The hartford symphony guild is planning its annual dinner-dance. the dinner-dance committee has assembled the following expected costs for the event: dinner (per person) $14 favors and program (per person) $7 band $1,800 rental of ballroom $1,100 professional entertainment during intermission $2,000 tickets and advertising $700 the committee members would like to charge $49 per person for the evening’s activities. required: 1. compute the break-even point for the dinner-dance (in terms of the number of persons who must attend).

What does the phrase limited liability mean in a corporate context?

Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is: