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gregori [183]
3 years ago
12

The hospitality and tourism industry grew out of what activity?

Business
1 answer:
netineya [11]3 years ago
5 0
Trading of goods because people came back for more
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The purpose of the Uniform Franchise Offering Circular is to
goldfiish [28.3K]
I think it’s b it is the most right played out
5 0
3 years ago
Prepare the journal entry for the issuance of these bonds. Assume the bonds are issued for cash on January 1, 2017. Garcia Compa
algol13

Answer:

Dr Cash $332,775

Cr Bonds payable $290,000

Cr Premium on bonds payable $42,775

Explanation:

Preparation of the journal entry to record the issuance of these bonds. Assume the bonds are issued for cash on January 1, 2017

Based on the information given the journal entry to record the issuance of these bonds will be:

Dr Cash ($290000/100*114.75) $332,775

Cr Bonds payable $290,000

Cr Premium on bonds payable ($332,775-$290,000) $42,775

(To record issuance of bonds)

3 0
3 years ago
As a junior congress person you have been asked to help promote a bill to allow casino gambling in your state. There is much opp
MariettaO [177]

Explanation:

I would promote the establishment of the Casino Gambling Bar in my state and plan my arguments for discussion on the following items:

Casino deserves to play in the State:

More collection of revenue in the form of tax for the administration.

Tourist inflows on weekends, which lead to additional state revenues.

Boost in other businesses, such as casinos, pubs, car parks, gas sales, beer sales and expanded road tax collection.

Improved prospects for jobs.

The increased income selection will create a tourist attraction for the state residents, such as the ocean or a lake.

The demerits I can list and probably face during the argument are:

Concerns of law and order: Night operations are improved and provisions for the Casino Licensing are complied with.

It can increase drug trafficking. Education shall be taken by the police and other law enforcement agencies.

Drug addicts can harm the state: police take care. drug addicts.

Nightlife can be achieved for neighboring residents. Credit shall be taken on night patrols.

Can increase the number of road accidents caused by drunk driving.

Case that Casino Gambling is not new to America. Any real and concrete ties to ill effects such as opined use, drug trafficking and other ill effects are only attributed to a gaming casino.

If all the negative effects expected or perceived by the law enforcement agency are tracked, all the negative effects may be entirely eradicated and savings can be gained from increased revenues by the state.

Discussions with all state machinery must be held before the property is transferred to the casino and the police office can also provide its guidance during this time.

5 0
3 years ago
Moss Corp. owns 20% of Dobro Corp.’s preferred stock and 80% of its commonstock. Dobro’s stock outstanding at December 31, Year
Yakvenalex [24]

Answer:

The correct answer of the following question is $42,000.

Explanation:

Given information -

Moss owns 20% of Dobro's preferred stock and 80 % of outstanding common stock.

Preferred stock (10%) $100,000

Common stock - $700,000

Dobro earnings for year 1, December 31 - $60,000

Here the equity method with consolidation will be used, which means the net income from subsidy would be recognized by Moss corp up to the interest.

therefore, we can calculate the earnings available for common stock and preferred stock.

Earnings available for preferred stock - $100,000 x 10% x 20%

= $10,000 x 20%

= $2000

Earnings available for common stock =

Total earnings from Dobro - Cumulative preference dividend

= $60,000 - $10,000 ( $100,000 x 10% )

= $50,000

Now on this $50,000 we will take out 80% of the interest that Moss owns

$50,000 x 80%

= $40,000

Therefore the total amount of earnings = $2000 + $40,000

= $42,000

3 0
3 years ago
A company currently has 100 items in inventory. The demand for the next four months is 500, 800, 900, and 300 units. Determine t
eimsori [14]

Answer:

The monthly production rate if a level strategy is selected with the goal of ending the fourth month with 400 units in inventory is b. 700 units/month

Explanation:

If the company operates a level production stategy and aims to have 400 units at the ending of the fourth month, then;

Opening inventory will be 100 units and monthly movement will be as follows;

Month     Opening     Demand    Produce     Closing

  1              100            -500           700       =    300

   2            300           -800            700      =    200

   3           200           -900             700       =    0

   4              0            -300              700       =  400

5 0
3 years ago
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