A lacrosse team plays in a stadium that holds 62000 spectators. With the ticket price at $9 the average attendance has been 26000. When the price dropped to $8, the average attendance rose to 31000. Assume that attendance is linearly related to ticket price.

What ticket price would maximize revenue?
Round to nearest cent.

Explain and use graphs

Describe how each of the following developments will affect the investment demand curve.

-Tax reform reduces many of the subsidies that previously existed for purchases of

new machines.

-The Federal Reserve lowers interest rates.

-Decreased regulation makes firms believe that the future marginal revenue products of capital will be higher.

Consider the constant-elasticity demand function Q = p−ε, where ε > 0.

1. Solve for the inverse demand function p(Q).

2. Calculate the demand price elasticity.

3. Show that p(Q)/MR(Q) is independent of the output level Q. (Hint: Use the relationship between marginal revenue and the elasticity of demand.)

1. Item 6 of the 10-K report provides comparative financial highlights of RMCF for the years 2012–2016. How would you describe the revenue trend for RMCF over this five-year period?

2. Has RMCF been profitable (see net income) over this five-year period? Support your answer.

Industry and Competitive analysis: Southwest Airlines

History

Competitive analysis, porter five

financial analysis (recent)

Comfort analysis

business strategy

Performance

growth factor

key success analysis

profitability analysis with comparison with rivals; ROE, EPS, Net profit, Revenue

SWOT analysis

Fuel Hedging

Assets

Awards

1-What are the major advantages and disadvantages of each of the four types of auditing careers? internal revenue agent, Certified Public Accountants, internal auditing, government accountability office(GAO

2. What do you think is the best early career choice for the classmate interested in ultimately becoming a certified fraud examiner?

If a manufacture of electronic devices invests $ 650,000 in equipment for making compact piezoelectric accelerometers for general purpose vibration measurement, estimate the rate of return from revenue of $225,000 per year for 10 years and $70,000 in salvage value from the used equipment sale in year 10. Solve by a) Factors and  b) Spreadsheet function

Probability is often used in scenario analysis and risk analysis. For example, the chief financial officer of a company may look at the worst-case scenario, likely scenario, and best-case scenario when it comes to revenue predictions for a new product. How would knowing the probability of each scenario help in planning the company’s budget?

In November and December Year 1, a newly organized magazine publisher received $72,000 for 1,000 three-year subscriptions at $24 per year, starting with the January Year 2 issue. What amount should they report in the Year 1 income statement for subscription revenue if none of the magazines were delivered in Year 1?