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ale4655 [162]
2 years ago
5

Why luxury hotels might have higher variability than the budget hotels. Think about the Hotel Industry and why you might see gre

ater price variability for upscale goods compared to budget items.

Business
1 answer:
forsale [732]2 years ago
3 0

Full question attached

Answer:

mean and standard deviation of luxury hotels=145, 27.6

mean and standard deviation of budget hotels=46.1, 5.13

There is higher variability for luxury hotels than budget hotels

Explanation:

Please see attachment for explanation

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Generally, filmmakers want movie titles that are short, memorable, appealing to consumers, and without legal restrictions. These
Paladinen [302]

<u>Answer:</u>

<em>Filmmakers want movie titles that are short, memorable, appealing to consumers, and without legal restriction to </em><u><em>appeal to multiple cultures </em></u>

<em></em>

<u>Explanation:</u>

Many independent filmmakers are amazed at the measure of exertion and ability required to verify a fair conveyance understanding. With the emotional increment in an autonomous generation, it is evident that numerous movie producers have aced the skills expected to confirm the cash and hardware and deliver the film.

Subsequently, if the Filmmaker has skillfully made content into an engaging film, the movie producer might have the option to get a superior arrangement.

4 0
2 years ago
Read 2 more answers
On may 1, the cash account balance was $72,600. during may, cash receipts totaled $345,600 and the may 31 balance was $95,230. d
Sphinxa [80]
<span>$322,970 The expression for the cash balance at the end of the month is B = I + R - P where B = Balance at the end of the month. I = Initial balance at the beginning of the month. R = Receipts received during the month. P = Payments made during the month. So let's substitute the known values we have and solve for P B = I + R - P 95230 = 72600 + 345600 - P 95230 = 418200 - P 95230 + P = 418200 P = 322970 So the cash payments made were $322,970</span>
4 0
2 years ago
"Higher level professions require indepth knowledge, good skill, and special training." Explain this statement with examples.
Greeley [361]

Answer:

True.

Explanation:

Higher level professions are professions occupied by professionals who think strategically and carry out their duties by adhering to the ethical standards that governs their profession. Examples are medical practitioners, engineering, accountant and pilot. All these requires in-depth knowledge , good skill and special training because of the technical nature of the profession.

Having a degree is not enough to deliver on these professions because of their complexities. These professionals must adhere to the ethical standard that governs their profession and also hold themselves out of having the required training, knowledge and experience .

Take for instance a pilot who controls a plane. Asides having the required education, he would undergo special trainings on how to fly planes. He must also have the skills and experience of flying before being certified to fly people because of the risky nature of the profession.

The above example also applies to a doctor. He would undergo trainings depending on his area of specialization and must have knowledge before being certified to work as a doctor. The reason is that he is dealing with lives hence must possess the the required skills and experience.

8 0
2 years ago
Reynolds Construction's value of operations is $750 million based on the free cash flow valuation model. Its balance sheet shows
zhuklara [117]

Answer:

option (d) $500

Explanation:

Data provided in the question:

Reynolds Construction's value of operations = $750 million

short-term investments = $50 million

accounts payable = $100 million

notes payable = $100 million

long-term debt = $200 million

common stock = $40 million

retained earnings = $160 million

Now,

Firm value of equity

= Free cash flow value + Investments - Debt - Notes payable

= $750 million + $50 million - $200 million - $100 million

= $500 million

Hence,

the correct answer is option (d) $500

6 0
2 years ago
Bickford Company plans to sell 135,000 units in November and 180,000 units in December. Bickford's policy is that 10% of the fol
NNADVOKAT [17]

Answer:

$404,000

Explanation:

Production Unit = $135,000 + $18,000 - $14,000 = $139,000

Labor hours per unit = 30 mins = 0.5 hours

Total Labor Hours = $139,000 x 0.5 = 69,500 hours

Variable Overhead 69,500 x 5 = $347,500

Total Overhead Cost = $347, 500 + $56,500 = $404,000

6 0
2 years ago
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