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aivan3 [116]
2 years ago
13

An arena makes profits of $150,000, $75,000, and $1,250,000 from concerts, circuses, and UFC events, respectively. What are the

respective percentages of the total profit? (Round to the nearest percent.)
Business
1 answer:
Ghella [55]2 years ago
5 0

Answer:

10%, 5%, 85%

Explanation:

\frac{(1250+75+150)}{100}=14\frac{3}{4} This is the amount, in thousands, required to get 1%.

\frac{1250}{14.75}=84\frac{3}{4}, therefore this is 85% (approximated)

\frac{75}{14.75}=5\frac{1}{12}, therefore this is 5%, and we'll call this number A
a*2=10\frac{1}{6}, and this is 10%!

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In the early days of it, the cio would report to the ____ as it was seen as a way to control costs. as technology has become mor
Morgarella [4.7K]
<span>In the early days of it, the cio would report to the ____ as it was seen as a way to control costs. as technology has become more strategic and able to deliver a competitive advantage, cios now report directly to the ____.</span><span>


CFO; CEO</span>
3 0
3 years ago
At the beginning of 2021, Artichoke Academy reported a balance in common stock of $154,000 and a balance in retained earnings of
professor190 [17]

Answer and Explanation:

The preparation of the statement of the stockholder equity and balance sheet would be shown in the attachment below:

The formulas for ending retained earning balance and stockholder equity  is

Ending retained earnings = Opening retained earnings + net income - dividend paid

And, the ending equity is

= Opening equity + additional shares

The same would be shown in the attachment

4 0
3 years ago
Identify a true statement about International Organization for Standardization (ISO) 9000:2000.
NNADVOKAT [17]

Answer: The correct answer is "D. Its standards apply to all types of businesses, including electronics and chemicals.".

Explanation: The ISO 9000 standards are a set of Quality Control and quality management, established by the International Organization for Standardization (ISO). They can be applied in any type of organization or activity oriented to the production of goods or services. The standards include both the minimum content and the specific implementation guides and tools as well as the audit methods.

7 0
3 years ago
StuckinMyHouse book company is a boutique shop that produces a small selection of adult coloring books. The first quarter 2020 M
suter [353]

Answer:

<em>Labour rate variance  =    $260 favourable</em>

Explanation:

<em>The rate variance would be the difference between the standard labour cost of the 2,300 units sold and the actual labour cost</em>

Standard labour cost  (3600/1200× 2300)<em>      6,900</em>

<em>Actual labour cost                                             </em><u><em>6, 640</em></u>

<em>labour rate variance                                     </em><u><em>   $260</em></u><em> favourable</em>

The variance is favourable because the StuckinMyHouse book company saved $260 as a result of of his actual cost been less than the expected cost.

6 0
3 years ago
You are considering an investment in fields and struthers, Inc, and want to evaluate the firm's free cash flow From the income s
kirill [66]

Answer:

A.) $81,100,000

B.) $64,000,000

C.) $17,100,000

Explanation:

EBIT = $90 million

Tax rate = 21%

Depreciation = $10 million

gross fixed assets increased by $56 million

current assets increased by $44 million

current liabilities increased by $36 million

A.) Operating Cash flow for 2021

EBIT + Depreciation - (EBIT × Tax rate)

$90, 000,000 + 10,000,000 - (90,000,000×0.21)

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B.) Investment in Operating capital for 2021:

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$56,000,000 + ( $44,000,000-$36,000,000)

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= $64,000,000

C.) Free cash flow

Operating Cash flow - investment in operating

$81,100,100 - $64,000,000 = $17,100,000

3 0
2 years ago
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