The total dollar volume of U.S. travel agencies (including OTAs (online agencies) over the past decade has option (a) i.e, made dramatic growth.
<h3>What is a travel agency?</h3>
A travel agency is a private business or government organization that offers the general public travel and tourism-related services on behalf of lodging or transportation providers in order to offer various travel bundles for each destination. Outside recreation activities, airlines, car rentals, cruise lines, hotels, trains, guidebooks, travel insurance, package tours, insurance, access to VIP airport lounges, public transportation schedules, vehicle rentals, and currency exchange services are all things that travel companies can offer.
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The answer to the blank space is (C) outsourcing.
Outsourcing is defined as a practice of letting other entities provide goods or services that a company needs to execute its operations. Whirpool does this by letting other firms produce the components they need to build their products. Whirpool might chooses to do this because the cost of buying these components from other firms are cheaper than manufacturing them on its own.
$12500000
external equity is needed
<u>Explanation:</u>
The given data:
Production capacity to be maintained : 45%, investment = $20 million, debt level to be maintained = 35%, dividend distributing = 55%, net income = $5 million
<u>INVESTMENT IN PLANT MACHINARY
</u>
= $20000000
<u>NET INCOME OF YEAR 2018</u> = $5000000
<u>RETAINED EARNNING AFTER DIVIDEND
</u>

= $2250000
<u>DEBT FINANCING
</u>

= $5250000
<u>EXTERNAL EQUITY NEEDED
</u>
= TOTAL INVESTMENT - DEBT FINANCING - RETAINED EARNNINGS

= $12500000
Answer:
B) Bondholders have a senior claim on assets and income relative to stockholders.
Explanation:
Bond holder: They are one who owns bonds issued by the company, where companies are not liable to pay a dividend if they fail to generate enough profit. Although preferred stock provides added financial leverage in much the same way as bonds, it differs from bonds in that the issuer can pass a dividend payment without suffering the consequences that result when an interest payment is missed on a bond.
Share holder: They are the ones who own stock in a company. The buyer has an option to choose between common stock and preferred stock. The company take priority in paying a dividend to the common stockholder, however, the preferred stockholder has a voting right in the company.
<h3>Answer choices are:</h3>
- poll workers requiring voters to show a pay stub proving employment
- poll workers asking voters to prove home ownership
- poll workers having voters read aloud before voting to prove they could read
- poll workers creating separate lines for voters based on race
<h3>Correct answer choice is:</h3><h2>3. Poll workers having voters read aloud before voting to prove they could read.</h2>
Explanation:
The 15th Amendment to the Constitution gave African American people the freedom to vote by saying that the "right of residents of the United States to vote shall not be dismissed or digested by the United States or by any state on record of race, appearance, or past state of slavery. During the voting process vote operators having voters read loudly before casting the vote to confirm they could read.