In the rooms because that is where the amenities are located ie the bed comfort, the TV, the view, the room size and then the leaning services and the room service (for food from the restaurants)
Answer:
the issue price is $88 per share
Explanation:
The computation of the issue price is shown below:
= (Common stock + paid in capital) ÷ (Number of common shares issued)
= ($3,600,000 + $36,000,000) ÷ 450,000 shares
= $39,600,000 ÷ 450,000 shares
= $88 per share
Hence, the issue price is $88 per share
Answer:
Please find the complete solution in the attachment file.
Explanation:
Please find the attachment table for the 3 years of cash flow:
Answer:
B. $12,000 is a sunk cost
Explanation:
By considering the given information, the cost that is correct is a sunk cost for $12,000
The sunk cost is the cost already incurred and will not be retrieved in the future. Plus, it's also termed a past cost.
It is a useless cost and it can be avoided also.
It is that cost that is not considered at the time of decisions making.
So, option B is correct