Answer:
2041 shares 
Explanation:
Maximum amount for investment = $ 50 000 / 70 % = $ 71428.571
maximum number of shares =  $ 71428.571 / $ 35 = 2040.812 approx 2041 shares 
 
        
             
        
        
        
31/12/2013 bad debts expense 
800$
                                      Provision
for bad debt expense    800$
                      
Provision for bad debt    60$
                                                                Debter   60$
                       
Provision for bad debt   75$
                                                         
Debter   75$
                        Provision for bad debt  45$
                                                          
Bad debt recovery income 45$
                       
Provision for bad debt   100$
                                                       
Debter  100$
                                Provision
for bad debt  25$
                                                                Bad
debt recovery income  25$
 
        
                    
             
        
        
        
Answer:
The hospitality industry helps to bring about unemployment reduction, income increase and higher living standards, and economic stability.
Hope this helps :)
 
        
             
        
        
        
Answer:
This firm's <u>Shut down price</u>, That is, the price below which it is optimal for the firm to shut down is <u>$40</u>.
Explanation:
Shut down point is the point at which a firm or business is not able to gain any profit or benefit from the operations. Firm try to stay in the market until they reach the shut down point in business. It is a point where a business revenue just covers the variable expenses.