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Natalija
12 days ago
6

If the stadium made $2,150,000 last year for sports events but only made $1,650,000 this year, what is the percentage decrease i

n profit? (Round to the nearest percent.)
Business
2 answers:
soldi70 [3.1K]12 days ago
8 0

Answer:

23%

Explanation:

harina [3.2K]12 days ago
6 0

23% decline.


This can be calculated by dividing 1,650,000 by 2,150,000, resulting in 0.7674. By multiplying this figure by 100, we arrive at 76.74%.

Yet, this represents the proportion that 1,650,000 constitutes of 2,150,000. Hence, we need to subtract this number from 100, yielding 23.26, or rounded to 23%.

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Which of the following actions will likely cause a project to fail?
Nady [2956]

Answer:

The answer is option "C": ambiguous or conflicting expectations from stakeholders.

Explanation:

To ensure a project is successful, it is essential to understand the expectations of the company owners. If not, the team tasked with executing the project won't have a clear direction, enhancing the risk of project failure.

6 0
29 days ago
A company has retained earnings of $94,000 as of December 31, 2014. The Pro-forma income statement projects net income of $22,00
marusya05 [3091]

Answer:

$46,000.

Explanation:

To determine the retained earnings as of the end of 2015, we must first assess the total dividend that will be distributed to shareholders, and then combine the net income from 2015 with the leftover retained earnings from the conclusion of 2014 (after the distribution of 2014's dividend in March 2015) to arrive at the retained earnings figure for the close of 2015.

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Retained Earnings as of the end of 2015 = 94,000 - 70,000 + 22,000 = 46,000.

5 0
14 days ago
A repetitive manufacturing firm is planning on level material use. The following information has been collected. Currently, the
Scilla [3249]

Answer:

setup cost = $1.75

setup time = 2.625 min

Explanation:

given data

The firm operates for 250 days annually.

Annual demand is 22,000.

Daily demand is 88.

Daily production stands at 250.

Desired lot size is set at 63 (equivalent to 2 hours of output).

Holding costs are $40 per unit each year.

To determine

the setup cost and setup time

solution

The setup cost is calculated as

setup cost = \frac{Q^2*H*(1-\frac{d}{p})}{2D}......................1

Here, Q represents the desired lot size, H is the holding cost, d denotes daily demand, D is annual demand, and p is the daily output.

Plugging in the values,

setup cost = \frac{63^2*40*(1-\frac{88}{250})}{2*22000}

setup cost = \frac{2969*40*(0.648)}{44000}

setup cost = $1.75

Next,

the setup time is given by

setup time = \frac{setup\ cost}{setup\ labor}....................2

setup time = \frac{1.75*60min/hr}{40}

setup time = 2.625 min

8 0
1 month ago
The firm initially produced 500 pants and 700 shirts. If the firm decides to increase the number of shirts by 100 units, the opp
Free_Kalibri [3151]
<span>If the business opts to raise shirt production by 100 units, the corresponding opportunity cost will be 200 pairs of pants. Should the firm be at point E and choose to boost shirt output by 500 units, the opportunity cost rises to 400 pairs of pants.</span>
4 0
1 month ago
Read 2 more answers
A cell phone company has a fixed cost of $1,500,000 per month and a variable cost of $20 per month per subscriber. The company c
Free_Kalibri [3151]
a. The break-even point equals Fixed Cost divided by Contribution per unit. This results in a break-even point of $1,500,000 divided by $19.95, which equals 75,188 subscribers. b. The new break-even point would be calculated by $1,500,000 divided by $24.95, yielding 60,120 subscribers. c. Currently, the subscriber base consists of 73,000, and after accounting for a loss of 10,000 subscribers, the adjusted total is 63,000. Since 60,120 subscribers are required to break even, the company remains profitable with 2,880 extra subscribers exceeding the break-even number.
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