Business

I need help! The management of a large hotel in your country is considering ways of increasing room occupancy during the five off-peak months of the year. The hotel has very good leisure facilities, including a spa with heated indoor pool and beauty treatments. It has a very large room that is only used for wedding receptions about 30 times during the year. The hotel's restaurant has a very good reputation for food quality and providing value for money. Develop a marketing strategy that might be used by the hotel to increase room occupancy during the five off - peak months of the year.
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Milton Mende purchased the Star Midas Mining Co., Inc., for $6,500. This Nevada corporation was a shell corporation with no assets. Mende changed the name of the corporation to American Equities Corporation (American Equities) and hired Bernard Howard to prepare certain accounting reports so that the company could issue securities to the public. In preparing the financial accounts, Howard (1) made no examination of American Equities' books; (2) falsely included an asset of more than $700,000 on the books, which was a dormant mining company that had been through insolvency proceedings; (3) included in the profit and loss statement companies that Howard knew American Equities did not own; and (4) recklessly stated as facts things of which he was ignorant. Did Howard act unethically
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Meredith, Linda, and Peter are working together in a project team at a home appliances company. They had to select two out of five new products to be introduced in the next quarter. The team has a conflict over the choice of those two products. (a) Meredith, who is uncomfortable with confrontations, chooses to remain neutral by staying away from the argument. (b) Linda and Peter had a few arguments which were finally resolved when Linda gave in to Peter's demands. In this situation, (a) Meredith used the____style of conflict resolution and (b) Linda used the_____style of conflict resolution.
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The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders equity12/31/2021 12/31/2020 Common stock, $5 par; 27 million shares authorized; 22 million shares issued and 19 million shares outstanding at 12/31/2021; and ____million shares issued and ____shares outstanding at 12/31/2020.$110million $95million Additional paid-in capital on common stock 527million 394million Retained earnings 204million 164million Treasury common stock, at cost, 3 million shares at 12/31/2021 and 1 million shares at 12/31/2020 (79million) (57million) Total shareholders equity$762million $596million What was the average price (rounded to the nearest dollar) of the additional shares issued by Levi in 2021?
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Using data spanning 2002-2013 from the ACFE Report to the Nations on Occupational Fraud and Abuse, and made available through the Institute for Fraud Prevention (IFP), the authors examined private company FRF cases in comparison to those at public companies and found several key differences. These included the observation that a stronger antifraud environment in public companies appears to lead public company FRF perpetrators to use ____________ perhaps to make the fraud less obvious, rather than other fraud schemes such as fictitious revenues.
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Two methods can be used to produce solar panels for electric power generation. Method 1 will have an initial cost of $740,000, an AOC of $190,000 per year, and $135,000 salvage value after its 3-year life. Method 2 will cost $870,000 with an AOC of $135,000 and a $170,000 salvage value after its 5-year life. Assume your boss asked you to determine which method is better, but she wants the analysis done over a three-year planning period. You estimate the salvage value of Method 2 will be 37% higher after three years than it is after five years. If the MARR is 14% per year, which method should the company select
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If I buy options contracts for a year out is that profitable instead of day trading/swing trading? Because day trading or swing trading is usually hard to predict but we know when long-term good stocks are always going the upside and with the leverage, an option contract has it could make more than just buying shares. So Buying options contracts a year out is good or not?
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The trial balance of Rollins Inc. included the following accounts as of December 31, 2021: Debits CreditsSales revenue 5,400,000Interest revenue 37,500Loss on sale of investments 10,000Loss on debt investments 125,000Gain on projected benefit obligation 235,000Cost of goods sold 3,950,000Selling expense 350,000Restructuring costs 155,000Interest expense 20,000General and administrative expense 250,000The loss on debt investments represents a decrease in the fair value of debt securities and is classified as part of other comprehensive income. Rollins had 100,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 25%.Required: Prepare a 2021 multiple-step income statement for Rollins Inc. with earnings per share disclosure.
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A company finds that there is a linear relationship between the amount of money that it spends on advertising and the number of units it sells. If it spends no money on advertising it sells 350 units. For each additional $3000 spent, an additional 15 units are sold. A) If x is the amount of money that the company spends on advertising, find a formula for y, the number of units sold as a function of x. B) How many units does the firm sell if it spends $25,000 on advertising? C) How many units does the firm sell if it spends $50,000 on advertising? D) How much advertising money must be spent to sell 700 units? E) Which of the following statements correctly explains the meaning of the slope?1. If the company spends an additional $1000 on advertising, it will increases the number of units it sells by 10.2. In order to sell one more unit, the company would need to increase the amount it spends on advertising by $100.3. If the company spends an additional $0.01 on advertising, it will sell one more additional unit.4. If the company increases the amount of money it spends on advertising by $300, it will double the number of units it sells.5. None of the above.
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Consider the free cash flow approach to stock valuation. Utica Manufacturing Company is expected to have before-tax cash flow from operations of $500,000 in the coming year. The firm's corporate tax rate is 30%. It is expected that $200,000 of operating cash flow will be invested in new fixed assets. Depreciation for the year will be $100,000. After the coming year, cash flows are expected to grow at 6% per year. The appropriate market capitalization rate for unleveraged cash flow is 15% per year. The firm has no outstanding debt. The projected free cash flow of Utica Manufacturing Company for the coming year is _______.
