You live in a town with 300 adults and 200 children, and you are thinking about putting on a play to entertain your neighbors and make some money. a play has a fixed cost of $1,000, but selling an extra ticket has zero marginal cost. here are the demand schedules for your two types of customers: price adults children (dollars) (tickets) (tickets) 10 0 0 9 50 0 8 100 0 7 150 0 6 200 0 5 250 504 300 100 3 300 150 2 300 200 1 300 200 0 300 200to maximize profit, you would charge for an adutl’s ticket and for a child’s tikcet. total profit in this case would be

Owning a word is a characteristic of a powerful a. productb. servicec. organization d. brand

Eliminating entries (including goodwill impairment) and worksheets for various years on january 1, 2013, porter company purchased an 80% interest in the capital stock of salem company for$850,000. at that time, salem company had capital stock of $550,000 and retained earnings of $80,000.differences between the fair value and the book value of the identifiable assets of salem company were asfollows: fair value in excess of book valueequipment$130,000land65,000inventory40,000the book values of all other assets and liabilities of salem company were equal to their fair values onjanuary 1, 2013. the equipment had a remaining life of five years on january 1, 2013. the inventory was sold in2013.salem company’s net income and dividends declared in 2013 and 2014 were as follows: year 2013 net income of $100,000; dividends declared of $25,000year 2014 net income of $110,000; dividends declared of $35,000required: a.prepare a computation and allocation schedule for the difference between book value of equity acquired andthe value implied by the purchase price.b.present the eliminating/adjusting entries needed on the consolidated worksheet for the year endeddecember 31, 2013. (it is not necessary to prepare the worksheet.)lo6lo1

Allie and sarah decided that they want to purchase renters insurance for the apartment they share. they made a list of all of the items to be covered by the insurance policy, along with their estimated values. if the items to be covered total more than $3000, the insurance company charges an annual premium of 23% of the total value of the items. if the items to be covered total $3000 or less, the insurance company charges an annual premium of 20% of the total value of the items.