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Sergeeva-Olga [200]
2 years ago
13

Suppose you are planning a summer vacation and book a hotel room online for $149 a night. However, when you get to the reservati

on screen, you are informed that you will be charged an additional $30 a night in various taxes that you have to pay to the hotel.
Indicate whether each of the given factors is likely to raise the economic burden of the tax for you or for the hotel. (for each of the following)
i- A hurricane recently ravaged the area, resulting in many vacancies at competing hotels.
ii- There are many other hotels in the area
iii- It is the peak of tourist season
iv- The hotel has unique architecture and is considered a historical landmark.
Business
1 answer:
Anettt [7]2 years ago
3 0

Answer:

iii

Explanation:

Most of the time hotels will charge more when more rooms are booked, so when you book your hotel room, and many rooms are booked, most people do get charged more.

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Madison Company issued an interest-bearing note payable with a face amount of $30,000 and a stated interest rate of 8% to the Me
kondaur [170]

Answer:

zero

Explanation:

It will be Zero. Because its not an operating activity. It will come under Finance activity in the cash flow of Madison company .

5 0
3 years ago
As a result of a thorough physical inventory, Sheridan Company determined that it had inventory worth $320800 at December 31, 20
uranmaximum [27]

Answer:

Sheridan Company

The correct amount of inventory that Sheridan should report is:

= $367,100

Explanation:

a) Data and Calculations:

December 31 Inventory based on physical inventory =      $320,800

Goods held on consignment by Herschel =                            46,300

December 27, FOB destination goods ($22,000)                   0

Correct amount of inventory that Sheridan should report $367,100

b) Goods on consignment are generally the property of the consignor (supplier) and not the consignee's (retailer's).  Therefore, they must appear in the balance sheet of the consignor.  Goods on FOB destination remain the property of the supplier until they reach the buyer's destination.  This is why it is not included above.

6 0
3 years ago
The Tragedy of the Commons will be evident when a growing number of sheep grazing on the town commons leads to the destruction o
alexdok [17]

Answer:

the answer is C. auction off a limited number of sheep-grazing permits.

Explanation:

7 0
3 years ago
A change in location with respect to a reference point is ___ <br> PLEASE HELP!!!
balandron [24]

Answer:

Motion.

Explanation:

Motion can be defined as a change in location with respect to a reference point.

This ultimately implies that, motion would occur as a result of a change in location (position) of an object with respect to a reference point or frame of reference i.e where it was standing before the effect of an external force.

Mathematically, the motion of an object is described in terms of acceleration, time, distance, speed, velocity, displacement etc.

3 0
3 years ago
1) Decide whether you would expect relationship between the following pairs of dependent and independent variables (respectively
kvasek [131]

Answer:

(a) GDP is a dependent variable and aggregate net investment is a independent variable. There is a positive relationship between the variables which means that an increase in the net investment will lead to increase GDP.

(b) There is a negative relationship between the variables which means that as the supply of wheat increases, as a result price of wheat falls. So, as the number of acres of wheat planted in a season  increases as a result price of wheat decline.

(c) There is a negative relationship between the variables which means that an increase in the interest rate in an economy will lead to increase the cost of borrowings and hence, net investment falls.

(d) There is a negative relationship between the variables because of the law of demand. It states that an increase in the price of a commodity will lead to reduce the quantity demanded for that commodity.

(e) There is no relationship between these variables. Both the variables are totally uncorrelated.

4 0
3 years ago
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