Answer:
The semi annual rate is 4.88%
Explanation:
semi annual rate = [((1+r)^(1/n)) -1]
= [((1+10%)^(1/2)) -1]
= 4.88%
Therefore, the semi-annual rate (i.e. periodic return per six months) do you require (i.e. need to earn such that this implies 10% earned per year when you get to compound semi-annually) is 4.88%.
Answer:
$224,000
Explanation:
The computation of the borrowed cash amount is shown below:
= Cash balance + expected cash receipts - expected cash disbursements - minimum monthly balance
= $3,461,000 + $712,000 - $1,397,000 - $3,000,000
= $224,000
Simply we add the expected cash receipts and less the expected cash disbursements and minimum monthly balance to the cash balance so that accurate value can come.
Improved hotel management effectiveness is one reason that a hotel owner might consider hiring a hotel management company.
What function does a hotel management business serve?
- The management firm oversees the hotel operations and makes sure they are profitable.
- They are in charge of every aspect of the business, from hiring and training employees to procuring supplies, cleaning rooms, renting out meeting space, and entertaining visitors.
- The General Manager is accountable to both the hotel management business AND the original owner who engaged the hotel management firm.
- The general manager's job is to manage the hotel in a way that generates income for the owner.
- To be clear, the hotel owner could be a person, a business, or a trust fund or real estate. These will change based on the market and the kind of hotel.
To learn more about hotel management visit:brainly.com/question/10979252
#SPJ4
I’d say D because its being demanded more of
