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masya89 [10]
2 years ago
9

Why can most people in Hospitality and Tourism careers succeed with a secondary education as their highest level of education? M

ost workers will start advanced jobs with this level of education. Most workers are working on a seasonal basis in Hospitality and Tourism careers. Most workers receive on-the-job training to learn what they need to know. Most workers take post-secondary classes to work in Hospitality and Tourism careers.
Business
1 answer:
Free_Kalibri [48]2 years ago
7 0

Most people in Hospitality and Tourism careers get success with secondary education only as they receive on-job training to learn what they need to know.

<h3>What is a Hospitality and Tourism career?</h3>

Hospitality and Tourism career jobs involve providing planning, management, food, recreation, travel,  and similar services. These jobs provide higher monetary perks.

No minimum education is required to get a job in a hospitality and tourism career. This industry values experience more than education.

People are more likely to get success in hospitality and tourism as they learn and update themselves while doing the job. On-job training is an essential advantage of these careers.

Therefore, the correct option is c.

Learn more about hospitality and tourism career here:

brainly.com/question/2789223

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In the past year, TVG had revenues of $2.95 million, cost of goods sold of $2.45 million, and depreciation expense of $178,000.
Firdavs [7]

Answer:

3.5

Explanation:

Computation for the firm’s times interest earned ratio

Revenues$ 2.95 million

Cost of goods sold$ 2.45 million

Depreciation expense$ 178,000.00

Book values of Debt outstanding$ 1.15 million

Interest rate8.00

First step is to calculate for the EBIT

Using this formula

EBIT= Revenues -(Cost of goods sold +Depreciation expense$ 178,000.00)

EBIT=$2,950,000-($2,450,000+$178,000)

EBIT=$2,950,000- $2,628,000

EBIT=$322,000

Second step is to find the Interest

Using this formula

Interest =Debt outstanding with book value ×Interest rate

Let plug in the formula

Interest =$1,150,000×8%

Interest =$92,000

Now let find the firm’s times interest earned ratio

Using this formula

Firm’s times interest earned ratio=EBIT/INTEREST

Where,

EBIT=$322,000

INTEREST=$92,000

Let plug in the formula

Firm’s times interest earned ratio=$322,000/$92,000

Firm’s times interest earned ratio =3.5

Therefore the firm’s times interest earned ratio will be 3.5

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Answer:

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