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Sholpan [36]
2 years ago
14

Which area should be of greatest concern to beverage managers when hosts or sponsors are charged per-person prices for open bars

?
Business
1 answer:
sattari [20]2 years ago
7 0

Based on the principles of management, the correct answer is when sponsors are charged per-person price

<h3>Charging sponsor per-person</h3>

  • The more the audience, the more the manager will have to charge for the sponsored event because the sponsor is being exposed to more people and would not want to disappoint.

Unlike charging host per person, all you need do is to get the number of invitees to determine price.

In conclusion, we can conclude that the correct answer is charging sponsor per-person.

Learn more about sponsor charging here:brainly.com/question/10157717

You might be interested in
A company manufactures and sells blank audiocassette tapes. The weekly fixed cost is ​$10,000 and it costs ​$0.40 to produce eac
sasho [114]

Answer:

6251 tapes

Explanation:

Given: fixed cost is ​$10,000.

           Variable cost is $0.40 to produce each tape.

            Selling price is $2 per tape.

Lets assume number of tapes to be produced and sold be "x"

We know, Total cost= Fixed\ cost+ Variable\ cost

∴ Total cost= 10000+ 0.40\times x

Total cost= 10000+0.40x

As given, selling price is $2 per tape.

∴ For attaining break even point, Tota cost = Selling price.

10000+0.40x= 2x

Solving the equation to find the value of x

⇒ 10000+0.40x= 2x

Subtracting both side by 0.4x

⇒10000= 1.60x

Dividing both side by 1.60

⇒ x= \frac{10000}{1.60}

∴ x= 6250

Hence, number of tapes must be sold and purchased is 6250 to attain break even in the business, however selling one more tapes will get profit is 6251.

4 0
3 years ago
Bob and mary are financing $180,500 for a new home. their lender will approve an interest rate of 5% if bob and mary pay two dis
nata0808 [166]

Bob and mary are financing $180,500 for a new home. their lender will approve an interest rate of 5% if bob and mary pay two discount points at closing. Cost them is $3,610.

A discount point is 1% of the loan amount. Bob and Mary are paying two points (or 2% of $180,500), which is $3,610.

What is discount points?

  • Discount points are a shape of paid ahead of time intrigued that contract borrowers can buy to lower the intrigued rate on their consequent month to month payments.
  • Discount points are a one-time expense, paid up front either when a contract is to begin with orchestrated or amid a refinance.
  • Each markdown point for the most part costs 1% of the overall credit and brings down the loan’s intrigued rate by one-eighth to one-quarter of a percent.
  • Points don’t continuously got to be paid out of the buyer’s stash; they can some of the time be rolled into the advance adjust or paid by the vender.

To know more about discount points visit:

brainly.com/question/14329985?

#SPJ4

4 0
1 year ago
Maxim manufactures a hamster food product called Green Health. Maxim currently has 10,000 bags of Green Health on hand. The vari
SVEN [57.7K]

Answer:

$6,655

Explanation:

Variable cost per bag = $3.70

Total fixed cost = $10,000

Unit selling price before further processing = $9.05

No of bags = 10,000

Contribution per bag = 9.05-3.7 = $5.35

Total revenue = 9.05*10,000= $90,500

Net income =90500-(10,000+37000 )= 43500

Incremental cost =2100

Incremental revenue( 10,000*8.05) + (3100*6.05)

80500 + 18755 = $99255

Net income  = 99255 - (2100+47000)= 50155

Financial advantage = 50155-43500=6655

5 0
3 years ago
Your coin collection contains fifty-four 1941 silver dollars. Your grandparents purchased them for their face value when they we
s344n2d4d5 [400]

Answer:

The correct answer is 3.

Explanation:

Giving the following information:

Your coin collection contains fifty-four 1941 silver dollars. These coins have appreciated at a 10 percent annual rate.

To calculate the future value, we need to use the following formula:

FV= PV*(1+i)^n

i= 0.10

PV= 54

n= 2060 - 1942= 119

FV= 54*1.10^119= 4,551,172.47

6 0
4 years ago
Company XYZ closed at ​$ per share with a​ P/E ratio of . Answer the following questions. a. How much were earnings per​ share?
uysha [10]

Answer:

Hello your question is incomplete below is the complete question

Company XYZ closed at ​$53.02 per share with a​ P/E ratio of 14.02 .

Answer :

A)  $3.79

B) underpriced

Explanation:

Given data:

Closing price  ( price per share ) = $53.02

P/E ratio = 14.02

A ) How much earnings per share

Earnings per share = price per share / (P/E) ratio

                                =  53.02 / 14.02 =  $3.79

B) To check if the stock is overpriced, underpriced or about right

i) At P/E ratio = 12

 Earnings per share = 53.02 / 12 = $4.43

 Earning yield = ( earning per share / market value ) * 100

                        =  ( 4.43 / 53.02 ) * 100 = 8.33%

ii) At P/E ratio = 13

Earnings per share = 53.02 / 13 = $4.09

Earning Yield = ( earning per share / market value ) * 100

                      = (4.09 / 53.02 ) * 100 = 7.69%

iii) At P/E ratio = 14

Earnings per share = 53.02 / 14 = $ 3.8

Earnings yield = ( earning per share / market value ) * 100

                        = ( 3.8 / 53.02 ) * 100 = 7.14%

The average of the earning yield given P/E ratio is 12-14

= ( 8.33 + 7.69 + 7.14 ) % / 3 = 7.72%

while  The earning yield given P/E ratio is 14.02

=  ( earning per share / market value ) * 100

= ( 3.79 / 53.02 ) * 100 =  7.12%

Therefore the stock is underpriced

4 0
3 years ago
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