Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. imagine that the walt disney company incurs $9,000

Imagine that the Walt Disney Company incurs $9,000,000,000 of fixed costs to operate its theme...

60.1K

Verified Solution

Question

Accounting

Imagine that the Walt Disney Company incurs $9,000,000,000 of fixed costs to operate its theme parks. Also assume that the average ticket price is $94 and that the marginal cost of each additional park guest is $7. Assume they have no other costs or revenues.

Walt Disney hasan effective tax rate of 32%.How many tickets must they sell to makean after-tax profit of $3,000,000,000?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

You have three genes on the same chromosome - A, B and C. Each gene has...

Mechanical Engineering
1.2K views

One kg of Methance (CH4) is burned with 200% theoretical air. What is the air fuel...

Geometry
1.2K views

Determine if the scenario involves mutually exclusive events A bag contains six yellow jerseys numbered...

Basic Math
1.2K views

This question 1 point s possible OA 200 B 30 O C 1 070 O...

Statistics
1.2K views

A researcher claims that the proportion of people over 65 years of age in a...

Calculus
1.2K views

3 Suppose that 3 f x 5 for all values of x Show that 18...

Accounting
1.2K views

Question 18 (2 points) An internal audit professor has numerous objectives...

Accounting
1.2K views

How would the mentorship be mutually beneficial?more like why is mentorship important in nowdays

Accounting
1.2K views

plzzz solve all the Requirements! ...

Accounting
1.2K views

Federal Semiconductors issued 12% bonds, dated January 1 , with a face amount of $890...

Accounting
1.2K views

In the year 2019, the Jordan Commercial Bank has a deposit with the Housing Bank...

Finance
1.2K views

In preparation for developing its statement of cash flows for the year ended December 31,...