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Elena L [17]
3 years ago
12

The 100-room Fantastic Florida motor lodge accepts only cash for its guests. On Saturday evening the hotel had 90 of its rooms o

ccupied and total cash receipts for the evening totaled $9,000.00. What was the motor lodge's average daily rate (ADR) for that particular evening?
Business
1 answer:
Fudgin [204]3 years ago
3 0

Answer: 100.00

Explanation:

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Why are "growth" and "development" not interchangeable terms?
o-na [289]

Hey there

the answer is

Growth  normally refers to increase in the size of the system, while "development" usually refers to improvement

thank you

OFFICIALLYSAVAGE2003

3 0
3 years ago
Monthly rates of return are as follows: January = 2.800%, February = 4.950% and March = 3.540%. The monthly time-weighted rate o
Julli [10]

Answer:

3.76% will be the rate of return per month

while 11.71% the rate of return for the quarter

Explanation:

We have to look for a rate which is equivalent to this three rates.

(1+r_1)(1+r_2)(1+r_3) = (1+r_e)^3\\(1+.028)(1+.0495)(1+.0354)=(1+r_e)^3\\\\\sqrt[3]{1,1170785644} -1 = r_e\\r_e = 0.037595086

7 0
2 years ago
Plato​ Industries' projected sales for the first six months of 2012 are given​ below:
sveticcg [70]

Answer:

help

Explanation:

6 0
2 years ago
Read 2 more answers
Which of the following factors would be most likely to lead to an increase in nominal interest rates?
siniylev [52]

Answer:

The answers is: 3. A new technology like the Internet has just been introduced, and it increases investment opportunities.

Explanation:

Given there is higher demand for investment opportunities, borrowers in the economy will compete for funding while there is no change in the supply of funding, moreover, inflation rate has been constant which will finally lead to the increase in nominal interest rates.

1. Households reduce their consumption and increase their savings is not correct because higher saving will decrease interest rate as there is higher supply of funding.

2. There is a decrease in expected inflation is not correct as nominal interest rate is most likely to go down to keep real interest rate constant.

4. The economy falls into a recession is not correct as the situation will stimulate more saving and less consumption, less investment. Moreover, the Central Bank may also implement loose monetary policy which will decrease Nominal Interest rate.

5. The Federal Reserve decides to try to stimulate the economy is not correct as Federal Reserve will inject money into the economy, subsequently, nominal interest rate will go down.

8 0
3 years ago
The demand rate for raw material A is normally distributed with an average of 300 pints per day. The standard deviation of daily
andrew11 [14]

Answer:

the standard deviation of demand during the 4-day lead time is 30

Explanation:

the computation of the standard deviation of demand during the 4-day lead time is given below;

= Sqrt(Lead time) × Std deviation daily demand

= Sqrt(4) × 15

=2  × 15

= 30

Hence, the standard deviation of demand during the 4-day lead time is 30

4 0
3 years ago
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