The company could use the following equation to find the number of price increases, x, that would still allow them to have a revenue of $1,700:
Revenue = Ticket Price x Number of Tickets Sold
$1,700 = (8.50 + 0.25x) * (200 - 5x)
The company is assuming that for each $0.25 increase in the price of the ticket, the average ticket sales will go down by 5 people. So the number of ticket sold will decrease by 5x
To solve the equation for x, we can first multiply both sides of the equation by (200-5x) and rearrange:
(200-5x)*(8.5 + 0.25x) = 1700
Then, expand (8.5 + 0.25x) * (200-5x) and simplify the equation to:
1700 = 1700 - 5x(8.5 + 0.25x)
On both sides we have 1700, so we get
0 = 5x(8.5 + 0.25x)
In order to find the value of x, we will have to divide both sides by 5x*0.25x to get:
x = x can't be calculated because x cannot be zero
The company can not determine the number of price increases it could make, x, because the number of tickets sold depends on the ticket price and the coefficient of the variable x, is zero, which makes x an indeterminate. Therefore, it is impossible to solve for x in this equation and as such the company should consider other factors and strategies in order to reach a revenue of 1700
Megan, a seller, tells the party buying her home that the property will soon be part of the public water system. She makes this claim based on erroneous information supplied to her by the city. The buyer relies upon this information and moves forward with the purchase of the home. This is an example of ______.
The buyer relies upon this information and moves forward with the purchase of the home. This is an example of Innocent misrepresentation.
What Is Innocent Misrepresentation?
Misrepresentation in general is a legal term that means “a false statement of fact that has the effect of inducing someone into a contract.” It originates from English common law, but has been adopted as a legal principle in the United States. It is a statement that is either untrue, or highly misleading (as opposed to a statement of opinion).
Innocent misrepresentation is one of the three recognized varieties of misrepresentations in contract law. Essentially, it is a misrepresentation made by someone who had reasonable grounds for believing that his false statement was true. So in the above example, if the seller didn’t know the stereo was actually old, he would only be liable for an innocent misrepresentation.
In the real world, however, it is often the case that because the other two varieties of misrepresentation (negligent and fraudulent) are much more difficult to prove, often this is the best course of action.
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Question 1 A business wants to evaluate their campaign, and specifically wants to look at how much net profit after investments they made versus how much they spent on advertising. This measurement would be:
A business wants to evaluate their campaign, and specifically wants to look at how much net profit after investments they made versus how much they spent on advertising. This measurement would be: ROI.
What is ROI?This is the term that is used to refer to the return on investment. The return on investment is the interest or the value that is gotten when a person invests.
When they look back at the amount they have made from the business after the expenses they spent, this would be the ROI.
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What organization issues management marketing and technical publications
SBA organization issues management marketing and technical publications.
The U.S. Small enterprise administration is a US government company that offers aid to marketers and small organizations.
The U.S. Small enterprise administration (SBA) facilitates Americans to grow groups and create jobs by using offering sources and gear, inclusive of getting the right of entry to capital; opportunities in Federal contracting; get admission to entrepreneurial training; and disaster assistance for companies, owners, and renters.
The term Small commercial enterprise management (SBA) refers to a U.S. government employer this is designed to bolster and promote the financial system by way of supporting the united states' small businesses. Mounted in 1953, the SBA's largest function is to recommend folks who need to start and develop their very own corporations.
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The inflation rate is the percentage change in the _____ from one year to the next. Deflation is a situation in which the _____ is _____ and the inflation rate is _____.
The inflation rate is the percentage change in the price level from one year to the next. Deflation is a situation in which the price level is falling and the inflation rate is negative.
Inflation is frequently measured in broad terms, such as the general rise in prices or the rise in the cost of living in a country. Inflation is the gradual loss of purchasing power caused by price increases. Overall reduction in level of prices for goods and services is known as deflation. The nominal costs of capital, labor, goods, and services decrease as a result of deflation.
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Made-to-order metalworks is a small manufacturing firm specializing in custom-order tool and die work. a computerized accounting system would help this firm by?
The company Made to Order is a manufacturer of custom tools, which is a bespoke manufacturing. A computerized system can help the organization in many ways.
What is Manufacturing?A manufacturing organization is an organization that manufactures goods, and then sells them to customers and thus generates revenue and profits. A bespoke manufacturing company is the one who manufactures products as the customer wants it to be.
There are so many benefits of having a computerized system for the manufacturing business.
