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sdas [7]
4 years ago
14

Suppose that you are responsible for making arrangements for a business convention and that you have been charged with choosing

a city for the conven- tion that has the least expensive hotel rooms. You have narrowed your choices to Atlanta and Houston. The file named Hotel contains samples of prices for rooms in Atlanta and Houston that are consistent with the results reported by Smith Travel Research (smart Money, March 2009). Because considerable historical data on the prices of rooms in both cities are available, the population standard deviations for the prices can be assumed to be $20 in Atlanta and $25 in Houston. Based on the sample data, can you conclude that the mean price of a hotel room in Atlanta is lower than one in Houston

Business
1 answer:
Valentin [98]4 years ago
5 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Sylvana is given a job offer with two alternative compensation packages to choose from. The first package offers her $250,000 an
BaLLatris [955]

Answer:

Sylvana

a. Compensation package to choose = 2nd Package

After-tax dollars benefit  for choosing the 2nd Package = $3,250

b. Compensation package to choose = 2nd Package

After-tax dollars benefit for choosing the 2nd Package = $6,500

Explanation:

a) Data and Calculations:

                                   1st Package     2nd Package

Annual salary               $250,000       $235,000

Fringe benefits             $0                        10,000

Health & Life Insurance   (10,000)      $0

Taxable income           $240,000      $245,000

Taxes (35%)                     (84,000)         (85,750)

Net pay                         $156,000       $159,250

Net benefit of 2nd Package over 1st Package = $3,250 ($159,250 - $156,000)

                                   1st Package     2nd Package

Annual salary               $250,000       $240,000

Fringe benefits             $0                        10,000

Health & Life Insurance   (10,000)      $0

Taxable income           $240,000      $250,000

Taxes (35%)                     (84,000)         (87,500)

Net pay                         $156,000       $162,500

Net benefit of 2nd Package over 1st Package = $6,500 ($162,500 - $156,000)

5 0
3 years ago
on December 1, 2021, Lester Company issued at 103, eight hundred of its 9%, $1,000 bonds. Attached to each bond was one detachab
Luden [163]

Answer:

$489,250

Explanation:

Market value of bonds and stock warrants

= ((500*1000*0.95)+(500*50))

= 475000+25000

= $500,000

Issue price bonds = 500000*1.03

= 515000

Carry value of bonds = ((500*1000*0.95)/500000)*515000

= (475000/500000)*515000

= $489,250

7 0
3 years ago
Provide an example of economic regulations that a government might put into place and why
HACTEHA [7]

The Government regulates the sale and research of prescription drugs in order to promote safety and fair practices in the healthcare industry.

3 0
3 years ago
A main component used in the production of drum heads has risen in price by 9%. Demonstrate the effect this has on the equilibri
drek231 [11]

Answer:

<h2>Basically,an increase in the price of the main component used in drum head production will lead to a decrease in the overall supply of drum head and an increase in the equilibrium price of drum heads in the market,everything else held constant.</h2>

Explanation:

  • An increase in the price of the main component used in drum head production by 9% implies an increase in the overall cost or expense of producing drum heads by the drum head producers or firms.
  • Hence,a price increase of the main component used to make drum heads will lead to a decrease in the total or overall supply of drum heads in the market,illustrated by a leftward or upward shift of the market supply curve of drum heads in the graphical model of drum heads market.
  • Now,as the market supply curve for drum heads shift rightward or upward,the equilibrium price of drum head in the market will increase,as the market supply of heads have decreased with no change in the market demand of drum heads and everything else being held constant.
4 0
3 years ago
Describe the method of write off?
FrozenT [24]
I need more details to answer this
8 0
3 years ago
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