If a hotel's total room revenue for the night is $42,800 and 200 rooms were sold or occupied, then the ADR = $214, even though guests may have paid a bit more or a bit less for their individual rooms.
To calculate the ADR (Average Daily Rate) for the hotel, you need to divide the total room revenue by the number of rooms sold or occupied. In this case, the total room revenue is $42,800, and 200 rooms were sold or occupied.
Step 1 : Identify the total room revenue and the number of rooms sold or occupied.
Total room revenue = $42,800
Number of rooms sold or occupied = 200
Step 2 : Divide the total room revenue by the number of rooms sold or occupied.
ADR = Total room revenue / Number of rooms sold or occupied
ADR = $42,800 / 200
Step 3 : Calculate the ADR.
ADR = $214
Therefore, if a hotel's total room revenue for the night is $42,800 and 200 rooms were sold or occupied, then the ADR equals $214, even though guests may have paid a bit more or a bit less for their individual rooms.
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Due to the presence of unanticipated inflation, use the
relationship between inflation,
nominal and real income and interest rate to highlight the winners
and losers in the labour
and financial market
Due to the presence of unanticipated inflation, the relationship between inflation, nominal and real income, and interest rates can highlight the winners and losers in the labor and financial markets. Inflation causes the overall price level to rise, which reduces the purchasing power of money.
This impacts real income, which is the income adjusted for inflation, and nominal income, which is the income not adjusted for inflation.
Winners in the labor market are typically those who can negotiate higher nominal wages that outpace inflation, leading to an increase in their real income. Losers in the labor market are those who cannot secure higher nominal wages, resulting in a decrease in their real income due to inflation eroding their purchasing power.
In the financial market, borrowers who have fixed-interest rate loans can be winners during unanticipated inflation, as the real interest rate (nominal interest rate minus inflation rate) decreases. This effectively reduces their borrowing costs.
On the other hand, lenders and investors with fixed interest rate assets, like bonds, become losers as their real interest rate decreases, lowering their returns.
In summary, unanticipated inflation can create winners and losers in the labor and financial markets. Those who can secure higher nominal wages or have fixed interest rate loans may benefit, while those who cannot increase their wages or have fixed interest rate assets may suffer.
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In addition to saving money, what are some other ways you can show financial responsibility?
Answer:
you could start a savings a acount or a 401k plan to help with future problems or you could save for a new car.
Explanation:
What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?
Low, high levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.
Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.
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Investors minimize risk by investing money in __________. A. one specific company B. a variety of companies C. newly-formed corporations D. companies that are competitors Please select the best answer from the choices provided A B C D
Answer: B. a variety of companies
Explanation:
Investors minimize risk by investing money in a variety of companies. The reason for this is to minimize risk. Investing in one specific company isn't ideal because in the case of the company running at a loss, the investor loses all his or her money as well.
On the other hand, when the investor invest in different companies, the risk is minimized. When one company isn't doing well, others will probably be doing well.
the t account is a summary device that is shped like a capital t with debits poseted on the left side of the fvertical line and credits posted of the right side of the vertical line
The summary device known as the T-account is shaped like a capital "T" and is divided into two sides: the left side represents debits, and the right side represents credits.
In a T-account, debits are posted on the left side of the vertical line, while credits are posted on the right side of the vertical line. This follows the fundamental principle of double-entry bookkeeping, which states that every transaction has an equal amount of debits and credits. By using T-accounts, accountants can easily see the balance and movement of specific accounts.
For example, let's consider a T-account for the cash account. Any increase in cash would be recorded as a debit on the left side of the T-account, while any decrease in cash would be recorded as a credit on the right side. By analyzing the entries in the T-account, one can determine the current balance of the cash account.
Overall, T-accounts serve as a practical tool for organizing and summarizing financial information, ensuring accuracy in recording transactions, and facilitating the preparation of financial statements. They provide a clear visual representation of debits and credits, making it easier to understand the impact of transactions on specific accounts and the overall financial position of an entity.
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The organization that works with companies on recalls of unsafe products (such as lead-paint laden Thomas the Train toys) is
The organization that works with companies on recalls of unsafe products is known as The Consumer Product Safety Commission (CPSC)
What is Consumer Protection?This refers to the agency or body that is charged with the quality of goods and/or services that consumers buy and use.
