1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Luba_88 [7]
2 years ago
6

Rene is the manager at an event and catering company. He has just received a request for proposal (RFP) for managing the City Ar

ts Festival. The organization that managed the event and all event volunteers in past years has raised its rates considerably and the city can no longer afford to hire them. Rene would like to submit a proposal to manage the City Arts Festival. The proposal will be quite lengthy because the event draws over 200,000 people, spans three days, and has a large budget. Which type of proposal should Rene submit in this situation
Business
1 answer:
Alika [10]2 years ago
4 0

Answer:

The correct answer to the following question will be "Formal proposal".

Explanation:

  • Usually, formal proposals become prepared for bigger projects, here as in the case the expenditure demand is high, there is a huge amount of participants as well as the plan will be extensive, so formal proposals have become an easy option because informal proposals are made for projects too.
  • Grant applications should never be posted here since they are usually sent to a grant seeking agency or entity. That is just not Rene 's goal in this.

You might be interested in
Let x be per capita income in thousands of dollars. Let y be the number of medical doctors per 10,000 residents. Six small citie
MAVERICK [17]

Answer:

The percentage of variation esplained by the model is given by the determination coefficient, on this case:

R^2 = 0.934^2 =0.872

And we have 87.2% of the variation explained by the linear model given.

\hat y = 5.756(8.5) -36.895=12.031

And we have 12.031 doctors per 10000 residents.

Explanation:

Assuming the following dataset:

x                 y

8.6           9.6

9.3           18.5

10.1          20.9

8.0           10.2

8.3           11.4

8.7            13.1

Assuming this question: "The data has a correlation coefficient of r = 0.934. Calculate the regression line for this  data. What percentage ofvariation is explained by the regression line? Predict the number of doctors per 10,000 residents in a town with a per capita income of $8500."

We want a linear model like this:

y = mx +b

Where m represent the slope and b the intercept for the linear model. And we cna find the slope and b with the following formulas:

m = \frac{n \sum xy - \sum x \sum y}{n \sum x^2 -(\sum x)^2}

b = \frac{\sum y}{n} -m \frac{\sum x}{n}

And from the dataset we have the following values:

n= 6, \sum x =53, \sum y = 83.7 , \sum xy = 755.89, \sum x^2 = 471.04

And replacing into the equation for m we got:

m =\frac{6(755.89) - (53)(83.7)}{6(471.04) -(53)^2}=5.756

And the intercept:

b = \frac{83.7}{6}-36.895 5.756 \frac{53}{6}=-36.895

And then the linear model is given by:

\hat y = 5.756 x -36.895

We can find the estimation replacing x = 8.5 into the linear model and we got:

\hat y = 5.756(8.5) -36.895=12.031

And we have 12.031 doctors per 10000 residents.

The percentage of variation esplained by the model is given by the determination coefficient, on this case:

R^2 = 0.934^2 =0.872

And we have 87.2% of the variation explained by the linear model given.

4 0
2 years ago
balance sheet showed total assets of $60 million, total liabilities (including preferred stock) of $45 million, and 1,000,000 sh
Sati [7]

Answer:

The price per share should be $22.5

Explanation:

The price earnings multiple or P/E tells us how much price the investors are willing to pay for $1 earnings of the company.

We first need to calculate the earnings per share of the company.

Earnings per share = Net Income / Number of outstanding common shares

Earnings per share = 1500000 / 1000000  =  $1.5 per share

Using the P/E for the industry, the price per share of Flintstone should be,

P/E = Price per share / Earnings per share

15 = Price per share / 1.5

15 * 1.5 = Price per share

Price per Share = $22.5

6 0
3 years ago
Read 2 more answers
In order to make sure that a creditor of the insured is not paid more than the outstanding loan at time of claim, the policyowne
Harman [31]

So one can make sure that a creditor of the insured isn't paid more than the exquisite mortgage at the time of declaration, the coverage proprietor should: Convertible insurance

A creditor is an entity, a business enterprise, or someone of a felony nature that has provided items, offerings, or a financial loan to a debtor. as soon as a creditor has given a loan, the fee is expected at a later date, generally agreed upon in advance.

A creditor is a man or woman or institution that extends credit to any other celebration to borrow cash normally by way of a mortgage agreement or contract. lenders including banks can repossess collateral like homes and automobiles on secured loans, and take borrowers to the courtroom over unsecured money owed.

For instance, a debtor/creditor relationship is if you take out a mortgage to shop for your house. then you as the property owner are a debtor, while the bank that holds your loan is the creditor. In trendy, if someone or entity has loaned cash then they are a creditor.

Learn more about creditors here:

brainly.com/question/27705637

#SPJ4

7 0
1 year ago
Which of the following is not one of the four basic financial statements?
TEA [102]

Answer:

A revenue statement is not a basic financial statement.

5 0
2 years ago
Which of the following best describes the advantage of living in a suburban area? A. Suburbs give people access to city jobs alo
Fittoniya [83]

Answer:

Suburbs give people access to city jobs along with more living space. ( A )

8 0
2 years ago
Other questions:
  • Building Supplies is considering a merger with Tools and More. Building's total operating costs of producing services are $4 mil
    14·1 answer
  • In favor of raising fuel economy standards.
    7·1 answer
  • Hess Company's inventory records show the following data for the month of September: Units Unit Cost Inventory, September 1 100
    10·1 answer
  • Geometrically, marginal cost at any level of output may be interpreted as the slope of a. A ray to the total cost curve at that
    13·1 answer
  • A U.S. firm opens a factory that produces power tools in Korea.
    7·1 answer
  • Redford is a seller of electric generators. He purchases a large quantity of generators from a manufacturer, Mallon Corp.,by mak
    11·1 answer
  • ABC uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retai
    13·1 answer
  • When used in a speech introduction, telling a story, asking a question, making a startling statement, and arousing curiosity are
    5·1 answer
  • What is square root?
    11·2 answers
  • Assume the following account balances at January 1, 2019, for Bioplast Jewelry, Inc.: Accounts Payable (control account) $ 6,600
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!