That statement is true.
According to the statistic, 5 % of individuals who purchased the ticket never actually showed up (which means 95% of them actually showed up).
Because of this, Airlines tend to sell more tickets that their total seats in order to maximize their profit.
Answer:
a. $95 million
b. 26.5%
c. 78.6%
Explanation:
a. It is projected that the company will generate a total cash flow of $95 million in a recession. The bondholders expect to receive a payoff of $95 million.
b. The promised return is the company's required debt payment at the end of the year ($129 million) and the
t ($102 million).
Promised return =
Promised return = 
Promised return = 0.2647 ≈ 0.265
The promised return on the company's debt is 0.265 or 26.5%
c. The expected return is the company's expected debt value and the current market value of the company’s outstanding debt ($102 million). We will need to find the company's expected value of debt since it is unknown.
expected debt value =
expected debt value = (80% ×$204 million ) + ( 20% × $95 million)
expected debt value = (0.8 ×$204 million ) + ( 0.2 × $95 million)
expected debt value = ($163.2 million ) + ($19 million)
expected debt value = $182.2 million
We can now determine the expected return.
The expected return = 
expected return = 
Expected return = 0.7863 ≈ 78.6%
The expected return on the company's debt is 78.6%
My best guess is "intranet" (NOT "internet").
Answer:
----Either similar or identical products --------Difficult entry
----Mutual interdependence
Explanation: An Oligopolistic market is a market characterized by few sellers of large firms who sell either similar or differentiated products. Here, Each firm is mutually interdependent as any action from any firms influences the actions of the rest of the competing firms , therefore decisions are made using strategic planning and consideration as competing firms are ready to counter react to any change in any new market action.
Market entry is difficult Because of the already established customer base of the successful operating firms dominating the market.Also venturing into the market requires high capital, technology or additional government licences. Examples of Oligopolistic firms are oil and gas firms, airlines, mass media etc
Answer:
See Explanation
Explanation:
(a)
Journal entry to record the transaction is,
Particulars Debit Credit
Land and Building (460000 + 520000) $980,000
Cash Paid $360,000
Mortgage Payable (980,000 - 360,000) $620,000
We assume that 4% interest is chargeable each semiannual payment and that each subsequent payment is charged 4% on the remaining amount of principal minus any preceding principal payments.
(b)
First installment = Principal + Interest payable
= 31,000 + (620,000 * 0.04) = $55,800
(c)
Second payment = 31,000 + [(620,000 - 31000) * 0.04] = $54,560
Since the chart of accounts is not provided you can confirm the the account headings.
Hope that helps.