The relationship between the hospitality industry and tourism is that hospitality industry supplies the services needed for tourism.
What is Tourism?This is defined as the movement of people to different countries or place which is usually from their usual environment for various purposes such as for relaxation and fun.
Hospitality industries include hotels, restaurant etc which provide the services needed for tourism and ensures the visitors are well taken care of during their stay in their chosen location through the provision of various types of services which are best suited to the individuals thereby making it the correct choice of relationship between them.
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his decision will depend on whether or not Howie needs immediate money and the rate of inflation. Assuming there is no inflation, as the issue did not mention it, and Howie prefers the decision that yields the greatest financial reward, simply calculate and lower the tax in each situation, and then compare them.
Scenario 1: Total receipt upon ticket delivery with 46% deduction
46% = 46 \ 100 = 0.46
To find the value to be deducted, let's multiply the total by 0.46
500,000 * 0.46 = $ 230,000
That way Howie would get $ 500,000- $ 230000 = $ 270,000
Scenario 2: 25 installments of $ 36,000 with 25% deduction
The gross total will be 25x $ 36,000 = $ 900,000
Now it is enough to decrease 25% of the total amount, to find the amount of the tax.
25% = 25 \ 100 = 0.25
$ 900,000 * 0.25 = $ 225,000
Finally, simply decrease the amount received by the tax amount:
$ 900,000- $ 225,000 = $ 675,000
Therefore, Howie would be better off if he opted for the installment payment.
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At which stage would you conduct a SWOT analyses to understand the market and the strength of your product? A. screening and evaluation stage B. ide…ation stage C. new product development stage D. commercialization stage
Please help
_________ are industry-specific factors that separate one strategic group from another.
Answer: Mobility Barriers
Explanation:
Mobility Barriers are industry-specific factors that separate one strategic group from another.
Which of the following would not be considered as an example of industrialization
a. Replacement of human with mechanical skills
b . Improved economic organization
c . Improved extraction and working of raw materials
d. Increase in literacy
Explain this statement:
governments should use fiscal policies to keep the economy moving, even if a little hobbled.
The use of taxation and expenditure by the government to affect the economy is known as fiscal policy. Fiscal policy is often used by governments to encourage robust, long-term growth and to lower poverty.
When the economy is weak, fiscal policy can help maintain private sector incomes and aggregate demand. When the economy is strong, fiscal policy can help moderate economic activity. The so-called "automatic fiscal stabilisers" are a key stabilizing component of fiscal policy.
Economic growth can be significantly influenced by fiscal policy. Countercyclical fiscal expansion can aid in sustaining aggregate demand and GDP in the short run during cyclical downturns.
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Empirical findings on gender differences in negotiations may reinforce which of the following actions?
Gender differences in negotiations reinforce the following actions: women behave more cooperatively, men get higher outcomes and differences are small and situational influences loom larger.
More about negotiations:
The study of gender in negotiation had minimal bearing on the study of gender in organisations, despite the fact that negotiation is a process that increases, maintains, and decreases gender difference in organisations.
Since the 1990s, when feminist theory was first applied to negotiation, gender inequalities have sparked new research interests in the study of bargaining.
Kolb and Putnam (1997) assert that negotiation is a gendered activity, however Gray (1994) believes that negotiation is more centred on autonomous people who pursue instrumental goals.
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once you chose your traget market what is next step
Once you chose your target market the next step is to formulate a strategy for getting the people in that segment to patronize you. This thought process is called Market Analysis and Strategy.
What is Market Analysis and Strategy?This refers to the process of:
Studying the marketClassifying them into various demographics and psychographicsIdentifying the market that have a need for your services (target market)Positioning ones business to attract the consumers in that target segment.One step that can be taken to attract customers in the target market is advertising.
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Paul consumes only books and DVDs. At his current consumption bundle, his marginal utility from DVDs is 20 and from books is 2.Each DVD costs $6 , and each book costs $1 Is he maximizing his utility? Explain
Yes we can conclude that Paul is maximizing his utility.
