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2 years ago

What is the importance of the Transportation sector in the Tourism Industry and it's impact to other industries ?

Business

1 answer:

Strike441 [17]2 years ago

7 0

Explanation:

importance of transport sector in tourism.??

the importance/ I live near GALENA TERRITORY, NW IL..

tourism stop in Galena, il..

many businesses depend on tourism../

downtown galena depends on tourism to make up for lost Income in off months in this area.

downtown Galena, .. advertises, ski areas, & other activities..2 draw in vacationers..

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Frasquita acquired equipment from the manufacturer on 6/30/2021 and gave a noninterest-bearing note in exchange. Frasquita is ob

Sladkaya [172]

Answer:

$525,000

Explanation:

Calculation to determine what amount would it have recorded the equipment for on 6/30/2021

First step is to calculate the total interest for 10 months;

Based on the information given since the amount of $15,000 was the interest for 6 months in the year 2021 in which the note lasted for 10 months the total interest will be:

Total Interest = 10months/6months x $15,000 Total Interest=$25,000

Now let calculate 6/30/2021 Equipment

6/30/2021 Equipment=$550,000-$25,000

6/30/2021 Equipment=$525,000

Therefore what amount would it have recorded the equipment for on 6/30/2021 is $525,000

3 0

3 years ago

Larry Mitchell invested part of his $ 24 comma 000 advance at 4 % annual simple interest and the rest at 7 % annual simple inter

mariarad [96]

Answer:

Amount invested at 4% is $14,000

Amount invested at 7% is $10,000

Explanation:

Data provided in the question:

Total amount invested = $24,000

Total yearly interest = $1,260

Now,

Let the amount invested at 4% annual simple interest be 'x'

Thus,

the amount invested at 7% annual simple interest will be $24,000 - x

Total interest earned = Interest at 4% + Interest at 7%

$1,260 = 0.04x + 0.07(24,000 - x)

$1,260 = 0.04x + 1680 - 0.07x

-420 = -0.03x

x = $14,000

Hence,

Amount invested at 4% is $14,000

Amount invested at 7% is (24,000 - 14,000) = $10,000

6 0

3 years ago

Successful marketing focuses solely on selling more products. continues long after the product is purchased. ends once the produ

PSYCHO15rus [73]

Answer:

The most effective marketing strategies are those that are targeted toward a specific audience.

Explanation:

The most effective marketing strategies are those that are targeted toward a specific audience,focused on key benefits based on the audience's point of view and interests, and delivered at an appropriate time, when the audience is most likely to be attentive to and interested in the message being delivered.

Successful marketing focuses solely on selling more products. continues long after the product is purchased. ends once the product is sold to consumers. includes preproduction through selling the product.

6 0

3 years ago

Classic Limo, Inc. provides limousine service to Tri-Cities airport. The price of the service is fixed at a flat rate for each t

Illusion [34]

Answer:

1) See the attached excel file for the analysis of the possible operating income for Classic Limo, Inc.

2) The scenario with the highest operating profit $280,500 which is Excellent with $40 Contribution Margin and 10,500 Numbers of Customers.

Explanation:

1) Using the above information, construct an Excel spreadsheet to prepare an analysis of the possible operating income for Classic Limo, Inc.

Note: See the attached excel file for the analysis of the possible operating income for Classic Limo, Inc.

2) If you were manager of Classic Limo, Inc. and had to choose only one budget scenario to use for planning for the year, which one of the nine scenarios would you choose?

The scenario that would be chosen is the scenario with the highest operating profit $280,500 which is Excellent with $40 Contribution Margin and 10,500 Numbers of Customers.

Download xlsx

4 0

3 years ago

How long will it take for the dollar's purchasing power to be 3/4ths of what it is now, if the general inflation rate is expecte

vaieri [72.5K]

Answer:

5.61 years

Explanation:

Let the Present value be 'x'

Data provided in the question:

Future value = $\frac{3}{4}x$

Inflation rate, i = 5% = 0.05

Now,

Using the compounding

let number of years be n

thus,

Future value = Present value × [ 1 - inflation rate ]ⁿ

$\frac{3}{4}x$ = x × (1 - 0.05)ⁿ

0.75 = 0.95ⁿ

on taking log on both the sides , we get

log(0.75) = n × log(0.95)

-0.125 = n × (-0.0223)

n = 5.61 years

or, n = 11.89 years

8 0

3 years ago