Hence, we can see that the Consumer Product Safety Commission (CPSC) in America is the agency that is charged with helping with the safe recall of defective or unsafe products to protect the consumers.
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URGENT!!! PLEASE HELP Match the steps with description. In order from 1-9
- Finalize recruitment
- Develop position description
- Select candidate
- Conduct interviews
- Assemble selection committee
- Identify vacancy and evaluate need
- Develop recruitment plan
- Review applicants and develop short list
- Post position and implement recruitment plan
In order:
Identify vacancy and evaluate need
Develop position description
Develop recruitment plan
Post position and implement recruitment plan
Review applicants and develop short list
Assemble selection committee
Conduct interviews
Select candidate
Finalize recruitment
oman had a fourth bedroom built onto her house last year that cost $75,000. A recent appraisal valued the bedroom at $52,000. This demonstrates the principle of
Answer: Contribution
Explanation:
The principle of Contribution explains the notion that when an improvement is made to a property, that improvement is to be valued at the contribution it makes to the market value of property as a whole instead of its construction cost.
Oman's fourth bedroom contributed $52,000 to her house so this is what it will be valued at instead of its cost of $75,000.
the form of bond issue in which the registrar of the company records ownership of each bond, with relevant payments made directly to the owner of record, is called
The Registered Form is the type of bond issue in which the company's registrar records ownership of each bond and makes relevant payments directly to the owner of record.
How does a registered form bond work?
A debt instrument known as a registered bond has the information of its bondholders recorded with the issuing party.Issuers ensure that they are paying the correct person the bond's coupon payments by archiving the owner's name, address, and other information.
What is the kind of bond gave by an organization?
A corporate bond is a type of debt security sold to investors by a company.The investor receives a predetermined number of interest payments at either a fixed or variable interest rate in exchange for the company receiving the necessary capital.
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how can a business meet customer needs
the similarities of African countries
The similarities between African countries are:
Background on Agriculture in Africa
Despite the great potential for agricultural production in Africa,UNDP states that about 73% of the poor people living in rural areas subsist on less than a dollar a day.In addition, the continent has about 200 million of the world’s hungry people (Millennium Development Goals (MDGs) Technical Support Centre.Furthermore, available statistics suggest that about one-third of the continent’s population is malnourished.Africa is also the only continent where food production has been falling over the years.One of the maximum famous suggestions for the origins of the time period 'Africa' is that it's far derived from the Roman call for a tribe living in the northern reaches of Tunisia, believed to possibly be the Berber human beings. The Romans variously named these human beings 'Afri', 'Afer', and 'If'.
It is brimming full of big things. As the second biggest continent in the world, Africa is jam-full of a number of the world's biggest things: the biggest desolate tract within the globe, the Sahara wilderness (explore it on our Morocco itineraries). The longest river in the world, the Nile River, runs for 6,853km (4,258mi).
Luxembourg is a small, landlocked U. S . Positioned in western Europe and bordered by means of Belgium, France, and Germany. With a population of 642,371, Luxembourg is the simplest Grand Duchy in the world. Its GDP in keeping with a capita of $a hundred and forty,694 makes it the sector's richest.
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What happens when QuickBooks Online doesn't find a rule that applies to a transaction?
It looks for a matching transaction
It tries to suggest a category based on past transactions with the same vendor name
It records the transaction using the same category and vendor name as past transactions
It leaves the category (account) field blank
When QuickBooks Online doesn't find a rule that applies to a transaction, it does not automatically look for a matching transaction or suggest a category based on past transactions with the same vendor name.
Instead, it typically leaves the category (account) field blank. QuickBooks Online relies on rules to automatically categorize transactions based on predefined criteria. If no rule is found that matches the transaction, it does not make any assumptions or changes to the transaction's category or vendor name. It is then up to the user to manually assign the appropriate category or account to the transaction.
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In which of the following situations would it be MOST beneficial to hire a financial adviser?
