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zheka24 [161]
3 years ago
10

QUESTION 9 of 10: You bid $111 per room per night for 40 guests for one night. The meeting planner says you've got the business

If you
can come down 10% on the bid. What new total bld will win the business?
Business
2 answers:
Serggg [28]3 years ago
6 0
The answer to your question is 4,000 dollars. 40x111 is 4440 and ten percent of that is 440 so you subtract the two numbers and your total is 4000. Hope this helps
yuradex [85]3 years ago
3 0

Answer:

$3,996.00

Explanation:

The current bid represents 100%. the total for this bid is below

=$111 x 40 rooms

=$4,440.00

The new bid should be 10% less than the original bid. in other words, the new bid is 90% of the original bid

=90% of $4,440.00

=90/100 x $4,440.00

=0.9 x $4,440

=$3,996.00

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Answer:

2021 Balance Sheet

$5,900     Cash

$29,000   Accounts Receivable

$6,500      short-term investments

$69,000   Inventory

$110,400   TOTAL CURRENT ASSETS  

$ 165,000  Property, plant, and equipment (net)  

$165,000  TOTAL NON CURRENT ASSETS  

$275,400  TOTAL ASSETS  

$48,000   Accounts Payable  

$1,000       Interest Payable  

$20,000    Salaries Payable  

$69,000   TOTAL CURRENT LIABILITIES  

$39,000   Long Term Notes Payable  

$39,000   TOTAL NON CURRENT LIABILITIES  

$108,000  TOTAL LIABILITIES  

$145,000  Paid in Capital  

$22,400   Retained Earnings  

$167,400  TOTAL EQUITY  

$275,400  TOTAL EQUITY + LIABILITIES  

Explanation:

To complete the Total Current Assets is necessary to find the Short Term Investments, which is possible to know because the current ratio must be 1,6.

With this information it's possible to know that the total current Asssets are $110,400, and the Short Term Investments are $6,500.

To complete the Balance Sheet we need to know the total Retained Earnings that equilibrate the Accounting equation, that is $22,400.

4 0
3 years ago
If a good is normal, then an increase in income will result in a(n) a. increase in the demand for the good. b. decrease in the d
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Answer:

a. increase in the demand for the good.

Explanation:

As we know that

In the case of normal goods, there is a positive relationship between the income and the quantity demand. If the income rises, the quantity demand is also rising and vice versa

But in the case of inferior goods, it shows an inverse relationship between the income and the quantity demand. If the income rises, the quantity demand is falling and vice versa

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Regarding organizational buying, the people who have the power to select or approve the supplier- especially for larger purchase
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BSW Corporation has a bond issue outstanding with an annual coupon rate of 7 percent paid quarterly and four years remaining unt
Liono4ka [1.6K]

Answer:

$788.35

Explanation:

For computing the fair present value we need to apply the present value formula which is to be shown in the attachment below:

Given that,  

Future value = $1,000

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NPER =  4 years × 4 = 16 years  

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The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the formula, the fair present value is $788.35

3 0
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