Time left 0:16:15 Question 37 Not yet answered Marked out of 2.0 Roehampton Business Society (RBS) is planning to host a socially distance party after the exam period. The executive committee have the following estimates for revenue and expense: Hire of multi purpose hall - 3,800; private security expense - 2,450; Cost of the hiring a local band - 12,500; Professional MC & DJ - 5000; Tickets are priced at 25 each. On arrival, every ticket holder will be given a wrist band, face mask and box of sandwich all valued at 5. If RBS sells 1,500 tickets as they anticipate, what target profit will be generated? P Flag question O a 68,750 Ob 1,500 O c. 37,500 O d. 6,250 Question 38 If non-current assets are 250,000, current assets 70,000, long-term borrowing 50,000 and current liabilities 10,000, what is the value of owner's equity? Not yet answered Marked out of 2.0 P Flag question O a. 270,000 O b. 240,000 O c.120,000 O d. 260,000 Question 39 Not yet answered Marked out of 2.0 A business has a motor vehicle worth 5,000 and equipment worth 10,000. It has 500 cash. The business owes 10,000 to its suppliers and is owed 25,000 from its customers, has a 500 overdraft and has 1,000 outstanding on a loan. How much capital does the business have? w O a 4,000 Ob. 49,000. Oc. 29,000 P Flag question O d. 29,500 Question 40 Operating Profit is found in the Income Statement, Which of the following is NOT included in its calculation? Not yet answered Marked out of 20 P Flag question O a Depreciation Ob. Cost of Goods Sold. Oc. Operating Expenses d. Current Liabilities. D