A. I’m a senior in college, am about to graduate, and need to create a plan for paying off my student loans.
B. I have a car loan, a large student loan, and a backlog of unpaid medical bills that I’m struggling to keep up with.
C. I’m having a hard time tracking my expenses and income, and want to establish a solid monthly budget to better manage my money.
D. I have a $1,250 credit card bill with a 22% interest rate that I’m trying to pay off.
*
Every year,
large public corporations commit fraud.
3 out of 7
5 out of 7
O
1 out of 7
4 out of 7
Item 6 You have a point-of-sale data set that provides information on time of sale, products bought, and payment methods customers used to complete their purchases. You want to compare purchases made by cash versus those made by credit card. How should the data be best prepared to make comparisons between the two types of purchases
To compare purchases made by cash versus those made by credit card in the given point-of-sale data set, the data should be best prepared by filtering out all other payment methods except for cash and credit card.
This can be achieved by creating a new variable in the dataset that only includes values for cash and credit card payments. Once this is done, the data should be sorted based on the time of sale and the products bought. This will allow for a clear comparison between the two types of purchases. Additionally, it would be helpful to calculate the total amount spent on each type of payment method separately to see any trends or differences in spending habits between cash and credit card users.
filter the data set based on the 'payment methods' column to create two separate data sets - one for cash purchases and another for credit card purchases.Next, for each data set (cash and credit card), analyze the 'time of sale' and 'products bought' columns to gain insights into the trends and patterns associated with each payment method.Compare the trends and patterns between the two data sets to understand the differences in customer behavior when using cash versus credit card.By following these steps, you can effectively compare purchases made by cash versus those made by credit card using a point-of-sale data set.
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Which type of market is the one in which a person buys stock in the fast-food company that makes their favorite breakfast sandwich?
Product market
Factor market
Financial market
Closed market
The type of market is the one in which a person buys stock in the fast-food company is Financial market. Thus 3rd option is correct.
What is Financial Market?Any location or system that gives buyers and sellers the ability to trade financial assets, such as bonds, shares, the various international currencies, and derivatives, is referred to as a financial market.
The connection between people with capital to invest and those who need capital is facilitated by financial markets.
The kind of market where a consumer purchases shares of the fast-food chain that sells their preferred breakfast sandwich is referred as financial market.
Thus 3rd option is correct.
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Answer: Financial market
Explanation: stocks
can i doit without pay
Answer:
what?
Explanation:
Jerry is a student and is currently on a summer job. He hopes to save $2,000 for his short-, medium and long-term goals. Which of the following
is a long-term goal?
O A allocating funds for paying off his student loan
OB.
allocating funds for buying a house
OC. allocating funds for buying books for his next semester
OD
allocating funds for buying a new laptop
Answer:
OD
allocating funds for buying a new laptop
Explanation:
or A
HURRY! 20 points! Which of the following is the most important requirement for career advancement in art design?
creativity
interpersonal skills
experience
education
Answer:
creativity
Explanation:
i'm in art design and my teacher always pushes for creativity and neatness
Answer:
creativity or skill
Explanation:
What does URL stand for?
O A. United resource locator
B. Uniform resource locator
C. User resource locator
O D. Uniform reboot locator
Answer:
Uniform resource locator
The U.S. Fish and Wildlife Service helps protect endangered species.
t or f
It is true that the U.S. Fish and Wildlife Service helps protect endangered species.
What is service?A service refers to the act of providing assistance or performing work for someone else. This can take many different forms, including tangible goods like food or physical labor, or intangible services like consulting or counseling. Services can be provided by individuals, businesses, or governments, and can range from small-scale tasks to large-scale projects. In the modern economy, services are critical component of most industries. They can be used to help individuals or organizations solve problems, improve their efficiency, or achieve their goals. Service providers may charge a fee for their work, or they may be provided for free as part of a larger package. Overall, services are an essential part of the way we live and work, and they are likely to continue to play a key role in the global economy in the years to come.
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Which statement would be MOST important to include in a summary of the section "Karl Marx"? Marx theorized that capitalists would try to get more work from people for less pay. Marxism is more durable as a critique of capitalism than as a system for governing. Marx's idea about communism influenced the Russian Revolution in 1917. Marx thought that machines would make life dull and repetitive.