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Rob, a college senior was given $10,000 by an aunt. Before she died, she toldRob to put the money to work and leave it alone, so that some day he couldleave money to his heirs. Rob is pumped. He has two great ideas, both of whichhe learned about on late-night TV. One is to buy foreclosure properties. Theother is to speculate in gold. The people on TV made a killing doing very littlework. Their DVD's will tell him all he needs to know. He asks you which soundsbetter to you.
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1810TIME REMAINING58:45nWhat is the difference between profit and revenue?O Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn aftersubtracting the production costs.Revenue is the total amount producers earn after subtracting the production costs. Profit is the total amountproducers receive after selling a good.O Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers earn aftersubtracting the production costs.O Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers receive afterselling a good.NoyaSubmit
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In 2005, a loan broker and appraiser working for a subsidiary of Bank of America appraised the Cassies home at a fair market value of $620,000. Based on that appraisal and other representations by lending personnel, the Cassies elected to refinance their home with a $495,000 adjustable rate mortgage. Lending personnel told them their home would appreciate and they would be able to sell or refinance the home at a later date before having to make higher monthly loan payments. In 2010, the Cassies discovered their home was valued at $250,000. The monthly mortgage payments doubled in size. The Cassies stopped making payments on the mortgage, which had a balance due of $625,000. Soon after, the fair market value of the house was $200,000. Then, the bank foreclosed on the house and the Cassies moved in with family. The Cassies sued Bank of America for fraud. What is the result?A. The Cassies will lose.B. The Cassies will recover partial value of their foreclosed home.C. The Cassies will win.
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Which descriptions offer examples of Maintenance, Installation, and Repair workers? Check all that apply.Andy uses heat and tools to shape glass.Mana sets up and takes care of industrial machinery in a factory.Emma fixes medical equipment.Pablo makes parts for precise tools and equipment.Colin cuts keys and repairs locks.Cynthia supervises workers who operate machinery in a factory.
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Information for Hobson Corp. for the current year ($ in millions): Income from continuing operations before tax $ 380 Loss on discontinued operation (pretax) 92 Temporary differences (all related to operating income): Accrued warranty expense in excess of expense included in operating income 85 Depreciation deducted on tax return in excess of depreciation expense 175 Permanent differences (all related to operating income): Nondeductible portion of entertainment expense 20 The applicable enacted tax rate for all periods is 25%. How should Hobson report tax on the discontinued operation
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On January 1, JKR Shop had $560,000 of beginning inventory at cost. In the first quarter of the year, it purchased $1,700,000 of merchandise, returned $24,200, and paid freight charges of $38,700 on purchased merchandise, terms FOB shipping point. The company's gross profit averages 25%, and the store had $2,110,000 of net sales (at retail) in the first quarter of the year. Use the gross profit method to estimate its cost of inventory at the end of the first quarter.Beginning inventory $560,000Net cost of goods purchased 1,714,500Cost of goods available for sale 2,274,500Estimated cost of goods sold 2,274,500Estimated March 31 inventory $6,920,000
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he treasurer of Riley Coal Co. is asked to compute the cost of fixed income securities for her corporation. Even before making the calculations, she assumes the aftertax cost of debt is at least 2 percent less than that for preferred stock. Debt can be issued at a yield of 11.4 percent, and the corporate tax rate is 30 percent. Preferred stock will be priced at $63 and pay a dividend of $5.50. The flotation cost on the preferred stock is $8. a. Compute the aftertax cost of debt.
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UPS, a delivery services company, has a beta of 1.1, and Wal-Mart has a beta of 0.7. The risk-free rate of interest is 4% and the market risk premium is 7%. What is the expected return on a portfolio with 30% of its money in UPS and the balance in Wal-Mart
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what is job description
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Sheffield Company took a physical inventory on December 31 and determined that goods costing $218,900 were on hand. Not included in the physical count were $25,610 of goods purchased from Pelzer Corporation, f.o.b. shipping point, and $22,510 of goods sold to Alvarez Company for $32,160, f.o.b. destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end. What amount should Sheffield report as its December 31 inventory
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At 20 years old, Josh is an avid saver. He wants to put an equal amount each year from age 21 to 50 (30 years) such that starting at age 65 he can make a guaranteed annual withdrawal of $45,000 forever without touching the corpus, which will be the inheritance money for his family. He will make no deposits during the years of age 51 through 65. At a conservative return of 6% per year for all the years, what amount must he invest each year from age 21 through 50
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why do you think the government should regulate advertising
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which of the following qualities that will help you succeed in the work place
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On January 2, year 1, Lava, Inc. purchased a patent for a new consumer product for $90,000. At the time of purchase, the patent was valid for fifteen years; however, the patent's useful life was estimated to be only ten years due to the competitive nature of the product. On December 31, year 4, the product was permanently withdrawn from sale under governmental order because of a potential health hazard in the product. What amount should Lava charge against income during year 4, assuming amortization is recorded at the end of each year
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