A computerized system can help Made to Order by creating a 3D model of the customer choice of tool, also the orders can be sequenced and easily monitored, delivery date can be highlighted if near and the order booking date can also be mentioned and helpful when the customer wants early delivery for the goods. Also the receipt of payments can be checked and monitored.
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the objectives of office automation are increased efficiency, personnel reduction, and improved working conditions.
It is TRUE that objectives of office automation are increased efficiency, personnel reduction, and improved working conditions.
What is automation?Automation serves as the usage of computerized system in handling industrial work.
Therefore, The objectives of office automation are increased efficiency, personnel reduction, and improved working conditions.
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In this discussion, analyze and discuss a case where company a claims its network was compromised by a connection from company b network. How should both companies proceed? who should be involved?
It seems to be a case of a network breach and hence it must be diagnosed by computer forensic experts. Both companies must agree to a Computer Forensic investigation into the matter. As far as Computer Forensic investigations are considered, they can be either public or private. Public investigations are conducted by the government while Private investigations are conducted by private Computer Forensic agencies. If the company is a private organization then it must go for a private investigation and if it is a government organization then it must go for a Public investigation. The investigation will be conducted as per the four principles of forensic investigation laid down by the Association of Chief Police Officers.
Management Discussion and Analysis (MD & A) is a section of public company annual reports or quarterly filings. MD & A examines the company's performance. In this section, the company's management and executives, also known as the C Suite, analyze the company's performance using qualitative and quantitative indicators.
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At the beginning of the year, Data, a C corporation, had a $45,000 deficit in accumulated earnings and profits. For the current year, Data reported earnings and profits of $15,000. Data distributed $18,000 to its shareholders during the current year. What amount of the distribution is treated as a taxable dividend
$15,000 is treated as a taxable dividend.
A corporation's distribution amount on its stock to it's shareholders will be the dividend distribution that is made with current earnings or profits or accumulated earnings or profits. In this question, $18,000 distribution would be a dividend to the extent of the $15,000 of the current period earnings or profits.
$45,000 deficit in its accumulated earnings and profits would begin the next year with the same amount amount because distribution does not increase a deficit.
Dividend income is taxable, but taxation varies depending on whether the dividend is eligible or ineligible. 1 Investors are usually drawn to dividend stocks and mutual funds because the return on investment (ROI) includes market appreciation in addition to dividends.
All dividends are taxable and all dividend income must be reported. This includes dividends that are reinvested to buy shares. If you received a dividend of at least $10 from a company, you should receive a Form 1099-DIV detailing the amount you received.
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An important customer showing up at a hotel that is fully booked and the reservation is missing would be placed in which category for managerial decision-making challenges?
An important customer showing up at a hotel that is fully booked and the reservation is missing would be placed in managers must make decisions quickly.
A business manager is a supervisor who directs and supervises the operations of an organization or department with employees. They strive to ensure that the company remains productive, efficient, and organized at all times by implementing operational strategies, conducting performance reviews, and overseeing all day-to-day activities.
Managers can lead teams and give them purpose and direction that employees can trust. It helps employees achieve their goals and manage the company's day-to-day production and processes. We also plan the next steps for managing projects and potential hires.
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If you look at average interest rates on savings accounts today, how do they compare with inflation?.
The average interest rates on savings account today compared to inflation shows that inflation is higher.
How are savings interest rates and inflation related?The current interest rates on savings accounts in the U.S. on average is about 0.08%.
Inflation on the other hand, is 9.1%. This shows that inflation massively outstrips the average savings interest rates.
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The ________ can compare the portion of the gross revenue to the total gross revenue.
The gross profit can compare the portion of the gross revenue to the total gross revenue.
Gross profit represents that income or profit which remains after the subtraction of production costs from total gross revenue.
Total gross revenue is the amount of revenue which is generated from the sale of goods and services by the company.
Gross profit helps the investors to check how much profit the company is earning from the production and sale of its goods and services.
Gross profit is commonly referred to as total gross revenue less gross revenue.
Revenue is generally referred to as the "top line" number because it is situated at the top of the income statement of any organization.
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The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative is a.product cost b.differential cost c.period cost d.discretionary cost
The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative is differential cost.
