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g100num [7]
3 years ago
8

What does the hospitality industry contribute to an economy?

Business
1 answer:
inn [45]3 years ago
4 0

Answer:

The hospitality industry helps to bring about unemployment reduction, income increase and higher living standards, and economic stability.

Hope this helps :)

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A disclosed principal is a principal whose identity is known by a third party with whom an agent contracts on the principal's be
Sedaia [141]

Answer: The correct answer is true.

Explanation: A disclosed principal is a principal whose identity is known by a third party with whom an agent contracts on the principals behalf, making this statement true.

7 0
3 years ago
Galvin has deposited $879 in a savings account that earns interest at a rate of 1.8% compounded quarterly.what will the account
Tju [1.3M]

$1,130.28

Formula is A = P (1 + [r/n])^(nt)

A= 879 (1+ [.018/4])^(4*14)

A= 879 (1.0045)^56

A= $1,130.28

A = future total amount

P = principle (amount initially deposited)

r = the annual interest rate (decimal)

n = times that interest is compounded per year  (quarterly is 4 times per year)

t = number of years

3 0
3 years ago
The table shows the predicted cost of attending an in-state four-year public college 4 years from now. Category Predicted Annual
astraxan [27]
<span>To find the cost of going to this college in four years, sum all the values given (9350 + 8630 + 1650 + 2140 + 1110), which gives $22,880 for attending. Subtracting 4500 for grants and 8630 for not having to live on-campus gives a value of $9750 required. Dividing this value by 48 months (the time left before he begins attending) gives an approximate value of $203.13 needed to be saved per month without any interest being added. To make sure that Caleb has enough if the $3.13 per month isn't made up by interest down the line, $300 should be saved each month.</span>
7 0
3 years ago
Read 2 more answers
It usually takes less time to buy a six-pack of Pepsi, a loaf of bread, and a bag of potato chips at a small convenience store (
Marrrta [24]

Answer:

a person who works at a full-service grocery store

8 0
2 years ago
Suppose you know a company's stock currently sells for $90 per share and the required return on the stock is 8 percent. You also
maks197457 [2]

Answer: $3.46

Explanation:

Given the following :

Current share price (P0) = $90 per share

Required return on stock= 8%

total return on the stock is evenly divided between a capital gains yield and a dividend yield ;

Therefore, Required return on stock= 8% ;

4% capital gain yield + 4% Dividend yield = 8%

Growth rate = 4% = 4/ 100 = 0.04

D1 = D0(1 + g)

D1 = value of next year's Dividend

D0 = current Dividend yield

g = Constant growth rate

D1 = current stock price * g

D1 = 90 * 0.04 = 3.6

D1 = D0(1 + g)

D0 = D1 / (1+g)

D0 = 3.6 / (1+ 0.04)

D0 = 3.6 / 1.04

D0 = $3.46

8 0
3 years ago
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