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Nady [450]
3 years ago
11

The three major economic impacts of tourism are. a.Cultural facilities, infrastructure, and employment b.Employment, income, and

income from outside the destination c.Invisible exports, balance of payments, and economic growth d.Foreign exchange earnings, land speculation, and import substitution Income, demonstration effect, and multiplier
Business
2 answers:
Hunter-Best [27]3 years ago
6 0

Answer:

Employment, income, and foreign exchange earnings

Explanation:

The three most important economic impacts of tourism are:

  1. employment: jobs directly or indirectly related to tourism activities represent a large portion in some countries, and this doesn't include only poor countries. E.g. 20% of Spain's total jobs are directly or indirectly related to tourism.
  2. income: tourism generates huge amounts of money that is specially welcomed at developing countries.
  3. foreign exchange earnings: developing countries rely on tourism for obtaining foreign currencies, especially US dollars that they later use to import goods.

Mekhanik [1.2K]3 years ago
4 0

Answer:

a.Cultural facilities, infrastructure, and employment

Explanation:

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Prine Company purchased equipment on January ​1, 2018​, for $ 25 comma 000. Suppose Prine Company sold the equipment for $ 3 com
Marat540 [252]

Answer:

a. The company recognizes loss on the sale of the equipment $6,000

b. The entry to record the sale of the equipment:

Debit Cash $3,000

Debit Accumulated depreciation account $16,000

Debit Loss on sale equipment  $6,000

Credit Equipment $25,000

Explanation:

To recognize gain or loss on the sale of the equipment:

First, the company calculates the carrying amount of the asset by using the original cost of the asset, minus all accumulated depreciation and any accumulated impairment charges.

Then, subtract this carrying amount from the sale price of the asset. If the remainder is positive, it is a gain and if the remainder is negative, it is a loss

On December ​31, 2019​, the carrying amount of the asset = $25,000 - $16,000 = $9,000

Sale price - Carrying amount of the asset = $3,000 - $9,000 = -$6,000

=> The company recognizes loss on the sale of the equipment $6,000

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Debit Cash $3,000

Debit Accumulated depreciation account $16,000

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4 0
3 years ago
Global information systems pose challenges because cultural, political, and language diversity magnifies differences in organiza
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Answer:

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Explanation:

Companies when crossing national borders also increase the need for information. International organizations that have a centralized management must be aware of what is happening in the world.

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8 0
3 years ago
On January​ 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years or 50,0
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Answer:

Accumulated depreciation= $276,000

Explanation:

Giving the following information:

On January​ 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years. The estimated residual value is $ 10,000.

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Accumulated depreciation= 138,000*2= $276,000

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3 years ago
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