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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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sysyster corp. has an ROE of 16 percent and a payout ratio of 24 percent. what is its sustainable growth rate?
pochemuha

Answer:

The answer is 13.84 percent

Explanation:

The formula for sustainable growth rate is:

(Return on equity(ROE) x retention rate)/1 - Return on equity(ROE) x retention rate

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So, retention rate = 1 - 0.24

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Return on equity(ROE)= 0.16

(0.16 x 0.76) / 1 - ( 0.16 x 0.76)

= 0.1216 / 1 - 0.1216

0.1216/0.8784

=0.1384

Expressed as a percentage:

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