The most important claim about Karl Marx would be the theorizing that capitalists would try to get more work from people for less pay.
Who was Karl Marx?He was a German philosopher who developed the foundations of communism, a system that criticized capitalism and its doctrines. His most prominent theories are about the transition to communism, the class struggle, the Marxist theory of ideology and surplus value.
Therefore, the correct option for the question refers to surplus value, which was defined for Karl Marx as the difference between the value of the work produced by employees and their salary paid. For him, the surplus value is the work produced and not paid, being a condition of exploration of the capitalist system.
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Demand-oriented, cost-oriented, profit-oriented, and competition-oriented are four approaches used to set ______.
The 4 approaches to set approximate price level includes Demand-oriented, cost-oriented, profit-oriented, and competition-oriented.
In marketing, the determination of the price of a product or services can take different approach which includes:
Demand-oriented: This method attempts to set price at level that intended buyers are willing to pay.Cost-oriented: This method of pricing attempts to set price at the level that will cover the total cost incurred for producing the product.
Profit-oriented: This method of pricing attempts to set price at the level that guarantees the company's profitability
Competition-oriented: This method of pricing attempts to set price while considering competition of other company
Therefore, the four approaches are used to set approximate price level.
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A new business should be based on an entrepreneur’s individual interests because the entrepreneur must:
A. Have sufficient confidence to succeed
B. Be willing to take personal responsibility
C. Have enough determination to work alone
D. Dedicate as many hours as needed to the work
Answer:
D. Dedicate as many hours as needed to the work
Explanation:
Have a nice day!! :)
Answer:
D
Explanation:
GDP is defined as:
A. Gross Domestic Product
B. Sum of consumer purchases over a period of time
C. Business Investment
D. Government investment
E. all of the above
Answer:
Gross Domestic Product.
Answer:
Gross domestic product
Which of the following is not an example of professional behavior
?
Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security
A. It hopes to reduce the amount of money available for lending.
Explanation:
Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.
If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.
Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.
The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.
Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the security reach a stage of maturity.The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.Therefore, this process are put in place to balance the economy.
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at one point in the evolution of marketing, the united states entered a buyer's market and the customer became king. which era is being described?
This era is being described as market-oriented. Thus, option D is correct.
What is marketing?Marketing can be defined as the way through which the market transaction is being done, in this case, the customer is being made aware of the product or service that is being given to them.
As in recent times, the competition has increased between the business, and the customer has also been more oriented toward what he was he want. This name that the market is being oriented to be a market-oriented where the more the protection the most profit of form of company can get. Therefore, option D is the correct option.
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The question is incomplete, the complete question will be:
Which era is being described?
Select one:
a. economics-oriented
b. value-based marketing
c. production-oriented
d. market-oriented
e. sales-oriented
Perform online research and find a house you would like to own. Calculate the cost of utilities, services, maintenance, and insurance to buy the home.
(Answers may vary.)
I found an apartment in Chicago that I would like to rent. The monthly rent is $900, but there are other fees for me to consider as a renter. Utilities (electric, water, cable, internet access, etc.) cost $300 a month. Building services, including parking and access to the gym, cost $50 a month. Maintenance fees for the building are $25 a month. Renter’s insurance is $12. The cost of living independently in this Chicago apartment is $1,287 a month.
Explanation: edmentum sample answer
"A 5 year 3 1/2% Treasury Note is quoted at 98-4 - 98-9. The note pays interest on Jan 1st and Jul 1st. A customer buys 5M of the notes. Approximately how much will the customer pay, disregarding commissions and accrued interest?"
Answer:
$4,914.06
Explanation:
Calculation for how much will the customer pay by disregarding commissions and accrued interest
The 5M which the customers used to buy the notes means that the customer is buying $5,000 par value of the notes.
Take note that the capital letter M in Latin means for $1,000.
Therefore the customer will have to buy at the ask price of 98 and (9/32nds =0.28125) which means that 98%+0.28125 will gives us 98.28127.
Now let calculate for how much will the customer pay by disregarding commissions and accrued interest
98.28125% * $5,000 par
= $4,914.06
Therefore the amount that the customer pay by disregarding commissions and accrued interest will be $4,914.06