There is 540 peoplein attendance at a high school basketball game. The admission prices are $5 for students, $7 for parents, and $10 for faculty. The total revenue for the game is$3000. There are 9 times as many students present as parents. Use the variable names: s = # of students, p = # of parents and f = # of faculty. Find the number of each group in attendance by writing a system of 3 equations in the three variables and solving the system.

Suppose that the inverse demand function for a​ monopolist's product is: p=7-(Q/20)

Its cost function is: C=10+14Q-4Q^2+(2Q^3/3)

Marginal revenue equals marginal cost when output equals: q=_ units and q=_units (Enter numeric responses using real numbers rounded to three decimal​places.)

What is the profit maximizing output?

Describe the three classifications of taxes, and provide at least one example of each type.  If most taxes are regressive, does it seem that this is intentional or an unintended consequence of trying to design a tax system that achieves the somewhat conflicting goals of both: 1) the production of revenue adequate to meet the expenditures of the government; and, 2) is not so burdensome that it substantially curtails the economic activities tied to the growth that every economy wants and needs?

Divisional Income Statements and Return on Investment Analysis

E.F. Lynch Company is a diversified investment company with three operating divisions organized as investment centers. Condensed data taken from the records of the three divisions for the year ended June 30, 20Y8, are as follows:

The management of E.F. Lynch Company is evaluating each division as a basis for planning a future expansion of operations.

Required:

1. Prepare condensed divisional income statements for the three divisions, assuming that there were no service department charges.

2. Using the DuPont formula for rate of return on investment, compute the profit margin, investment turnover, and rate of return on investment for each division. Round your answers to one decimal place.

3. When faced with limited funds for expansion, management should consider an expansion of the Division first.

Amanda has a yearly advertising and promotions budget of $50,000. Her goal is to maximize the reach (the number of customers that see her company’s ads or other marketing efforts). She is considering a mix of placing ads on art websites and in printed art magazines, as well as using targeted social media ad placements and appearances at art tradeshows. She wants to make sure that the company has an online presence, so would like to see at least 100 ads placed in any combination of websites and social media per year. However, she has data that suggests that if she advertises on the websites more than 60 times per year she will be wasting money. There are seven art tradeshows that the company could attend, but Amanda feels it is mandatory to attend at least the two most popular tradeshows. There are three major art magazines, each published monthly, that Amanda would like to advertise in. She could advertise in each of these once per month but would be comfortable reducing the frequency to a minimum of once every three months in each magazine and rotating the placements between the magazines. The reach and cost of each type of ad placement or event is shown below: Art Websites Social Media Art Tradeshows Print Magazine Ads Reach (number of people) 20,000 10,000 5,000 15,000 Cost (dollars) 200 250 1,000 400 Recommend the appropriate mix of advertising and promotions for the company. Also comment on what would change if Amanda doubled her advertising and promotions budget. Estimate the increased reach.

A foundation of operations in both manufacturing and service environments is vital in order to drive inefficiencies and examine ways to achieve greater supply chain integration with suppliers and customers. In this assignment, you will compare one manufacturing and one service driven company through creating visual representations of how the product or service is created and delivered, accompanied by a written summary. Select two companies of interest, one manufacturing company (e.g., a shoe company) and one service company (e.g., a technical support company). Provide a brief summary of each company including compelling evidence illustrating the company is either a manufacturing or a service company. Avoid selecting a company that could be arguably both. Manufacturing Research the manufacturing process for the selected company. Create a manufacturing process map. Explain the elements of infrastructure for the manufacturing company using flow charts and be sure to provide a key. Cite three to five sources to support your process map. Service Research the service process for the selected company. Create a service process map. Explain the elements of infrastructure for the service company using flow charts and be sure to provide a key. Cite three to five sources to support your process map. Summary Provide a 750-word summary describing the differences and similarities between manufacturing and service environments. For each company, identify if customer-introduced variability is available. If not, how would you implement flexibility for customer-introduced variability?

Please no Elkay examples and can you make the flow chart bigger.

One of the most difficult matters to determine is where to draw the line between free enterprise and government intervention. Businesses tend to thrive on less regulation, but unregulated businesses also tend to cause harm to customers, investors, the environment, etc. Think of a business that is regulated and try to determine why types of regulations affect the business. Then, make a determination if the regulations are too much, too little, or just right. Be sure to make your discussion 250 words or more.  

Three different companies each purchased trucks on January 1, 2018, for $76,000. Each truck was expected to last four years or 250,000 miles. Salvage value was estimated to be $6,000. All three trucks were driven 81,000 miles in 2018, 55,000 miles in 2019, 46,000 miles in 2020, and 71,000 miles in 2021. Each of the three companies earned $65,000 of cash revenue during each of the four years. Company A uses straight-line depreciation, company B uses double-declining-balance depreciation, and company C uses units-of-production depreciation. Answer each of the following questions. Ignore the effects of income taxes. b-1. Calculate the net income for 2021? (Round "Per Unit Cost" to 3 decimal places.)

StoneWorks is a company that sells tile. It has three profit centers: ceramic, stone and granite. Below is financial information for the three centers for the year.

                                                                           Ceramic               Stone            Granite

Revenue                                                           $100,000         $125,000         $150,000

Variable costs as a percentage of sales                     40%                 60%                 64%

Fixed costs:                                                                                                                    

Costs unique to the profit center                           30,000             45,000             64,000

Costs allocated by the retail store                           6,000               7,000               8,000

Which ONE of the following statements is TRUE?

ABC Company sells three products. Income statements for the three products
for the most recent year appear below:

                                   Product A       Product B       Product C
Sales revenue  ................     $120,000        $180,000       $145,000
Costs:
     Variable costs ...........       78,000          54,000         87,000
     Advertising ..............       12,000           7,000          8,000
     Rent .....................       10,000          10,000         10,000
     Supervisor's salary ......       25,000          35,000         30,000
     Property taxes ...........       10,000           6,000          2,000
Net income/loss ...............      <15,000>         68,000          8,000

The rent is allocated to the three products equally and the property taxes
are allocated based on the square footage each product uses in the factory.

The president of the company is considering eliminating Product A.  If ABC
Company eliminates Product A, sales of Product B are expected to increase
by $10,000.

Calculate the increase in company profits if Product A is dropped.