount amortizaton per semiannual = $434,000 + $300 = $434,300

Therefore, the carrying value of the bonds immediately after the first interest payment is $434,300.

3 0
2 years ago
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