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3 years ago

Give me atleast 2 question about mice industry

2 answers:

6 0

1. How has the growing economy contributed to the growing MICE industry?

2. When looking for meeting places, what are business meeting coordinators looking for primarily?

kondor19780726 [428]3 years ago

5 0

Answer:

1.How has the growing economy contributed to the growing mice industry?

2.Why does nobody know the size of mice market?

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Haberdash inc. last year reported sales of $12 million and an inventory turnover ratio of 3. the company is now adopting a just-

Sindrei [870]

Sales = $12,000,000

Inventory Turnover ratio (old) = 3
Inventory Turnover ratio (new) = 7.5
Freed up Cash = ?
So, let’s find out the freed up cash
 We know level of inventory are calculated as follows;
Inventory = Sales Inventory turnover ratio
Calculating $ value of old inventory
 Inventory Old=$12,000.0003
 =$7.5,000,000
 Calculating $ value of New inventory
 Inventory New=$12,000,0075
 =$3,000,000
 The freed up cash would be=Old Inventory – New Inventory
 =$7.5,000,000 - $3,000,000
=$4.5,000,000

6 0

3 years ago

Read 2 more answers

Choose a country (not the U.S.) and describe how, in your view, starting up a firm in that foreign country would be different fr

Serggg [28]

Answer:

The description is for Colombia.

Explanation:

In Colombia and any Latin American country, the business creation process is usually more complicated due to the different types of legal procedures that must be carried out, which often ends up increasing informality levels. In the United States, the process is usually easier, since it takes no more than three days and can be done electronically. In Colombia, for example, a different procedure must be carried out for each national or territorial body (local and national taxes), commercial constitution, among other procedures that take approximately one month to complete. In addition, many of these obligations require the advice of a certified accountant who is the most suitable professional to carry out this procedure.

7 0

4 years ago

Jacob impresses his friends by stating that he just cast four votes in the election of the board of directors of Epic Electronic

dusya [7]

Options: A. Preferred B. Cumulative preferred C. Registered D. Common.

Answer:D. Common

Explanation: Common stocks are stocks which are sold either through the Stock markets or through public offerings which gives the owner a partial right to the ownership of the firm.

Common stocks owners have certain rights in Organisations which include the RIGHT TO VOTE, THE RIGHT TO ENJOY DIVIDEND etc.

Common stock is the type of stock which the majority of the investors in a corporation own.

8 0

4 years ago

A 15-year, annual coupon bond is priced at $984.56. The bond has a $1,000 face value and a yield to maturity of 6.5 percent. Wha

Bess [88]

Answer:

6.35%

Explanation:

you can use the yield to maturity formula to determine the coupon:

YTM = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

0.065 = {coupon + [(1,000 - 984.56) / 15]} / [(1,000 + 984.56) / 2]

0.065 = {coupon + 1.029} / 992.28

64.4982 = coupon + 1.029

coupon = 63.47

coupon rate = 63.47 / 1,000 = 0.06347 = 6.35%

3 0

3 years ago

Sam Hinds, a local dentist, is going to remodel the dental reception area and add two new workstations. He has contacted A-De

Inga [223]

Answer:

Sam will pay $937.43 weekly or $71.64 quarterly.

The weekly plan has less total cash outflow each year because it involves lower interest charges as the payment is made more frequently.

Sam will have to pay $117.18 if the loan calls for quarterly payments.

Explanation:

The cash outflows are calculated using the PMT formula or function as follows.

Quarterly Payment:

PMT(rate = 0.08/4, nper = 8x4, pv = 22000, fv = 0, 0) = $937.43

Weekly Payment:

PMT(rate = 0.08/52, nper = 8x52, pv = 22000, fv = 0, 0) = $71.64

Annual cash outflow using quarterly payment = $937.43 x 4 = $3749.72

Annual cash outflow using weekly payment = $71.64 x 52 = $3725.28

The weekly plan has $3749.72 - $3725.38 = $24.44 less total cash outflow each year because it involves lower interest charges as the payment is made more frequently.

Sam will have to pay $3749.72 / 32 = $117.18 if the loan calls for quarterly payments.

7 0

4 years ago