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3 years ago

What are the six segments of the travel industry? Give examples of each.

2 answers:

4 0

There are actually 8 and here the are:

Mobile
Social Media
Online
Airlines
Hospitality
Corporate Travel
Leisure Travel
Government Travel

ipn [44]3 years ago

3 0

Answer:

The Six Segments of the travel industry are such as Mobile, Social Media, Online, Airlines, Hospitality, and Corporate Travel.

Explanation:

The Travel industry is in the business of moving people from one place to another place. Cabs, Buses, boats, planes, and passenger trains are all parts of the Travel industry.
In the travel and tourism business, especially in the hospitality sector with a high level of interaction between the tourist and the hospitality industry is a very important segment.

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Which statement best describes the rationale behind giving large amounts of financial aid to areas like Europe and later Latin A

notka56 [123]

Answer: A) The United States felt if Europe was financially stable then communism would be less likely to spread.

Explanation: One of the major goal of the United States in giving financial aids to Europe and Latin America was to assist in rebuilding the war-torn regions, remove trade barriers, modernize industry, improve European prosperity, and prevent the spread of Communism. This was known as the European Recovery Plan in 1948 which was to send foreign aid to Western Europe. During this period, the United States transferred over $12 billion dollars in economic recovery programs to Western European economies after the end of World War II.

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2 years ago

Wilton Corporation had beginning retained earnings of $724,000 and ending retained earnings of $833,000. During the year, it iss

ryzh [129]

Answer:

Explanation:

The ending retained earnings = beginning retained earnings + net income - Dividends Paid

Net income = ending retained earnings - beginning retained earnings + Dividends Paid

= $833,000 - $724,000 + $50,000

= $159000.

Therefore, the net income for the year is $159000.

7 0

3 years ago

3. Name two different market structures. Describe how and why they each have a different competitive situation.

xz_007 [3.2K]

Market structure is defined with characteristics of the market and there are four different market structures: perfect competition, oligopoly, monopoly and contestable market.
<span>Perfect competition is a market structure in which there is a large number of small firms who produce identical goods otherwise known as homogenous goods and it has a lot of buyers. The competition between these firms is huge, because they are many firms and each of them wants to attract more buyers.</span>
Oligopoly is a market structure in which there is a small amount of large firms, for example the supermarket industry. There are not so many buyers as in the perfect competition, but buyers can still choose from which supermarket, for example, they will buy. So there is a competition between the firms.

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3 years ago

A disadvantage of the free cash flow valuation method is A. The free cash flow method is not used widely in practice. B. The ter

SSSSS [86.1K]

The main disadvantage of the valuation method is that the terminal value tends to dominate the total value in many cases.

In a free cash flow valuation, the intrinsic value equals present value of its free cash flow and thus, the net cash flow is left over for distribution to stockholders and debt-holders in each period.

So, the disadvantage of the free cash flow valuation method is that the terminal value tends to dominate the total value in many cases.

Hence, the Option B is correct.

Read more about this here

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7 0

2 years ago

On January 15, the end of the first biweekly pay period of the year, North Company’s payroll register showed that its employees

mojhsa [17]

Answer:

Cr. FICA- Social security taxes payable: 2,480

Cr. FICA- Medicare taxes payable: 508

Cr. fed. inc. taxes payable: 2,000

Cr. Employment medical insurance payable: 1,108

Cr. Employee union dues payable: 240

Cr. Salaries Payable: 33,664

Explanation:

Journal entry

Dr. Sales salaries expense: 40,000

Cr. FICA- Social security taxes payable: (40,000×6.2%) 2,480

Cr. FICA- Medicare taxes payable: (40,000×1.45%) 508

Cr. fed. inc. taxes payable: 2,000

Cr. Employment medical insurance payable: 1,108

Cr. Employee union dues payable: 240

Cr. Salaries Payable: 33,664

Salaries Payable

2,480+508+2,000+1,108+240=6,336

40,000-6,336= 33,664

4 0

3 years ago