How to solve for the utilitymarginal utility of good b = MUb
price of good b = Pb
marginal utility of good d = MUd
price of good d = Pd
MUb / Pb = 20/6 = 3.33
MUd / Pd = 2/ 1 = 2
(MUb / Pb) > (MUd / Pd)
This is given that 3.33 is greater that 2.
Hence we have to say that he is maximizing his utility given that 3.33 is greater than 2.
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You earn $1800 working at a summer job. You decide to put it into an account and leave it there for four years while you are in college. The principal will earn 2.25% simple interest. How much will you have in your account at the end of three years?
Answer:
1962
Explanation:
the formula is
A=p(1+rt)
A=1,800×(1+0.0225×4)
A=1962
What describes the relationship between edge computing and Cloud computing
The relationship between edge computing and Cloud computing is that Cloud computing originally began as an extension of edge computing.
The two forms of computing processes in today's era are edge computing and cloud computing. They have mostly supplanted one another due to mutually beneficial aspects. While it is not a crucial element for cloud computing, the time factor is a strength of edge computing.
The main component's edge should house edge computing, and the network's core should house cloud computing.
In typically remote locations, edge computing is used. The ideal solution for these problems is it makes the best out of them.
It can be claimed that cloud computing is an evolution of edge computing because edge computing was the foundation for it.
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What actions could a company take to reduce its working capital funding gap? Review Later Pay suppliers more quickly Tighten customer credit terms Allow customers to delay payments Increase inventory levels
The action Company should take to reduce its working capital funding gap by Increasing inventory levels.
Working capital is the cash used daily cover all of a corporation's short-time period prices, that are due inside one year. working capital is the distinction between a business enterprise's contemporary assets and modern-day liabilities. operating capital is used every day buy inventory, pay brief-term debt and costs.
Operating capital is calculated by way of subtracting modern-day liabilities from current assets, as listed on the organisation's stability sheet. contemporary belongings encompass cash, accounts receivable and inventory. current liabilities consist of debts payable, taxes, wages and interest owed.
Company in accounting, the running capital total is typically derived from the figures for modern-day property and present day liabilities recorded on the balance sheet.
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17. Real is your boss and the treasurer of Free Cash Flow (FCF). She asked you to help her estimate the intrinsic value of the company's stock. FCF just paid a dividend of GHS 1.00, and the stock now sells for GHS 15.00 per share. Real asked a number of security analysts what they believe FCF's future dividends will be, based on their analysis of the company. The consensus is that the dividend will be increased by 10% during Years 1 to 3, and it will be increased at a rate of 5% per year in Year 4 and thereafter. Real asked you to use that information to estimate the required rate of return on the stock
The required rate of return is 12.97%
What is the required rate of return?
The required rate of return is the rate of return that investors expect from the stock based on its current price GHS 15.00 per share and its forecast dividends.
The stock price is the present value of future dividends discounted at the required rate of return, the unknown
The dividends for the next 3 years would grow at the rate of 10%
Year 1 dividend=1.00*(1+10%)
Year 1 dividend=1.10
Year 2 dividend=1.10*(1+10%)
Year 2 dividend=1.21
Year 3 dividend=1.21*(1+10%)
Year 3 dividend=1.331
Dividend in year 4 and thereafter(forever, that the terminal value) would grow at the rate of 5%
Year 4 dividend=1.331*(1+5%)
Year 4 dividend=1.39755
Terminal value=Year 4 dividend*(1+g)/(r-g)
g=terminal growth rate=5%
r=unknown return
terminal value=1.39755*(1+5%)/(r-g)
share price=1.10/(1+r)^1+1.21/(1+r)^2+1.331/(1+r)^3+1.39755/(1+r)^4+1.39755*(1+5%)/(r-g)/(1+r)^4
we need the value of r such that share price 15.00
Using a trial and error approach, I got 12.97%
share price=1.10/(1+12.97%)^1+1.21/(1+12.97%)^2+1.331/(1+12.97%)^3+1.39755/(1+12.97%)^4+1.39755*(1+5%)/(r-12.97%)/(1+12.97%)^4
share price=15.01
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For retirement planning purposes, financial advisors often suggest that retirees have an income source that provides about _____________ percent of their wages when they were working.
