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Nostrana [21]
3 years ago
12

Golden Harvest is a restaurant located inside a five-star hotel. It caters mainly to customers who are concerned about quality d

ining rather than the prices. In this scenario, which of the following will be a part of Golden Harvest's strategic group?
A. a food kiosk in an adjacent subway stationB. a mobile food cart parked opposite to the five-star hotelC. a nearby fast-food restaurantD. a premium rooftop restaurant in the same city
Business
1 answer:
Nikolay [14]3 years ago
3 0

<u>D. A premium rooftop restaurant in the same city</u> will be a part of Golden Harvest's strategic group.

<u>Explanation</u>:

A 5 Star Hotel is a hotel that provides a luxury service to its customers through its operation. It is operated to serve their guest at high level. The materials, tables and each and everything used in the five-star hotel are set with high quality. They provide utmost care to their guest.

In the above scenario, Golden Harvest is the restaurant that is operated inside a five-star hotel. They provide quality dining to their customers. The customers visiting the restaurant expect only the quality and they don’t bother about the prices.

This shows that <u>a premium rooftop restaurant in the same city will be a part of Golden Harvest’s strategic group. </u>

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3 years ago
A cash-basis individual taxpayer owns 55% of Stone, a C-corporation. Stone uses the accrual method of accounting and owes the ta
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In year 2 they paid ½ of the rent which is,

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2 years ago
Paulina Lesky is 27 years old and has accumulated $7,500 in her self-directed defined contribution pension plan. Each year she c
zimovet [89]

Answer:

The answer is "Option D".

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The amount accrued in the pension system until now = 7500

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The percentage of the amount kept in a safe account (PV) = 7500\times 20\% = 1500\%

Number of investment years owned by (n)=63-27=36

Risk-free return rate I = 3\%

Combined total amount up to age 63 (formula for the current value) = Present \ value\times (1+i)^n

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Total annual contribution = 2000+2000 = 4000

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Returns free of risk I = 3\%

An cumulative sum due to an annuity= P\times \frac{(((1+i)^n)-1)}{i}

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6 0
3 years ago
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