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Dafna1 [17]
3 years ago
11

A combination of news covered by the media that boosts sales without having to pay is best described by the term ________.

Business
1 answer:
Mashcka [7]3 years ago
3 0
<span>A combination of news covered by the media that boosts sales without having to pay is best described by the term public relations.
Public relation is a key correspondence process that constructs mutually beneficial connections amongst associations and their public.We can also define Public relations as the act of overseeing correspondence between an association and its public.</span>
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On December 18, Intel receives $260,000 from a customer toward a cash sale of $2.6 million for computer chips to be completed on
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When a consumer borrows money, the lender will ask the borrower to sign:
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a lender's agreement.

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Perfectly competitive firms will: increase output up to the point that the marginal revenue of an additional unit of output is e
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Answer:

increase output up to the point that the marginal revenue of an additional unit of output is equal to the marginal cost.

Explanation:

In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Generally, a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.

Perfectly competitive firms always strive to maximize profits by increasing their level of output, such that P = MC.

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3 years ago
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The Alston Inn is managed by Inns, Inc. The management contract requires 6 percent of total revenue to be transferred to the rep
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Answer:

1.) Inn's annual total revenue = $7,300,000

2.) Inn's annual net operating income = $1,095,000

3.) Inn's debt service coverage ratio for the year = 9.13

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The room revenue is first calculated as follows:

Room revenue = Number of guestrooms * ADR * Percentage of occupancy * 365 days = 200 * $100 * 70% * 365 = $5,110,000

We can now proceed as follows:

1.) Determine the Inn's annual total revenue.

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Annual net operating income = Total revenue * 15% = $7,300,000 * 15% = $1,095,000

3.) Determine the Inn's debt service coverage ratio for the year.

Debt service coverage ratio = Net operating income / Annual debt service = $1,095,000 / ($10,000 * 12) = 9.13

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3 years ago
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