For retirement planning purposes, financial advisors often suggest that retirees have an income source that provides about 70 percent of their wages when they were working.
What is retirement planning?Retirement planning can be defined as the way of planning ahead of your retirement by either saving or investing so as to have something to fall back to after retirement.
Hence, financial advisors often say that retirees must have a source of source that will provides about 70 percent of their wages when they were working so as to live at a comfortable level after retirement.
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Does audit service needed in Auchi polytechnic student union government of yes why
Yes audit service is needed in the Union government of this school called Auchi polytechnic.
What is audit?This is the term that is used to refer to the official inspection that is done into the accounts of an organization of which this Union can be grouped under.
It helps to verify and also check the financial information of the entity. The reason why the audit is needed is because it would help to expose issues that may have to do with misappropriation of funds by the union.
It would also helps to tell the school if the financial report that the union makes is the same as the financial reflection of the Union at a particular point in time.
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Amazon is the dominant firm in the online shopping service industry, which has a total market demand given by Q = 100 – 2 P. Amazon has competition from a fringe of four small firms that produce where their individual marginal costs equal the market price. The fringe firms each have total costs given by TCi = 10 Qi + Q i 2. If Amazon’s total costs are given by TCA = 10 + 10 QA, , how much does the industry as a whole produce at this price?
The price that Amazon has to establish for their online shopping should be $20.
The Excel financial functions section includes the Price Function. It will determine the cost of a bond with a $100 face value that accrues interest on a recurring basis. The PRICE function in financial analysis can be helpful when we want to borrow money by selling bonds rather than stocks.
We have the price function as
P = 10 + 2Qi
Make Qi subject
= Qi = 0.5P - 5
4 firms with identical features
This would give us
Qs = 4Qi
Qs = 4(0.5P -5)
Qs = 2p - 20
Q = 100 - 2p
Qa = Q - Qs
(100 - 2P) - (2P -20)
Take like terms
100 - 2p - 2p + 20
100 - 4p + 20
Qa = 120 - 4p
Make p subject
p = 120 - Qa / 4
p = 30 - 0.25Qa
TRa = p*Qa
= (30 - 0.25Qa)Qa
= 30Qa - 0.25Qa²
MRa
= 30 - 0.5Qa
TCA = 10 + 10QA
= ΔTCA / ΔQA
= 10
30 - 0.5QA = 10
Take like terms
30 - 10 = 0.5Qa
divide through by 0.5
20/0.5 = Qa
40 = Qa
Output produced = 40.
We have P as
30 - 0.25QA
P = 30 - 0.25( *40)
= 20
Hence the price that Amazon has to establish for online shopping should be $20
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While on a call with an emotional customer, the credit card they provide to purchase your service is declined by your system. They become even more agitated and swear it has the necessary funds. What would you do?
1. Advise the customer of the declined card and suggest they call back when they get things figured out so you can help them right away.
2. Advise the customer of the declined card and apologize for the issue then ask if they have another card or a family member that can assist with the payment.
3. Explain to the customer that their card was declined and ask them if they'd like you to try again using different card.
When the credit card provided by the customer gets decline then advise the customer of the declined card and apologize for the issue then ask if they have another card or a family member that can assist with the payment.
In many instances the purchaser could be as mystified by the decline credit cards.The perfect element to do in the ones conditions is to really request a different form of payment through another credit card, an debit from the consumer's financial institution account, a test, or even cash.The upper threshold of costs you could placed on the cardboard. it is your bank's way of announcing you can not borrow any extra cash until you are making a fee.
It is essential to remember that a decline reaction means the card company is unable or unwilling to offer an authorization on the cardholder's account. It does no longer mean that there has been an blunders running the transaction. Card issuers decline transactions for plenty exclusive motives
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