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3 years ago

How does tourism benefit the economy

1 answer:

4 0

Tourists pay money for expenses such as transportation, food, and housing soon, more tourists will come and repeat the expense process. Another reason is job opportunities. More jobs are offered that are directed at tourists such as a tour guide, hotel staff, and restaurant workers.

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Which would you trade on a stock exchange? A.)shares B.)bonds C.)annuities

BaLLatris [955]

Shares are traded on a stock exchange

8 0

3 years ago

Neutrino Industries stock trades at $49 per share and there are 120 million shares outstanding. The management would like to rai

Gelneren [198K]

Answer:

Neutrino Industries must sell 8.68 million shares to raise $400 million.

Explanation:

To calculate this, let B represents the number of shares Neutrino Industries must sell. Therefore, we have:

Gross proceeds = $49 * B, or $49B

Underwriter charges = 6% * $49B = $2.94B

To raise $400 million, we deduct the underwriter charges from gross proceeds and solve for B as follows:

$49B – $2.94B = $400,000,000

$46.06B = 400,000,000

B = 400,000,000 / 46.06

B = 8,684,324.79 shares, or 8.68 million shares.

Therefore, Neutrino Industries must sell 8.68 million shares to raise $400 million.

4 0

3 years ago

Hunter & Sons sells a single model of meat smoker for use in the home. The smokers have the following price and cost charact

Yuri [45]

Answer:

a. 7,900

b. 10,100

Explanation:

As for the provided information,

We know at break even point taxes shall be = 0 as there are no profits and no losses.

a. At break even: = $\frac{Fixed\ Cost}{Contribution}$

Fixed Cost = $308,100

Contribution per unit = Selling price - Variable cost = $79 - $40 = $39

Therefore, break even units = $\frac{308,100}{39} = 7,900 smokers$

b. In case the company wants a profit of $51,480 after tax @ 40% then,

Earnings before taxes = $\frac{51,480}{1 - 0.4}$ = $85,800

Therefore, number of units = $\frac{Fixed\ Cost + Profit\ before\ tax}{Contribution\ per\ unit}$

= $\frac{308,100 + 85,800}{39}$ = 10,100

5 0

2 years ago

In which of the following scenarios will you be entitled to pay the least amount of money out-of-pocket for a medical expense?

solong [7]

You have no insurance.

7 0

2 years ago

The master budget at Western Company last period called for sales of 225,000 units at $9 each. The costs were estimated to be $3

Vadim26 [7]

Answer:

Sales volume variance $26,250 Favorable

Explanation:

The sales volume variance is calculated as the difference between the budgeted and the actual sales volume multiplied by he standard contribution per unit

Units

Budgeted sales units 225,000

Actual sales units 230,000

Sales volume 5,000 favorable

Standard contribution(9-3.75) × $5.25

Sales volume variance $ 26,250

Sales volume variance $26,250 Favorable

Note standard contribution = standard selling price - standard variable cost

6 0

2 years ago