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3 years ago

(LaVilla) LaVilla is a village in the Italian Alps. Given its enormous popularity among

Business

1 answer:

garri49 [273]3 years ago

8 0

Answer:

a) 120 skiers per day

b) 6.25% increase in revenue

Explanation:

a) If the average skier stays 10 days, the average turnover is 1/10 of the skiers per day, or 1200/10 = 120 skiers per day.

b) For a stay of n days, the average skier spends ...

50 +(n-1)30 = 20 +30n

and the average spending per day is ...

(20 +30n)/n = (20/n) +30

So, for a 10-day stay, the average skier spends in restaurants ...

20/10 +30 = 32 . . . . per day

And for a 5-day stay, the average skier will spend ...

20/5 +30 = 34 . . . . per day

The change in restaurant revenue is expected to be ...

(34 -32)/32 × 100% = 2/32 × 100% = 6.25%

Restaurant revenues will be 6.25% higher compared to last year.

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3. What role did CDS play in the financial crisis?

ehidna [41]

Just like an insurance policy, a CDS allows purchasers to buy protection against an unlikely event that may affect the investment. ... During the financial crisis of 2008, the value of CDS was hit hard, and it dropped to $26.3 trillion by 2010 and $25.5 trillion in 2012.

7 0

3 years ago

Most fraud investigators utilize the fraud triangle theory. A new theory called the fraud diamond has been proposed. Which of th

Sonja [21]

Answer:

The correct answer is letter "C": Capability.

Explanation:

American criminologist Donald Cressey (1919-1987) proposed the Fraud Triangle Theory to explain the factor leading to such actions. According to Cressey, those components are Pressure, Opportunity, and Rationalization.

David Wolfe and Dana R. Hermanson introduced in 2004 the Fraud Diamond Theory with the same purpose as Cressey but they considered there are four (4) factors influencing individuals to commit fraud: Pressure, Opportunity, Rationalization, and Capability.

Thus, the Diamond Theory includes the capability factor compared to the Triangle Theory that does not.

7 0

3 years ago

The accounting and tax departments are the responsibility of the _____. a. inventory manager b. controller c. vice president

wel

Answer: Controller

Explanation: Controller refer to the accounting officer of the company whose job is to analyze and interpret the transactions related to accounting and fiance.

The duties of controller include conducting internal audit, updating financial statements, filing tax applications on time etc.

Thus, from the above we can conclude that the correct option is B.

4 0

3 years ago

Libra Electronics specializes in manufacturing computers and computer accessories. As a means to expand business operations, the

iragen [17]

Answer:

The correct answer is letter "E": strategic plan.

Explanation:

The strategic plan of a company is a managerial tool that allows companies to establish what to do and the path that it has to walk to reach its set objectives considering the changes in demand of its surrounding environment. In such a way, it is a critical key for decision-making within any entity.

The strategic planning provides a real frame for managers and stakeholders so they can understand and evaluate the current situation of the company moreover when the firm is struggling or pursuing exploring new markets.

5 0

3 years ago

The following information pertains to Lightning Inc., at the end of December: Credit Sales $ 20,000 Accounts Payable 10,000 Acco

timama [110]

Answer:

The appropriate amount of Bad Debt Expense is $3,345.20.

Explanation:

The appropriate amount of Bad Debt Expense can be calculated as follows:

Bad debt expense = (Percentage of accounts receivable not yet due it will not collect * Accounts receivable not yet due) + (Percentage of receivables up to 30 days past due it will not collect * Amount of receivables up to 30 days past due) + (Parentage of receivables of receivables greater than 30 days past due it will not collect * Amount of receivables greater than 30 days past due) - Allowance for Uncollectible Accounts (credit) ……………………… (1)

Substituting the relevant values into equation (1), we have:

Bad debt expense = (7% * $7,500) + (20% + $2,300) + (46% * $2,000) - $400 = $3,345.20

Therefore, the appropriate amount of Bad Debt Expense is $3,345.20.

3 0

3 years ago