What is Differential Cost?Differential cost is the difference in costs between two possible decisions.The expense arises when a company must choose between multiple similar choices and choose one while rejecting the others.When faced with such circumstances, corporate executives must compare the costs and profits of each alternative to determine which is the most practical.The expenses incurred to produce a product are referred to as its cost.Direct labor, direct materials, consumable production supplies, and factory overhead are all included in these prices.The cost of the labor necessary to provide a service to a customer can also be considered when calculating product cost.In the latter scenario, all expenses associated with a service, such as compensation, payroll taxes, and employee benefits, should be included in the product cost.Costs that cannot be recognized on a company's balance sheet are referred to as period costs.In other words, they are recorded as an expense on the income statement in the period in which they are incurred. Some of the examples of Period cost are CEO salary, Marketing expense, selling, general and administrative expense.If necessary, a business or household can live without a discretionary expense.Nonessential spending is sometimes used to identify discretionary costs. This indicates that even if all discretionary consumer spending is stopped, a business or household can continue to function.know more about Period cost https://brainly.com/question/13237619
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Verifying a backup is also called _______________
Verifying a backup is also known as backup testing.
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Jonathan is interested in building the centerpiece of his firm's corporate governance, and so hires a ________ that is made up of individuals from both inside and outside the firm.
Jonathan is interested in building the centrepiece of his firm's corporate governance, and so hires a "Board of directors" that is made up of individuals from both inside and outside the firm.
What is a Board of directors?A board of directors is simply a group of people chosen by shareholders to serve as their representatives. While nonprofit organisations and many private firms may name a board of directors even though they are not legally obligated to, every public company is legally required to appoint one.
Functions of a Board of Directors are-
establishing dividend policiesDeveloping option policiesSenior executive hiring and firing (especially the CEO)determining executive compensationassisting managers and their teamskeeping up with business resourcessetting broad organisational objectivesensuring that the business has the resources necessary to be handled effectively.The bylaws of a business or organisation establish the structure, duties, and authority granted to a board of directors.
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When a consumer purchases a product, a(n) _________ is created for this item to be re-stocked by the merchant.
When a consumer purchases a product, a demand is created for this item to be re-stocked by the merchant.
Consumer demand is a monetary measure of a group's choice for a service or product primarily based on availability. It represents the shopping behavior of clients and helps determine the shopping traits of unique populations.
The monetary elements that maximum affect the call for customer goods are employment, wages, expenses/inflation, hobby fees, and purchaser self-belief.
Demand is decided by using some factors, inclusive of the range of humans looking for your product, how a great deal they are inclined to pay for it, and what kind of your product is available to consumers, both from your business enterprise and your competition.
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Answer the following question as it relates to the 2013 Louisiana Residential Agreement to Buy or Sell: The deposit shall be returned to the buyer and the purchase agreement shall be declared null and void for all of the following reasons EXCEPT:
The deposit shall be returned to the buyer and the purchase agreement shall be declared null and void for all of the following reasons EXCEPT The buyer changes his mind about the property.
When a fault is reported by the buyer, the seller has 30 days to fix it or get a closing title insurance policy. Any effort on the part of the seller to resolve a title dispute or get a closing title insurance policy will not be interpreted as an acknowledgment of a problem. Seller's only obligation is to return the Buyer's deposit if, in Seller's judgement, the objection cannot be eliminated or removing it would be unprofitable.
This Agreement shall cease and be void upon receipt by Buyer of the Deposit, and Buyer and Seller shall be relieved and discharged from all further claims and obligations to one another hereunder, with the exception of those that expressly continue beyond the expiration of this Agreement. None of the provisions of this Agreement, regardless of any other term to the contrary, shall obligate Seller to commence any legal action or make any payment, including any payment in excess of $5,000.00, in order to resolve any title issues.
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The net asset value is calculated by dividing the current _______ value of the fund's portfolio (reduced by liabilities) by the number of outstanding shares.
The net asset value is calculated by dividing the current assets value of the fund's portfolio (reduced by liabilities) by the number of outstanding shares.
What is net asset value (NAV)?The worth of an investment fund is represented by its net asset value, or NAV, which is determined by adding up all of the fund's assets and deducting all of its liabilities.
NAV is used by mutual funds and ETFs to determine the cost per share of the fund.The net asset value of an investment fund is calculated by dividing the number of outstanding shares by the net value of the fund's assets less its liabilities.Commonly, NAV is used to compute the price per share of a mutual fund or ETF.The closing market values of the securities in the portfolio are used to determine NAV at the conclusion of each trading day.A pooled investment security called an exchange-traded fund (ETF) functions very similarly to a mutual fund.ETFs often follow a certain sector, index, commodity, or other asset, but unlike mutual funds, they can be bought or sold on a stock exchange just like conventional stocks.Anything from the price of a single commodity to a sizable and varied group of securities can be tracked by an ETF.ETFs may even be designed to follow particular investment strategies.Know more about ETF https://brainly.com/question/15169791
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Which two lines intersect at level of output the firm is supplying if that business is earning zero economic profits?
