if you are interested in a career in the hospitality industry, it is important that you enjoy the following:
- working with people
- an upbeat work environment
- traveling
- opportunity for growth and career advancement.
<h3>What are pros and cons of working in hospitality industry?</h3>
Pros -
- Opportunities for Many Benefits, Not a 9-to-5 Job, Diverse Jobs that Travel
- It is dynamic, ever-evolving, and collaborative.
Cons -
- a worldwide industry-wide five-day workweek. Employee happiness leads directly to better service, which will surely have long-term benefits.
- Weekend work is compensated in addition to the regular weekend off.
- using technology more effectively to forecast the requirement for personnel during peak season
- Depending on its practicality, automation at the front desk and in restaurants during peak hours
To learn more about hospitality from given link
brainly.com/question/618712
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Answer: C. Reflects the inability to exclude an Individual from the benefits of someone else's purchase.
Explanation:
The Free-rider problem is a concept in economics that describes the fact that sometimes people benefit from goods and services that they wither did not pay for or underpaid for.
There has been a failure to exclude those individuals who are free-riding from the benefits of goods and services that other people are paying for. A simple example of the free-rider phenomenon is using Wikipedia. Most of those who use it do not contribute or pay for its upkeep in any way yet reap the benefits of its extensive information.
They should sell the info and make that cash cash money
Answer:
Explanation:
1. Jasper Company
Income Statement
Sales (280000 x $12) $3360000
<u>Less: Cost of goods sold</u>
Add: Direct Material $180000
Add: Direct Labor $505000
Add: Manufacturing Overhead <u>$110000</u>
Cost of goods sold <u>($795000)</u>
Gross Profit $ 2565000
<u>Less: Expenses</u>
Selling expense $437000
Administrative expense <u>$854000</u>
Total expenses <u>($1291000)</u>
Net income <u> $1274000</u>
Percentage of sales for each line item
Sales = 100%
Cost of goods sold:
x 100= 23.7%
Selling expense :
x 100 = 13%
Administrative expense:
x 100 = 25.4 %
2. According to the income statement in requirement 1, the manager can control cost by outsourcing the product if it is cheaper to get it from a third party in order to cut/control cost of goods sold.
Manager can also try controlling the administrative expenses as they are taking a bigger proportion than any other cost/ expense.
Answer:
$50,000:$400,000
Explanation:
Based on the information given we were told that the Broker's commissions and other selling expenses was the amount of $50,000 in which They as well made purchased of a new residence in July for the amount of $400,000 which means that the recognized gain will be $50,000 the amount of Broker's commissions and other selling expenses and the adjusted basis of the new residence will be $400,000 which is the cost of purchasing a new residence.