Answer:
A. The travel industry changed from a consolidated structure to a fragmented one.
Explanation:
In the given passage, the speaker talks of the change in the way travels are managed. Initially, few large travel agencies took control of the way travel is arranged, from booking tickets to managing hotel rooms.
But as the internet grew and many people are able to access it, travels, accommodations, etc. are being managed by the individuals themselves or even smaller travel agencies are able to do the work without the need for such large companies to be involved.
This shows that the travel industry changed from a consolidated, large companies structure to a fragmented one, that of smaller agencies and even individuals themselves.
Thus, the correct answer is option A.
Answer:
$26,700 excess
Explanation:
The amount of deficiency or excess can be determined only when the ending cash balance is known. The ending cash balance is the addition of the net movement in cash to the opening cash balance.
The net movement is the difference between the total receipts and the total payments or disbursement.
Total receipts for January
= $1,061,200
Total payments
= $984,500
Net movement = $1,061,200 - $984,500
= $76,700
Ending balance = $290,000 + $76,700
= $366,700
If the minimum cash requirement is $340,000
The amount of the (deficiency)/excess cash (after considering the minimum cash balance required) for January
= $366,700 - $340,000
= $26,700
Answer: not at all
Explanation:
not enough information to advise “negative” or “positive”
Answer:
(B) NAV per share is calculated by subtracting the liabilities of the fund from the total assets of the fund, then dividing this number by the total number of shares currently outstanding.
Explanation:
The Net asset value(NAV) of any mutual fund corporation can be determined using below mentioned formula:
Net asset value(NAV) per share=(Current market value of all assets - liabilities)
/Total number of shares outstanding.
Based on the above formula, the statement which best describe the computation to arrive at NAV per share is
(B) NAV per share is calculated by subtracting the liabilities of the fund from the total assets of the fund, then dividing this number by the total number of shares currently outstanding.
Answer: See explanation
Explanation:
The reasons for the difference in wages include:
1. Education and training: A nurse uses about 4-5 years to train to become a nurse while a surgeon uses about 15 years both at medical school and for further training and examination before he or she qualifies as a surgeon. This is a reason for the higher earning of the surgeon.
2. Also, due to the low barriers to entry, there are numerous nurses than surgeons who are few. This affects earnings as well as there are more supply of nurses which brings about a lower income than surgeons who are scarce and highly priced.
3. The skills and experience matters as well and the risks involved in their jobs results in wage difference too.