The average cost curve and the variable revenue curve are two lines which intersect at level of output when the firm is supplying and that business is earning zero economic profits.
If the price which the firm is charging from customer is higher than its average cost of production for the quantity of the goods produced, then the firm will earn profits to a large extent.
Conversely, if the price which is charged by the firm is lower than its average cost of production, the firm will suffer losses.
Thus when the cost is equal to the revenue of the firm it means there is no profit at all. At this level the average cost curve will intersect the revenue curve.
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What category of investors sees syndicate equity financing as a good opportunity?
Small investors sees syndicate equity financing as a good opportunity.
A group of investors known as an equity syndicate decides the price of an equity IPO before it goes public. The equity syndicate determines this price by taking into account a number of variables, including the hedge risk and the company's financial situation. Any equity syndicate has a relatively small membership, which is often made up of senior investment bank personnel.
Equity syndicates conduct the majority of their own hiring through lateral hires and recommendations from friends and family. In general, one needs to have a lot of experience in corporate finance and ECM to join the equity syndicate. According to estimates, there are probably fewer than 100 people who belong to equity syndicates globally.
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Having bureaucratic leaders directly elected by the people is the easiest way to make them _____.
The bureaucrates directly elected by the people in any case make them judiciary to take and implement several decisions.
They exist to perform various unctions of people matters and administration making the law more effective and efficient. They are heart and soul of the organisation contemplating and analyzing all the rules.
If it is directly elected with the public leaders as it is easier both or the government to make decisions and implement policies and procedures in easiest way.
Performing of the duties can be done through executive and legislature also but judiciary comes in order or legal rules and regulations through bureaucratic manner.
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The richest 1% of the world's population owns more wealth than the rest of the 99% combined. True or False
The distribution of wealth on Earth is such that the richest 1% are wealthier than the rest of the 99% combined so this is True.
How is income distributed?The top 1% of the human population are so wealthier that they own more than the combined assets of the other 99%.
This was confirmed in 2016 by Oxfam, and the scary part is that this trend is set to continue.
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Advertising, sales promotion, public relations, and buzz building activities are all?
Advertising, sales promotion, public relations, and buzz-building activities are all option(a)i.e, channels that should be integrated under the concept of integrated marketing communications.
Integrated marketing is the practice of combining all elements of marketing communication, including PR, social media, and advertising, and employing each one's unique combination of channels, media, and methods to provide a smooth and customer-focused experience.
A coherent message may be delivered to end users over a variety of channels with the help of integrated marketing communication, which increases the likelihood that it will succeed in luring clients. Customers receive a single message overall marketing platforms, including TV, radio, banners, hoardings, and so forth.
The following are crucial devices for integrated marketing communications:
Advertising.Sales Promotions (SP)Personal Selling (PS)Direct Marketing (DM)Social Media Marketing.Internet Marketing.Mobile Marketing.To know more about integrated marketing refer to: https://brainly.com/question/13013135
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The complete question is:
Advertising, sales promotion, public relations, and buzz-building activities are all ________.
A) channels that should be integrated under the concept of integrated marketing communications
B) channels focused more on interactive marketing than traditional marketing
C) promotional tools used for push strategies but not pull strategies
D) promotional tools used for pull strategies but not push strategies
E) promotional tools adapted for use in mass marketing
Two necessary expenditures which are leading inflationary indicators are _________. a. Housing and lawn design b. Clothing and fashion c. Televisions and cable rates d. Food and gasoline Please select the best answer from the choices provided A B C D
Two necessary expenditures which are leading inflationary indicators are d. Food and gasoline.
What are expenditures?An expenditure serves as payment either in cash with either cash or credit that is used in purchasing goods or services.
Out of the options, Two necessary expenditures which are leading inflationary indicators are d. Food and gasoline.
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Stepping into adulthood during a recession: Did job losses during the Great Recession impact health of young adults
Job losses during the recession of young adults living by themselves led to increased onset of doctor-diagnosed mental health problems and worries related to jobs.
How were young adults affected by the Great Recession?
