No, you do not have to own stocks yourself to be impacted by the change of the markets. Anybody who owns stocks AND run businesses that YOU go too will impact YOU dramatically. If stock prices drop, the amount of money they have will drop considerably, which means they have less money for merchandise. If they don't have merchandise, the businesses will go out, and you will not have anyplace to go too for your needs (for food, medicine, etc)
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Answer:
a. lower resort hotel room prices on Wednesdays
.
Explanation:
Now the hotel rooms capacity and demand do not match, even then the hotel prices lower rates to attract more customers and then there will be first come first take the hotel. Which shall create the problem of unavailability of hotel rooms mostly.
This is basically aggressive management, as all the rooms will generally stand accommodated, there will be low management required for allotment as people booking first will get rooms, and the staff needs to manage room service only.
Answer:
The bond price is $ 9,184.18
Explanation:
I discounted all the future cash flows of the bond to present value in order to arrive at the price of the bond.
The discounting factor formula is 1/(1+r)^N where r is the rate of return of 3.4% divided by two as the return is semi-annualized and N is the relevant period of the cash flow.
The coupon is also divided by two to show that it is received twice a year.
Find attached detailed computation.
<span>Bartering can be more time-consuming than trading with money.
Hope it helps.
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Answer:
$186,900
Explanation:
The gross profit is the difference between the sales revenue and the cost of good sold. The gross profit percentage is the ratio of gross profit to net sales expressed as a percentage.
As such, the net operating income/loss is the difference between the sales and the total costs
.
To get the net income, we would first get the gross income.
Gross income
= $730,000 - (40% * $730,000)
= $438,000
Next we must compute the net income before tax. This is the difference between the gross income and the operating expenses
= $438,000 - $90,000 - $81,000
= $267,000
Income tax expense = 30% * $267,000
= $80,100
budgeted net income for 2018
= $267,000 - $80,100
= $186,900