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zlopas [31]
3 years ago
11

Convention hotels provide meeting rooms and banquet hotels to convention participants. Sometimes a specific convention may invol

ve 2000 members or only 75 members. To take care of both sizes of groups, convention hotels have movable walls that allow them to expand or contract a facility as needed by the group. By modifying its facility, the convention hotels are able to:
Business
1 answer:
Kryger [21]3 years ago
3 0

Answer:

adjust capacity to match demand

Explanation:

Based on the information provided in regards to the Convention hotels, it can be said that by modifying its facility, the convention hotels are able to adjust capacity to match demand. This is because if the convention event is bringing an occupational demand of 2000 members then the hotel can expand it's walls, thus adjusting to the capacity that the demand requires. The same goes for smaller demand, they can just shorten the walls to shrink the venue so that it is more comfortable for the guests.

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Cash balance, September 1 (from a summer job) $7,560
neonofarm [45]

Answer:

Katherine Malloy

Personal Cash Budget for September, October, November, and December:

                                       September   October   November   December

Balance                             $7,560      $2,960     $3,060        $3,160

Apartment deposit return                                                            500

Earnings (net of taxes)          940           940           940             940

Borrowing                                                                                      340

Total Cash Receipts        $8,500      $3,900     $4,000        $4,940

Season football tickets          100

Additional entertainment     260           260           260            260

Semester Tuition                4,100                                              4,100

Rent                                       370           370            370             370

Food                                      210            210             210             210

Apartment deposit               500

Total cash payment        $5,540        $840          $840       $4,940

Balance                           $2,960     $3,060       $3,160            $0

Explanation:

Katherine Malloy's cash budgets for the months of September, October, November, and December give some snapshots of her cash receipts and payments, including the planned borrowing of no less than $340 that she must arrange in December in order to pay for her spring semester tuition on December 31.   From the budget, she gets a clearer picture of her cash needs, receipts and expenses.  She is comfortable from September till the end of the year.  But, Katherine must arrange for some cash receipts, either in student loan or support or get another part-time work to increase her income, to enable settle her tuition in December.

4 0
4 years ago
Addresses do not change if you copy them to a different cell
RideAnS [48]

I don’t get this answer but ok

7 0
4 years ago
Wyd at yall skool oooooooooooooooooooooooooooooooh nvm
charle [14.2K]

Answer:

I procastinate to do my work that was due 4 days ago

8 0
3 years ago
Retained earnings is a. The positive cash flows of a company. b. The net worth of a company. c. The owners' equity that has accu
umka2103 [35]

Answer:

The correct answer is letter "C": The owners' equity that has accumulated as a result of profitable operations.

Explanation:

Retained Earnings are the part of the company's net profits it does not pay out as dividends to shareholders. The company retains the money and reinvests it in the company, or uses it to pay off a part of its debt. To see how much profits a corporation has kept, look under the Shareholder's equity in the Balance Sheet.

3 0
3 years ago
(A bond forward) A certain 10-year bond is currently selling for $920 A friend of yours owns a forward contract on this bond tha
sleet_krkn [62]

Answer: -$100

Explanation:

Value of forward contract = Selling price - Forward price on bond

Forward price = Present value of cashflows + Present value of bond

Periodic rate = 7%/ 2 = 3.5% per semi annum

= 8% / 2 = 4%

3.5% will be used to discount the payment 6 months from now as that is the 6 month rate. The rest will be 4%.

= (80 / (1 + 3.5%) ) + ( 80 / ( 1 + 4%)²) + (940 / ( 1 +4%)²)

= $1,020.342

= $1,020

Value of forward contract = 920 - 1,020

= -$100

4 0
3 years ago
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