Young adults had high unemployment rates, decreased earnings, decreased net worth, lower rates of property ownership, and increased rates of co-residence with parents during the Great Recession.
Who suffers the most during a recession?
Many Americans aged 50 and older, notably baby boomers approaching retirement, were impacted either directly or indirectly by rising unemployment, declining property values, and the decrease in the stock market, even while young individuals in their 20s and 30s took the brunt of the economic slump.
Who benefits from a recession?
When renting is expected to become a more enticing alternative, if not the only one, during a recession, rental agencies, landlords, and property management firms can prosper.
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What is the role of incident response and management in risk mitigation and risk management?
The role of the incident response and management in risk mitigation would be to
provide the timely detection, notify, and interventionWhat is incident and management in risk mitigation?This is the body that helps to determine the level of risk that can be termed as acceptable. They are the body that helps an organization to check the risks that they may not want as acceptable.
This is the body that has the capability and the instruments that are necessary in order to respond to the situations that are seen as critical
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Sofa co is selling sofas with a 33% discount off the original price to reduce its stock. Calculate the discounted price of a sofa originally selling for £999.00. Please show your working.
Answer:
£669.33
Explanation:
First, we subtract 33% from 100%, which equals 67%.
Then, convert 67% directly to a decimal:
67% = 0.67
Finally, doing the calculation by hand or with a calculator, we find
67% of 999 = 0.67 x 999 = 669.33
So the answer is 669.33
If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that:________
If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that marginal physical product is negative.
What is the change in total output that results from hiring one additional worker?
The difference in production brought on by using an additional unit of labor is known as the marginal product of labor.
Does hiring additional workers increase the total revenue at a decreasing rate?
Total output increases with additional employees, although at a slower rate. a stage of production where an increase in the labor force leads to a decline in labor's marginal product. With each new unit of labor added to the mix, a company with this will produce progressively less production.
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A principal has a duty to pay an agent in a timely manner under the customary compensation for services rendered.
a. true
b. false
It is true that principal has a duty to pay an agent in a timely manner under the customary compensation for services rendered.
What is Principal Agent Relationship?This is when two parties have agreed that an agent will act on behalf of the principal in negotiating and transacting business with third parties.
With regards to compensation, when a principal requests certain services from an agent, the principal has a duty to pay the agent, in a timely manner, for those services rendered.
Some of the duties of principal to its agent are:
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A company has a debt-to-capitalization ratio of 31.8%. Its pre-tax cost of debt is 7.4%. It has an unlevered beta of 1.05, a levered beta of 1.37 and a marginal tax rate of 35%. The risk free rate is 5.2% and the market risk premium is 6.2%. What is the company's WACC
The company's WACC will be 10.87% which is option A.
What is WACC and how is it calculated?WACC stands for Weighted average cost of capital.
WACC is calculated by multiplying the cost of each capital source (debt and equity) by its relevant weight by market value, and then adding the products together to determine the total. The cost of equity can be found using the capital asset pricing model (CAPM).
A company's debt-to-capital ratio or D/C ratio is the ratio of its total debt to its total capital, its debt and equity combined. The ratio measures a company's capital structure,
Formula For Calculation of WACC :-
WACC Formula = (E/V * Ke) + (D/V) * Kd * (1 – Tax rate)
E = Market Value of Equity.
V = Total market value of equity & debt.
Ke = Cost of Equity.
D = Market Value of Debt.
Kd = Cost of Debt.
Tax Rate = Corporate Tax Rate.
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Correct Question - A company has a debt-to-capitalization ratio of 31.8%. Its pre-tax cost of debt is 7.4%. It has an unlevered beta of 1.05, a levered beta of 1.37 and a marginal tax rate of 35%. The risk free rate is 5.2% and the market risk premium is 6.2%. What is the company's WACC?
A) 10.87%
B) 13.70%
C) 11.69%
D) 9.55%
The change in equity of a business enterprise during a period from transactions and other events and circumstances from nonowner sources is called:_______
Comprehensive income is the change in equity during the period from the non-owner related transactions.
Net income and unrealized income, such as unrealized profits or losses on financial instruments used as hedges or derivatives and gains or losses from foreign exchange transactions, are both included in comprehensive income. It offers a comprehensive understanding of a company's earnings that the income statement cannot fully convey.
Comprehensive Income, according to a company's financial reporting, "includes all changes in equity over a period, excluding those attributable to owner investments and distributions to owners."
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