To break even they must be able to sell 1,100 tickets during the event.
The immediate cost is set at
$2,000 (player fees) + $1600 (worker fees) = $3,600
Assuming that fans would reach around 200 people that would be:
$3 X 200 =$600 (free bat costing)
Overall cost would be at: $3,600 + $600 = $4,200
To break even the computation will be as follows:
2,500 tickets X $5 = $12,500
$12,500 - $4,200 = $8,300 in earnings
The word that comes in the blank space is; "sample".
<span>These customers represent the sample used in the study.</span>
The answer to this question is FALSE. Corporate blogs are
not easy to maintain because in making business blogs time is always needed
especially in having a schedule in posting frequently in the blog. Corporate
blogs can be external or internal blogs. External blogs are blogs that are
available in the public to see and interact while Internal blogs are blogs
within the company organization use only.
Answer:
$57.69 per share
Explanation:
The computation of the stock price per share immediately after issuing the debt but prior to the repurchase is shown below
Price per share = Value of equity ÷ number of Shares
where,
Value of equity is
= Value of operations + T-bills value - Debt value
= $576,923 + $259,615 - $259,615
= $576,923
And, the number of shares is 10,000 shares
So, the price per share is
= $576,923 ÷ 10,000 shares
= $57.69 per share
We simply applied the above formula
Revenue = $752,800
Cost of goods sold = $301,800
To solve for the gross profit:
Gross profit = revenue - cost of goods sold
Gross profit = $752,800 - $301,800
Gross profit = $451,000
The gross profit shows the profits a company has after taking their costs to make the product and subtract them from the sales they had.
