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Licemer1 [7]
4 years ago
6

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. She might want to open a

Business
2 answers:
irina1246 [14]4 years ago
8 0

Answer:

Bed and Breakfast

Explanation:

Olenka [21]4 years ago
3 0

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. She might want to open a bed and breakfast. If Cynthia enjoys working with others in the lodging industry, but on a smaller scale, a bed and breakfast is the perfect place for Cynthia to open that stays with her love for lodging but without the large hotel chain group of people. A bed a breakfast is usually a smaller place with roughly 10 rooms to rent out as if you were staying in a hotel.

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Healthy Foods Inc. sells 60-pound bags of grapes to the military for $15 a bag. The fixed costs of this operation are $90,000, w
astraxan [27]

Answer:

BEP units:   15,000 60-pounds bags

(B)

14,000 generates     6,000 loss

35,000 generates 120,000 net

(C) operating leverage: 2

(D) financial leverage: 1.63

(E) combined leverage: 3,26

Explanation:

\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

60 pounds sales price    =   $  15

60 pound cost: 60 x 0.15 =  $   9

Contribution Margin 6

\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}

Fixed Cost 90,000

BEP units:   15,000

(B) profit at given level:

sales x margin - fixed cost = net profit

14,000 x 6 - 90,000  =  (6,000)

35,000 x 6 - 90,000 = 120,000

(C) operating leverage: change in EBIT / change in sales

income at 21,000 x 6 - 90,000 = 36,000

EBIT change:

120,000/36,000 = 3 + 1/3

Slaes change:

35,000/21,000 = 1 + 2/3

operating leverage:

(3 + 1/3) / (1 + 2/3) = 2

(d) financial leverage

<u>change in net income: </u>

(120,000 - 17,000) / (36,000 - 17,000)

103,000 / 19,000 = 103/19

<u>change in EBIT</u> 3 + 1/3 (already calculate

(103/19) / (3+1/3) = 1.626315789

(E) combined

2 x 1.626315789 = 3,252631578‬

6 0
3 years ago
Money markets are marketsfora.Foreigncurrencies.b.Consumer automobileloans.c.Common stocks.d.Long-term bonds.
Harlamova29_29 [7]

Answer:

e. Short-term debt securities such as Treasury bills and commercial paper.

Explanation:

  • A money market is an organized exchange market and were the participant can lend and borrow short terms high quantity debt security with an average maturity with less than and year. And thus enables the government and other institutions of the short terms securities.
4 0
3 years ago
Joseph is reviewing secondary data his company collected about seasonal variations in consumer spending because he is thinking a
Yanka [14]

Answer:

The advantages of using secondary data are several, but its main advantage is that it is the cheapest way to gather large sets of information. A lot of secondary data is available on the internet, so it is time saving. Using secondary data saves work, efforts and money.

We can also use secondary data to determine more specifically which primary data we need to gather, again saving resources.

7 0
3 years ago
8. Chocolates bought at 5 for £6 are sold at 2 for £3, find:
s344n2d4d5 [400]

1. Divide price by quantity:

6/5 = 1.20 each


2. 3/2 = 1.50 each


3. profit/ loss = sold - purchased price

1.50 - 1.20 = 0.30 profit

4 0
2 years ago
Williamsburg Market is an all-equity firm that has net income of $96,200, depreciation expense of $6,300, and an increase in net
sladkih [1.3K]

Answer:

The answer is $99700

Explanation:

Net cash from operating activity= Net income + Depreciation - increase in net working capital.

Net cash from operating activity= $96,200 + $6,300 - $2,800= $99700

6 0
3 years ago
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