Answer:
Accommodation
Adventure and Recreation
Attractions
Events and Conferences
Food and Beverage
Tourism Services
Transportation
Travel Trade
Explanation:
Choose 6 that you think are really serious.
Answer:
6.65
Explanation:
Firstly, we need to calculate company revenue as below;
Asset turnover = Company revenue/Company Asset => Company revenue = Company Asset x Asset turnover = 613,000 x 1.08 = 662,040.
Next, we will calulate company net income as below:
Net profit margin = Net income/Company revenue => Net income = Net profit margin x Company revenue = 6.2% x 662,040 = 41,046.48.
Finally, price-earnings ratio is calulated as below:
Price-earnings ratio = Stock price/Earning per share = 13/(41,046.48/21,000) = 6.65
Answer:
(B) Cost of goods purchased
Explanation:
While a merchandising company buys goods from its suppliers (goods purchased) and adds this to its opening inventory to determined the quantity of goods it has available for sale (goods available for sale), a manufacturing firm makes the goods to be sold (goods manufactured) and add to its opening inventory of finished goods to determine the same metric (quantity of goods available for sale).
This relationship can be seen when the trading account of both firms are compared.
Answer:
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Answer:
Annual deposit= $37,714.37
Explanation:
Giving the following information:
The villa costs $500,000 today, and housing prices in Mexico are expected to increase by 6% per year. Manny and Irene want to make fifteen equal annual payments into an account, starting today, so there will be enough money to purchase the villa in fifteen years.
The account earns 10% per year.
First, we need to calculate the final value of the house with the following formula.
FV= PV*(1+i)^n
FV= 500,000*(1.06^15)=$1,198,279.1
Now, we can calculate the annual payments required:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,198,279.1*0.10)/[(1.10^15)-1]
A= $37,714.37