Memorial Stadium has traditionally relied exclusively upon 80 baseball games to generate revenue. However, the local baseball team has decided to move to a larger city. It is estimated that profit margin can be maintained or even increased by offering a smaller number of larger events. If the profit margin for a baseball game is $45,000 and the profit margin for an average concert is $175,000, how many concerts would it take to recoup the loss of the baseball games? (Round to the nearest whole number.)

Answers

Answer 1
Answer: - First, find out the amount of income for the stadium to generate revenue by multiplying the number of baseball games with the profit margin from the baseball games

80 x $ 45,000 = $ 3,600,000

- The next one, we just have to divide that amount with stadium's profit margin

$ 3,600,000 / $ 175,000 = 20,57 concerts

So it took about 21 concerts to recoup the loss of the baseball games

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The proper style for an argumentative essay is?

Answers

Answer:

Formal

Explanation:

Answer:

Formal

Explanation:

just like and rate u turds

Which type of account is typically the most liquid?

Answers

The type of account that is typically the most liquid is the one that could be easily converted into Cash within short period of time. Such as : Checking Account. In order to turn Checking account into cash, you just have to bring it to the bank


A checking account is the most liquid type of account, offering easy access to funds for everyday expenses. It has no restrictions on withdrawals or transactions, making it ideal for immediate financial needs.

A checking account is typically the most liquid type of account. It offers quick and easy access to funds, allowing account holders to make withdrawals, write checks, and use debit cards for purchases. The funds in a checking account are readily available and can be accessed at any time without any restrictions or penalties. This high level of liquidity makes checking accounts ideal for everyday expenses, bill payments, and other immediate financial needs. Unlike other types of accounts, such as savings accounts or certificates of deposit, checking accounts do not have limitations on the number of transactions or require advance notice for withdrawals. However, it is important to note that the level of liquidity may vary depending on the specific terms and conditions of the checking account, such as any minimum balance requirements or fees associated with certain transactions.

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The top managers of Promedium Inc. are creating a master budget for the company. They require a statement of the budget goals from each of its departments to be able to make an appropriate master budget. Karren, the manager of the sales department, overstates her needs in the budget and presents the statement to the top managers. The outcome of Karren's actions is known as _____.

Answers

Answer:

budget slack.

Explanation:

A budget slack refers to a deliberate over estimation of expenses or under estimation of revenues. Either way, the person presenting the budget will try to lower their estimated profit or try to obtain more money for their department or division.  

In this case, Karren is over estimating the expenses of her department. Probably she wishes to receive a larger amount of money in order to increase her department's activities. If she is able to pull it out, she will receive the credit for increasing sales, but if her department is not able to increase total sales even with a larger budget, it will be her responsibility.

Conversion costs are a.total equivalent units of conversion costs for the period divided by total conversion costs for the period. b.one part of a cost of production report that is prepared to show greater detail, including multiple cost categories. c.total direct materials cost for the period divided by total equivalent units of conversion costs for the period. d.total conversion costs for the period divided by total equivalent units of direct materials cost for the period.

Answers

Answer:

B

Explanation:

Conversion costs are those costs incurred in converting raw materials to finished products and includes costs of direct labour(wages and salaries paid to workers who are directly involved in production process).

Since costs of production comprises of direct material costs,direct labour costs ,direct expenses(costs of packaging for instance) and all indirect costs ,it would be safe to say costs of conversion is only a part of costs of production

Final answer:

Conversion costs are part of a Cost of Production Report, including the costs associated with converting direct materials into finished goods. They contain direct labor costs and overhead costs related to the manufacturing process. Other cost categories are also part of the report.

Explanation:

The answer is B. Conversion costs are actually part of a Cost of Production Report that detail the costs involved in converting direct materials into finished goods. They encompass the sum of direct labor cost and overhead costs associated with the manufacturing process. However, the report also includes other cost categories.

For instance, you might have some materials that you need to convert into a finished product. The cost of labor and the overhead costs (rent, utilities, and other costs associated with the production process but not directly tied to a particular item) are your conversion costs.

Total conversion costs for the period divided by total equivalent units of direct materials cost for the period does not define conversion costs but rather can be used to calculate the cost per equivalent unit of conversion cost for a given period.

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It is not unusual for the money spent advertising a single food product across the United States to be ___to___ times more than the money the federal government spends promoting MyPlate or encouraging us to eat fruits and vegetables.

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It is not unusual for the money spent advertising a single food product across the United States to be 10 to 50 times  more than the money the federal government spends promoting MyPlate or encouraging us to eat fruits and vegetables.

Explanation:

In the USA and other advanced countries, the current epidemic of obesity has worsened each year. They are a country of obese and overweight men.  

This really is difficult to compete with the few commercials and promotions that promote healthy living and fitness. Many would have difficulty remembering the sound effect of brown rice. The cash spending on a single food company in the US is typically 10 to 50 times the amount the federal government spends to support MyPlate or persuade us to consume fruit and vegetables.

The production function is Select one: a. influenced by the productivity of workers. b. the marginal revenue produce minus the wage rate paid to workers. c. the increase in the amount of output from an additional unit of labor. d. All of the above are correct.

Answers

Answer:

D, all of the above are correct.