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3 years ago

12

Kara was out jogging and, despite being tired, decided to run one more mile. based on her actions, economists would conclude tha

t kara:

1 answer:

Contact [7]3 years ago

7 0

Pushes herself and is determined to finish something she started.

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Alexis received paychecks from both her jobs and she would like to deposit them. One check is for $62.88 and the other is $523.2

baherus [9]

586.10 is how much she would have deposited

4 0

3 years ago

Read 2 more answers

Which department managers in a hotel would benefit from understanding a bit about financial management? What should they know? W

dolphi86 [110]

Department managers in a hotel would benefit from understanding a bit about financial management in the following way

Explanation:

Teamwork: Almost every job within the hospitality industry involves teamwork. ...
Multi-tasking: No day is the same within the hospitality industry. ...
Flexibility: ...
Attention to Detail: ...
Industry Awareness: ...
Time Management: ...
Communication: ...
Interpersonal Skills:

Financial management includes

Financial management requires forecasting various elements such as demand, inventory availability, market share, and total market.
Revenue management is an extremely important concept within the hospitality industry, because it allows hotel owners to anticipate demand and optimise availability and pricing, in order to achieve the best possible financial results.
Revenue Management is the application of analytics that predicts consumer behaviour at the micro-market level to optimise product availability and price to maximise revenue growth. The primary aim of a revenue management strategy is selling the right product to the right customer at the right time for the right price.

5 0

3 years ago

The interest rate on a 1-year canadian security is 8%. the current exchange rate is c$ = us $0.78. the 1-year forward rate is c$

leva [86]

Answer: 5.23%
Explanation:
Given , interest rate, r =0.08; current exchange rate, c =0.78 and forward
rate, f= 0.76
Let X represent the return earned by the U.S. investing in Canadian security
x = 1+((1+r)*f/c)
x =1+(1.08*[0.76/0.78])
= 5.23%.

6 0

3 years ago

How do businesses determine the equilibrium price of a good or service?

Helen [10]

Answer:

C. They set a price where the demand matches the quantity they are

willing to supply

Explanation:

The equilibrium price is the current market price as determined by supply and demand forces. It is the price at which buyers are happy to buy the entire supplied quantities. Suppliers are also happy to sell that quantity at the set price. The equilibrium price is, therefore, the intersection of the demand and supply curves.

At the equilibrium price, there is no excess or short supply of a product in the market.

6 0

3 years ago

A review of the ledger of Wildhorse Company at December 31, 2020, produces the following data pertaining to the preparation of a

Neko [114]

Answer:

Salaries expense 5,190

Salaries payable 5,190

unearned rent revenue 90940 debit

rent revenue 90940 credit

advertizing expense 6,800 debit

prepaid advertising 6,800 credit

interest expense 3,934 debit

interest payable 3,934 credit

Explanation:

<u>Salaries accrued</u>

5 employes $750 each = 3750

3 employees $480 each = 1440

Total = 5190

<u>Rent revenue</u>

$6,670 per month x 5 lease x 2 months (from Nov 1st to Dec 31st) =66700

$6,060 per month x 4 lease x 1 month = 24240

total 90940

<u>advertizing:</u>

8,400 / 12 months x 8 months expired = 5600

9,600 / 24 months x 3 months expired = 1200

total 6,800

interest on note payable:

principal x rate x time

56,200 x 12% x 7/12 = 3,934

8 0

3 years ago