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3 years ago

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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To finance some manufacturing tools it needs for the next 3 years, waldrop corporation is considering a leasing arrangement. the

KATRIN_1 [288]

"The answer is $106".

After tax cost of debt 6%
Dep per year 1600
Tax sav from dep 640
cost of owning 0 1
interest -480
tax saving 192
maintence -240
maintenece saving 96
Depn tax saving 640
loan repay
net cash cost 208
PV cost of owning (6%) -3474
cost of leasing
lease payment -2100
Tax savings from lease 840
net cash cost -1260
PV cost lease 6% -3368
PV cost own - Pv cost lease 106

3 0

3 years ago

Project Rastarum is expected to generate $12,400 each year for the next 5 years, using, costing blizzent co. $40,000 today. if t

raketka [301]

Answer:

Reject,

Explanation:

When calculating the IRR, I got 16.6%, which is less than the wacc. This means that the rate of return is lower than what it costs 18% wacc.

I think the answer should be reject, less.

3 0

3 years ago

Compute and interpret the contribution margin ratio using the following data: sales, $5,000; total variable cost, $3,000.Interpr

Dmitriy789 [7]

Answer:

0.4 or 40%

Explanation:

The formula for Contribution Margin Ratio is:

[TS - TVC] / TS

Where TS = Total Sales

TVC = Total Variable Cost

Applying the formula,

[5,000 - 3,000] / 5,000 = 2000/5000 = 0.4

Turning this value to a percentage, 0.4 × 100 = 40%

The interpretation of this is that for every item sold, 40% of the sales price is available to cover fixed costs.

Remember: The addition of fixed cost to variable cost = total cost

7 0

3 years ago

Which of the accounts are decreased on the debit side and increased on the credit side?

Allushta [10]

Answer: D. Liabilities, stockholders' equity, and revenues.

Explanation: In case of liabilities and equity increase by credit because they are the funds with which the company has to finance the assets according to the balance sheet. Example: Accounts payable suppliers, share capital of shareholders.

Revenues correspond to the income statement and also increase in credit. Example: Revenue from sales, income from commissions.

7 0

3 years ago

A reserve account is set up for a 48-unit apartment building for periodic replacement of these components: Interior paint for ea

Snowcat [4.5K]

Answer:

$68,400

Explanation:

For the entire building, computed below is the annual reserve for each cost element.

Interior paint for each apartment unit every 3 years = $1,500

Interior paint for each apartment per year = $1,500/3 = $500

Interior paint for all 48 units per year = 48 * 500 = $24,000

Resurface of building roof every 15 years = $18,000

Annually, resurface of building roof = $18,000/15 = $1,200

Interior carpet for each apartment every 5 years = $4,000

Interior carpet for each apartment per year = $4,000/5 = $800

Interior carpet for the all 48 units per year = 48 * 800 = $38,400

Refrigerator/disposal in each apartment every 12 years = $1,200

Refrigerator in each apartment per year = $1,200/12 = $100

Refrigerator for all 48 units per year = 48 * 100 = $4,800

Therefore, the annual reserve required for the entire building

= 24,000 + 1,200 + 38,400 + 4,800

= $68,400.

7 0

3 years ago