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Nataly [62]
3 years ago
12

What is the hospitality and tourism industry? What is included in this industry?

Business
1 answer:
kakasveta [241]3 years ago
7 0
The hospitality industry is a broad category of fields within service industry that includes lodging, event planning, theme parks, transportation, cruise line, and additional fields within the tourism industry.
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Answer:

The correct answer is A. replace an existing product group

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The replacement of products by services inspires an important transformation towards a culture of sustainability throughout the value chain. It is a strategy that leverages market forces as a source of society's change.

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Debt Book Equity Market Equity Operating Income Interest Expense Firm A 500 300 400 100 50 Firm B 80 35 40 8 7 1. What is the ma
trapecia [35]

Answer:

Data for Question

<u>Debt</u>  <u>Book Equity</u>  <u>Market Equity</u>  <u>Operating Income</u>  <u>Interest Expense</u>

Firm A

500       300                  400                       100                          50

Firm B

80          35                    40                           8                             7

1.

Market debt-to-equity ratio = Debt of Firm / Market Equity

Firm A = 500 /400 = 1.25

Firm B = 80 / 40 = 2

2.

Book debt-to-equity ratio = Debt of Firm / Book Equity

Firm A = 500 /300 = 1.67

Firm B = 80 / 35 = 2.29

3.

Interest coverage ratio = Operating Income / Interest Expense

Firm A = 100 /50 = 2

Firm B = 8 / 7 = 1.14

4.

Firm B will have more difficulty meeting its debt obligations because it has higher debt equity ratio and lower interest coverage ratio than Firm A.

3 0
3 years ago
A small manufacturer of custom cabinets wants to expand sales but does not wish to get involved directly with selling or any oth
melomori [17]

Answer:

If the manufacturer does not want to be involved in any sales or marketing activities, he will probably have to employ a sales agent to handle those activities.

Explanation:

A sales agent is an individual or a firm that is employed by a manufacturer to handle the sales and/or distribution of goods within an assigned territory.  

4 0
4 years ago
Read 2 more answers
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