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Business, 21.05.2020 05:58 abbypark0804

The date is January 1, 2021 and Party Town (PT) has just won the bidding process to host a party on March 30, 2021. PT is charging their guests an admission fee of $100 per person. PT has rented a banquet hall for $900 that will accommodate up to 100 people. PT has contracted with Cathy’s Catering to cater the party for $10 per person that attends (up to 100). PT estimates that they will have $5 of depreciation expense from January 1, 2021 through March 31, 2021. Do not round the units (people) to the nearest person. Round to two decimals.

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The date is January 1, 2021 and Party Town (PT) has just won the bidding process to host a party on...
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