Question
In: Advanced Math
A theater has 500 seats, divided into orchestra, main, and balcony seating. Orchestra seats sell for...
A theater has 500 seats, divided into orchestra, main, and balcony seating. Orchestra seats sell for $50, main seats for $35, and balcony seats for $25. If all the seats are sold, the gross revenue to the theater is $17,100. If all the main and balcony seats are sold, but only half the orchestra seats are sold, the gross revenue is $14,600. How many balcony seats are there?
Solutions
Colby Messinger answered 1 year agoRelated Solutions
a broadway theatre has 600 seats, divided into orchestra, main, and balcony seating. orchestra seats sell...
a broadway theatre has 600 seats, divided into orchestra, main,
and balcony seating. orchestra seats sell for 50 main seats for 35
and balcony for 25. if all seats are sold the revenue to the
threatre is 20900. if all the main and balcony seats are sold but
only half the orchestra seats are sold the gross revenune is 17900
how many are there of each kind of seat
A theatre has two types of seats: regular seats sell for $16 and box seats sell...
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2) What is the breakeven point in sales per month?...
A Theater has n numbered seats, and n tickets are distributed among n persons. Compute the...
A Theater has n numbered seats, and n tickets are distributed
among n persons. Compute the probability that
(a) exactly two persons will be seated at seats corresponding to
their ticket numbers if all the seats are occupied at random.
(b) at least two persons will be seated at seats corresponding
to their ticket numbers if all the seats are occupied at
random.
ABC Theater runs multiple shows each month. Each of the 5 theaters has 100 seats. The...
ABC Theater runs multiple shows each month. Each of the 5
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no matter which show or time of day. Adults, Seniors and Children
admissions are all $10 each.
Given the following financial data:
ABC Theaters pays $8,000 rent for the theater equipment each
month
ABC Theaters owns the building and records depreciation of
$1,500 each month
The management has determined that there is a variable cost of
$2...
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a. Fama’s return decomposition has two main components –i)Risk and ii) Selectivity. Risk is further sub-divided...
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Risk and Manager’s Risk. Selectivity is also sub-divided into
Diversification and Net Selectivity. Explain in detail each element
and what role do they play in decomposing portfolio
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MGM CO. has been approached to bid on a contract to sell 500 voice recognition(VR) computer...
MGM CO. has been approached to bid on a contract to sell 500
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Due to technological improvements, beyond that time they will be
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MGM CO. has been approached to bid on a contract to sell 500 voice recognition(VR) computer...
MGM CO. has been approached to bid on a contract to sell 500
voice recognition(VR) computer keyboards per year for four years.
Due to technological improvements, beyond that time they will be
outdated, and no sales will be possible. The equipment necessary
for the production will cost $3 million and will be depreciated on
a straight-line basis to a zero-salvage value. Production will
require an investment in net working capital of $395,000 to be
returned at the end of the...
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