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3 years ago

After 160 customer reviews for the hotel, 65% were Excellent

Business

1 answer:

Aneli [31]3 years ago

4 0

Answer: 104 reviews

Explanation:

Number of customers reviews = 160

Percentage of customer reviews that were excellent= 65%

Number of customer reviews that were excellent will be:

= 65% × 160

= 65/100 × 160

= 0.65 × 160

= 104

104 reviews were excellent.

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If an investor strongly believes that the stock market is going to have a sharp decline shortly, he or she could maximize profit

zhuklara [117]

The correct explanation is option (a), "short selling stock-index futures contracts".

<h3>What is short selling stock-index futures contracts?</h3>

When you buy a futures contract to "short sell," you are doing so with the intention of selling it later at a lower (ideally) price. Unlike the stock market, there is no requirement for financing.

The working of short selling stock-index future contracts is-

The concept is to obtain anything you don't already own on loan, sell it, and then return it.
Even though you will now receive the funds, you still owe the money you borrowed.
You eventually have to return it.
You make money if you can later purchase it for a lower price.

The future contract can be shorted by-

By locking in a price through the directional hedge known as shorting the basis, any asset price changes are effectively eliminated until the futures contract expires.
When shorting the basis, a long hedger prefers a narrowing in the basis.

To know more about the futures in contract, here

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2 years ago

What is true in a market structure characterized by monopolistic competition?

nataly862011 [7]

Answer:

C)Many firms operate in the market and produce similar, but differentiated products.

Explanation:

A monopolistic market structure has many firms competing for the same customers. Although the firms sell similar products, each tries to make their products different from the rest. Each firm can set its price because the products are differentiated. Other characteristics of monopolistic competition include

Freedom of entry and exit.
There many sellers and buyers
Each firm sets its product price

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3 years ago

Viral promotion involves: Group of answer choices sending a pre-written set of messages to customers or prospects over time. off

marta [7]

Answer:

leveraging a firm's customers to promote a product or service

Explanation:

Viral promotion is a form of marketing in which a good or service is promoted using a firms' social network,

For example, if a firm is about to launch a new product and it wants to do a viral promotion, it would make use of the firms existing customers to promote the good

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3 years ago

Are export tariffs illegal in the United States?

scoray [572]

Answer:

yes, however, it is legal if congress gives consent.

Explanation:

Article I, § 10, clause 2 of the United States Constitution, known as the Import-Export Clause, prevents the states, without the consent of Congress, from imposing tariffs on imports and exports above what is necessary for their inspection laws and secures for the federal government the revenues from all tariffs on imports and exports. Several nineteenth century Supreme Court cases applied this clause to duties and imposts on interstate imports and exports. In 1869, the United States Supreme Court ruled that the Import-Export Clause only applied to imports and exports with foreign nations and did not apply to imports and exports with other states, although this interpretation has been questioned by modern legal scholars.

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4 years ago

Read 2 more answers

Prepare the journal entries to record the following transactions on Sunland Company's books using a perpetual inventory system.

Volgvan

Answer:

a. March 2, 202x, merchandise purchased on account from Splish Brothers, credit terms 2/10, n/30

Dr Merchandise inventory 885,600

Cr Accounts payable 885,600

b. March 6, 202x, defective/wrong merchandise returned to Splish Brothers

Dr Accounts payable 110,200

Cr Merchandise inventory 110,200

c. March 12, 202x, paid invoice to Splish Brothers within discount term

Dr Accounts payable 775,400

Cr Cash 759,892

Cr Purchase discounts 15,508

purchase discount = purchase balance x 2% = $775,400 x 2% = $15,508

8 0

3 years ago