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Anit [1.1K]
3 years ago
15

Consider the following statement based on a positive economic analysis that assumes that all other things remain​ constant: Fall

ing gasoline prices will result in additional vacation travel. Which of the following​ (initially assumed​ constant) could occur and thus offset the stated​ outcome? A. Higher employment. B. An increase in hotel taxes at popular resorts. C. Improved highway safety. D. Lower income taxes.
Business
1 answer:
Marysya12 [62]3 years ago
8 0

Answer:

<h2>The answer would be option be option B. or An increase in hotel taxes at popular resorts.</h2>

Explanation:

  • If everything else remains constant,a fall or decrease in oil prices will be a good news for most of the households and they will set out for vacation travel.
  • Now,if suddenly the tax rates charged by popular hotels or resorts increase simultaneously or following the decrease in oil prices,it will increase the aggregate hotel or resort charges for the families and households or even for any individual traveler.
  • Hence,an increase in hotel or resort taxes would discourage the individuals and households to undertake any current or future travel plans and therefore,offset the initial vacation plans that primarily resulted from cheaper gasoline or oil prices.
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Kathy reviews her division's quarterly results and sees that some units exceeded goals while others did not. Next, she will atte
Alex777 [14]

Answer:

E. was due to factors within or outside the firm's control.

Explanation:

The purpose of variance analysis is to address the differences between the budgeted and actual performance of the company.

Variance analysis aids in understanding the reasons fluctuations happen with the aim of reducing or avoiding adverse variances, which eventually leads to improved budgeting.

The reason an organisation would want to know if variances were due to factors within or outside the organisation is because they need to address all such variances that are under management control by looking at what could have been differently.

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3 years ago
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Creative Crew is a direct-marketing company that sells merchandise such as T-shirts, customized coffee mugs, calendars, key chai
Andru [333]

Answer:

E. Two- Step approach to direct marketing

Explanation:

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3 years ago
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Slick Sam has a special relationship with his banker. The nature of the relationship is as follows: The bank owes Sam $100 per y
kodGreya [7K]

Answer:

X=97.24

Explanation:

PV = Present Value = X+2000 by the 16th years

PMT = Payments = $100

FV = Future Value = 2000 at the end of 16 years

n= number of years

Applying the equation of future value for annuity

FV = pmt* ​((1+r)ⁿ - 1   )/r

Inputting the values;

2000=100*((1+r)¹⁶-1)/r

Solving for r, gives r = 2.9%

Therefore using the formula for PV for annuity;

PV=PMT*(1-(1/1+r)/r)

X=100*(1-(1/1.029)/0.029

X=100*((1-0.9718)/0.029)

X=100*(0.0282/0.029)

X=97.24

4 0
4 years ago
Countries that export goods and services realize that it's an important source
nignag [31]
Answer is A. Debt. Or possibly revenue
6 0
4 years ago
the ending retained earnings balance of lambert inc. increased by $2.6 million from the beginning of the year. the company's net
S_A_V [24]

The amount of dividends Lambert Inc. declared and paid is $5.2 million.

<h3>What is dividend?</h3>

A dividend refers to the sum paid to people who invest in a company, at the end of the financial year. In other words,  it is a reward paid to the shareholders for their investment in a company's equity.

We know that:

Closing retained earnings

= Opening retained earnings + net income earned - dividend paid

Then,

The ending Retained Earnings balance of Lambert Inc. increased by $2.6 million from the beginning of the year

Also, net income earned during the year is $7.8 million

Hence,

Dividend paid

= -$ 2.6 million + $7.8 million

= $5.2 million

With regards to the above, the amount of dividends Lambert Inc. declared and paid is $5.2 million.

Learn more about dividend here: brainly.com/question/13991661

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