Students are organizing a "Battle of the Bands" contest. They know that at least 100 people will attend. The rental fee for the hall is $150 and the winning band will receive $500. In order to guarantee that they break even,

how much should they charge for each ticket?


Answer: $6.50

Business

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Competitive advertising may impair the effectiveness of the message due to the fact that it may:

A) not reach the intended recipient. B) reach the intended recipient but is misunderstood. C) reach the intended recipient and is understood, but the recipient may fail to take action. D) get distorted by noise. E) only be in one language.

Business

Selected data from the accounting records of Webb Company are listed below: General & administrative expenses $2,200 Operating revenues $6,000 Selling expenses 1,800 Income taxes 600 Other revenues (expenses) 800 Dividends paid 1,200 Read the information about Webb Company. What is Webb's income from operations?

a. $ 1,600 b. $ 2,000 c. $ 2,200 d. $ 2,800

Business

What are the four financial statements that all public companies must produce?

What will be an ideal response?

Business

Fax on demand enables an outside party to call an organization and then request information

Indicate whether the statement is true or false.

Business