Which market segment should a no-frills hotel target?

.If you employer gives you a raise that is equal to the inflation rate, then your real salary will have increased T/F

AysviL [449]

I would say the answer is True

7 0

4 years ago

If the monthly income of the IBM employees follows a SYMMETRICAL NORMAL distribution, with a median of $5000 and a standard devi

AURORKA [14]

Answer: mean monthly income = $5000

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Explanation

In any normal distribution, the median and mean are the same value.

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The proof is as follows:

If mean > median was the case, then the distribution would be skewed to the right (ie positively skewed). The right tail is pulled longer than the left tail. But this would contradict the symmetrical nature of the normal distribution. So mean > median must not be the case.

If mean < median, then the distribution would be skewed to the left (negatively skewed). Visually this pulls the left tail longer than the right tail. Like in the previous paragraph, this contradicts the symmetrical nature of the normal distribution. So mean < median must not be the case.

Since mean > median cannot be true, and neither can mean < median, this must indicate mean = median.

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So in short, any symmetrical distribution always has mean = median and they are at the very center of the distribution.

4 0

3 years ago

Sells Company accounts for its investment in OFO, Inc. under the available-for-sale method. How should Sells Company record a ca

ohaa [14]

Answer:

the journal entry should be:

Dr Cash X

Cr Dividend revenue X

When a company holds securities as an investment and classifies them as available for sale (AFS), any dividends received will be recorded as revenue.

Dividend revenue is reported in the income statement.

7 0

3 years ago

On July 1, 20x1, Fox Co. purchased as a held-to-maturity investment $5,000,000 of Owl, Inc.'s 8% bonds for $4,580,000, including

Dimas [21]

Answer:

The amount fox should report on Dec 31,20x1 = $4,556,500

Explanation:

The carrying amount of bonds = $4,580,000 - $50,000

The carrying amount of bonds = $4,530,000

Amortization of discount from july 1 to dec 31 (6 months):

Interest Revenue = $4,530,000* 10% * 6/12

Interest Revenue= $226500

Interest Receivable = $5,000,000 * 8% * 6/12

Interest Receivable = $200000

Discount amortized =Interest Revenue - Interest Receivable

Discount amortized = $226500 - $200000

Discount amortized = $26500

So:

The amount fox should report on Dec 31,20x1 = $4,530,000 + $26500

The amount fox should report on Dec 31,20x1 = $4,556,500

4 0

3 years ago

A computer chip manufacturing giant decides to outsource its operations to a new geographical location with cheaper labor amidst

ivolga24 [154]

The best strategy would be to cancel the job cuts till the time the market situation and the entry operations stabilize.

Answer: Option E

<u>Explanation:</u>

The decision of outsourcing the operations taken by the businesses is done to ease out the work and give it outside the company because they themselves can not work upon it. But if this leads to criticisms, then it should be stopped.

The best strategy that the computer company should have is to cancel the job cuts to get the positive reactions back. The company should not go to labor of other areas cutting jobs of its own labor because this will harm it's image in the market and affect the productivity.

6 0

3 years ago