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alexgriva [62]
3 years ago
14

Cheyenne is the manager of a local small hotel. just today cheyenne received word that a major convention will be coming to town

next month, and the demand for hotel rooms is expected to skyrocket. in a conversation with the owner, she asked, "what should our approach to pricing be for the week of the convention
Business
1 answer:
il63 [147K]3 years ago
8 0
The contingency viewpoint  
This is a behavioural model of administration underscoring the contrasts between each issue or test an entrepreneur faces over a given timeframe.It helps an entrepreneur or a business executive to ensure he or she is utilising the possibility of every available way to deal with critical thinking looks at a wide assortment of components while deciding workable answers for every working environment issue
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Kevin Bacon is thinking about buying an investment. The investment option that he is thinking about buying is a written pledge b
Lesechka [4]

Answer:

Kevin is thinking about purchasing a corporate bond

Explanation:

Corporate bonds are bonds issued by firms.

Firms have two major instruments to attract investments from individual investors like Kevin: stocks and bonds.

Stocks are ownership certificates, their values and payouts fluctuates.

Bonds are debt certificates. Issuing them means the firms are obliaged to pay the interests until maturity and the face value of the bond at maturity.

6 0
3 years ago
Diggin Tools just issued new preferred stock, which sold for $85 in the stock markets. Holders of the stock will receive an annu
lys-0071 [83]

Answer:

c. 11.70 percent

Explanation:

The computation of the cost of preferred stock is shown below:

= Annual dividend ÷ Sale price of preferred stock × (1 - flotation cost)

= $9.35 ÷ $85 × (1 - 6%)

=  $9.35 ÷ $79.9

= 11.70%

We ignored the marginal tax rate i.e 30%. In the case of preferred stock, the flotation cost would be deducted. We consider all the things that are given in the question

3 0
3 years ago
_____ occurs when the amount of of capital per worker increases
katrin2010 [14]
<span>Gross domestic product </span>occurs when the amount of of capital per worker increases. The answer is letter A
3 0
3 years ago
Read 2 more answers
What most likely will happen if the pie maker continues to make additional pies? the marginal costs will continue to rise, incre
Over [174]
<span>The most probable thing that will happen if the pie maker keeps making additional pies is this: the marginal costs will continue to rise, increasing the total cost, while the marginal revenue remains the same, decreasing the profit. This is to assume that no buyer is interested in purchasing the pies at a certain period of time. </span>
4 0
4 years ago
Read 2 more answers
Talbot Riding Stables provides stables, care for animals, and grounds for riding and showing horses. The account balances at the
Goshia [24]

Answer:

See answers below in the explanation

Explanation:

Journal Entries :

Journals

<u>Date Account and Explanation Debit Credit </u>

a Accounts receivable             210300  

Service Revenue                                   210300

(Record earned revenue)  

   

Cash                                    62300  

Service Revenue*                                   62300

(Record earned revenue)  

   

   

b  cash                                     199100  

accounts receivable**                            199100

(Record collection Account)  

*$41000+$20500=$62300

**$4400+$210300-$$15600=$199100

   

   

c Supplies                                     62900  

Accounts Payable                                   62900

(record purchase of supplies on credit)  

   

d Supplies                                      7400  

 Cash                                                   7400

(record purchase of supplies  

   

e Wages Payable                     14200  

Cash                                                   14200

Record Payment of previous wages  

   

Wages Expenses                    112000  

Cash                                                    112000

(Record Payment to Employees)  

   

f Income Tax payable            15100  

cash                                                     15100

(Record Payment of Income taxes  

   

g Accounts Payable                      73000  

cash                                                      73000

(record payment of account)  

   

h Interest Expense                      2700  

Interest Payable                                             2700  

Cash***                                                      5400

(Record Payment of Interest)  

   

i No journal entry required  

   

j Property Taxes Expense     17000  

cash                                                       17000

(Record payment of property taxes)  

   

k Dividends                             7200  

Cash                                                       7200

(Record Payment of dividends)  

   

*** $60000*9%=$5400    

   

6 0
3 years ago
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