Answer:
<h2>The answer would be option be option B. or An increase in hotel taxes at popular resorts.</h2>
Explanation:
- If everything else remains constant,a fall or decrease in oil prices will be a good news for most of the households and they will set out for vacation travel.
- Now,if suddenly the tax rates charged by popular hotels or resorts increase simultaneously or following the decrease in oil prices,it will increase the aggregate hotel or resort charges for the families and households or even for any individual traveler.
- Hence,an increase in hotel or resort taxes would discourage the individuals and households to undertake any current or future travel plans and therefore,offset the initial vacation plans that primarily resulted from cheaper gasoline or oil prices.
Answer:
Douglas McGregor
Explanation:
Social psychologist Douglas McGregor used the Theory X and Theory Y (two contrasting theories) to explain managers' beliefs that says "what motivates a manager's people can affect the manager's management style".
He called Theory X the authoritarian style and Theory Y the participation style of management.
In Theory X, McGregor believes that if a manager assumes that subordinates are not motivated to work or dislike their work, the manager will use an authoritarian management style to get things done.
In Theory X, McGregor again states that if a manager assumes that subordinates like their work or are proud of their work and are motivated to take on challenges then the manager is most likely to adopt a participatory style of management.
I hope this helps.
Answer:
$875
Explanation:
Generally, the relationship can be expressed as interest rate = Coupon Payment / Face Value.
Initially a 7% market rate a investor gets 7% which gives a coupon payment of $70 because the face value of 1000.
Hence 70/1000 = 7%
Subsequently with the interest rate change, we can look for the bond price.
Substitute 8% for the interest rate and find the revised bond value which will fall as rate increases
$70/bond price = 8%
Then $70/ bond price = 0.08
0.08 x bond price = $70
bond price = $70 / 0.08 = $875
Answer:
c. triple-bottom-line approach
Explanation:
The triple-bottom-line approach is a framework with 3 parts: financial, social, and environment. Performance evaluation is more than just financial, it also incorporates social and environmental impacts of the business.
Volcanic batterie's vision statement has represented these 3 bottom lines
Financial- VolcanicBatteries will conscientiously track its financial performance to ensure profits for its investors
Social- enhance its community through employment and supporting charities
Environmental- and dispose of waste in amanner that will not harm the environment
Answer:
The effect the entry to recognize the uncollectible accounts expense for Year 2 will have on the elements of the financial statements are that it will reduce Accounts Receivable to $15,560 and the Allowance for Doubtful Accounts to $1,900 at the end of Year 2.
Explanation:
Credit sales estimated to be uncollectable = Credit sales * Estimated percentage uncollectable = $215,000 * 1% = $2,150
Ending account receivable = Beginning accounts receivable + Credit sales - Cash collected - Receivales written off as uncollectable - Credit sales estimated to be uncollectable = $76,000 + $215,000 - $271,100 - $2,100 - $2,150 = $15,560
Ending Allowance for Doubtful Accounts = Beginning Allowance for Doubtful Accounts - Allowance for Doubtful Accounts - Receivales written off as uncollectable = $4,000 - $2,100 = $1,900
Therefore, the effect the entry to recognize the uncollectible accounts expense for Year 2 will have on the elements of the financial statements are that it will reduce Accounts Receivable to $15,560 and the Allowance for Doubtful Accounts to $1,900 at the end of Year 2.