subject
Business, 16.04.2020 23:34 castiaulii16

Kirkland Theater sells season tickets for six events at a price of $88. In pricing the tickets, the planners assigned the leadoff event a value of $29 because the program was an expensive symphony orchestra. The last five events were priced equally; 1,140 season tickets were sold for the 2016 season. Required: a. Calculate the theater's earned revenue after the first three events have been presented. (Do not round intermediate calculations.) b. About 94% of the season ticket holders attended the first event. Subsequent events were attended by about 78% of the season ticket holders. Would the attendance data impact revenue recognition

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 06:30
Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2
Answers: 2
question
Business, 22.06.2019 13:30
Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?
Answers: 3
question
Business, 22.06.2019 17:30
What do you think: would it be more profitable to own 200 shares of penny’s pickles or 1 share of exxon? why do you think that?
Answers: 1
question
Business, 22.06.2019 19:30
Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?
Answers: 3
You know the right answer?
Kirkland Theater sells season tickets for six events at a price of $88. In pricing the tickets, the...
Questions
question
Mathematics, 04.11.2019 19:31
question
English, 04.11.2019 19:31
Questions on the website: 13722360