1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MAXImum [283]
2 years ago
14

Jacob wants to invite 20 friends to his birthday, which will cost his parents $250. If he decides to invite 15 friends instead,

How much money will it cost his parents? Assume the relationship is directly proportional.
Business
1 answer:
ehidna [41]2 years ago
4 0
The answer would be 187.50

250 $ for 20 friends would be $12.50 per friend. So, 12.5 x 15 = $187.50
You might be interested in
OSHA can help a business avoid this type of risk
aniked [119]
What are the risk options ?
3 0
2 years ago
Read 2 more answers
The transactions of Spade Company appear below. Kacy Spade, owner, invested $12,500 cash in the company in exchange for common s
horrorfan [7]

Answer:

Debits of trial balance = Credits of trial balance.

Explanation:

1. Dr Cash 12500

        Cr  Capital      12500

2.Dr Office supplies 363

        Cr  Cash                363

3.Dr Office equipment  6913

        Cr Accounts payable    6913

4. Dr Cash   1475

         Cr  Service revenue   1475

5. Dr Accounts payable 6913

        Cr Cash                       6913

6. Dr Account receivable 2650

        Cr  Service revenue        2650

7. Dr Rent expense  520

       Cr Cash                  520

8. Dr Cash  1113

       Cr    Account receivable 1113

9.a) Dr Retained Earning 1100

           Cr Dividend payable      1100

 b) Dr Dividend payable  1100

          Cr    Cash                      1100

Ledgers:

Cash=12500-363+1475-6913-520+1113-1100= Dr 6192

Office Supplies = Dr 363

Office equipment = Dr 6913

Capital = Cr 12500

Accounts payable = 6913-6913=0

Service revenue = 1475+2650= Cr 4125

Rent expense = Dr 520

Account receivable = 2650-1113= Dr 1537

Retained earning = Dr 1100

Dividend payable =1100-1100=0

                                                Trial Balance

       _Dr________________________________________Cr_____

                 6192 cash                              -----            12500  Capital

                 363  Office supplies              -----          4125 Service revenue

                6913 Office equipment          -----        

                520 Rent expense               ------

               1537 Account receivable

                1100 Retained earning

           Total =       16625                         ------           Total =   16625

5 0
2 years ago
Discuss the rationale of organizing an industrial strike in resolving employee dispute with the state, focusing on the detriment
WINSTONCH [101]

Answe

Explanation:

Discuss the rationale of organizing an industrial strike in resolving employee dispute with the state, focusing on the detrimental effects strikes has on various stakeholders in an economy

6 0
3 years ago
You are the curator of a museum. The museum is running short of funds, so you decide to increase revenue. What should you do to
SVETLANKA909090 [29]

Answer and explanation:

Demand elasticity measures the changes in quantity demanded as the result of changes in price. Demand elasticity is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal or higher than one (1) the product is <em>elastic </em>but if the result is lower than 1 the product is <em>inelastic</em>.

In the case, <em>as the elasticity of demand of the museum ticket is 0.45 it means the museum tickets is inelastic. This scenario implies that in front of changes of price the quantity demanded will not change. Thus, as a curator of the museum you should </em><u><em>increase the museum ticket price to increase revenue</em></u><em>.</em>

3 0
2 years ago
Mike says, "The possibility that my house may burn isa pure risk for me, but if I buy insurance, it is a speculativerisk for the
PilotLPTM [1.2K]

Answer:

I agree with Mike because pure risks involve only possible losses. Since he owns his house, the possibility of it burning down would represent only a loss to him.

But if he buys insurance, he will pay an insurance premium which means that if the house burns down, the company will lose money, but if the hose doesn't burn down, the insurance company will make a profit. This represents speculative risk because the possibility of a gain and a loss exist.

3 0
3 years ago
Other questions:
  • Susan is a new management trainee at Barney's Bats, Inc. She has just graduated with her bachelor's degree in management and is
    14·1 answer
  • Because the demand for wheat tends to be inelastic. True or False
    13·1 answer
  • Why might you complete a 1040 form instead of a 1040 EZ tax<br> form?
    15·2 answers
  • When delivering bad news to customers, use an indirect strategy as you would with other bad news messages, and maintain a positi
    6·1 answer
  • Suppose there are two possible outcomes if a new policy is instituted to improve air quality. There is a 30% chance it will prod
    8·1 answer
  • You are a manager of a soft drinks company that is planning to go head to head with Coca-Cola to increase market share. Your str
    10·1 answer
  • company purchased factory equipment on June 1, 2013, for $80,000. It is estimated that the equipment will have a $5,000 salvage
    13·1 answer
  • Although a marketing information system primarily serves the​ company's marketing and other​ managers, it might also provide inf
    14·1 answer
  • Which is not a feature of the four‑firm concentration ratio? a) It is an indicator of the oligopolistic nature of an industry. b
    12·1 answer
  • A defect on a title that can be monetary or physical is called an ______. Unset starred question Agreement Appurtenance Encumbra
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!