The working capital of a business is given by
O a. Capital employed
O b. non-current assets
O c. net assets
O d. net current asset​

Answer:

ricing, Hospitality, Tourism, Competition

1)Explain the nature and scope of the pricing function. 2)Explain the concept of price in hospitality and tourism industry. 3)Explain considerations in meal pricing. 4)Explain the relationship between the economy and hospitality and tourism. 5)Explain the concept of competition.

The pricing function is the process of determining the price at which a product or service will be sold. The scope of this function includes considering factors such as production costs, competition, and target market in order to set a price that will be profitable for the company and attractive to customers.

In the hospitality and tourism industry, price refers to the cost of staying in a hotel, using a tour service, or eating at a restaurant. This cost can be influenced by factors such as location, amenities, and seasonality.

Considerations in meal pricing include the cost of ingredients, labor, and overhead costs, as well as market conditions and competition. Restaurants may also consider the perceived value of the meal, the target market, and the desired profit margin.

The economy plays a significant role in the hospitality and tourism industry. A strong economy can lead to increased travel and spending on leisure activities, while a weak economy can lead to a decrease in these areas. The industry may also be affected by changes in exchange rates, which can impact the cost of travel for international tourists.

Competition refers to the presence of other businesses offering similar products or services in the same market. In the hospitality and tourism industry, competition can come from other hotels, restaurants, and tour companies. Businesses must consider their competition when setting prices and developing their marketing strategies.

When there is a low unemployment rate, the economy grows quickly, and vice versa when there is a high unemployment rate.

However, this isn't always the case; in instances of recession, also known as negative economic growth, there is a surge in unemployment as a result of the following circumstances:

- If there is less demand for the product, the company will have to employ fewer people since it will manufacture fewer things.

The business is bankrupt.

Due to the unpredictability and poor economic development, businesses are reluctant to hire new employees.

The three main ways the Federal Reserve reduces the amount of money in circulation are via raising interest rates, requiring banks to maintain higher minimum reserves, and selling government securities.

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For practice mode questions, your instructor will see a) which questions you attempted not your scores.

Practice mode offers students with a safe environment in which to grasp instructional content. It is not a testing environment; rather, it is about the learning process.

Students can work at their own pace because there is no time limit on the questions. Because it is up to the student to decide whether to quit or switch to test mode, practice mode never ends.

As a teacher, you cannot examine your students' scores in practice mode; all you can see is the amount of time they spent studying. They can access their notes while in practice mode and return to the course at any moment to help them resolve any questions they have.

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A conflict must be both genuine and substantial in order for one to have legal standing to file a lawsuit. The traditional judicial hierarchy is comprised of trial courts, lower level appellate courts, and higher level courts.

What is a substantial example?

large in quantity, size, or amount. Each day, a sizable number of people commute to work. This will help us save a significant amount of money and time. Such activities carry a high risk of injury. She received a significant discount on her tickets. An crucial or fundamental right that warrants legal protection or enforcement.

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The scale of measurement for the tax form will be Ratio/Continuous, Ratio/Discrete, Ratio/Discrete, Nominal/Discrete.

Variables are categorised and specified using scales of measurement. The four common scales of measurement—nominal, ordinal, interval, and ratio—were created by psychologist Stanley Stevens. Each scale of measurement has characteristics that dictate how the data should be analysed. Nominal, ordinal, interval, and ratio scales are the four types of scales that can be used to categorise data. Every level of measurement has certain significant characteristics that are vital to understand. For instance, the ratio scale is the only one with meaningful zeros. Nominal variable groups are shown in a pie chart (i.e. categories). Order is indicated by "ordinal." Quantitative information with naturally occurring orders is called ordinal data, and the distinction between them is not known.

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Calculating sales tax on a pro-duct or service is straight-forward: Simply multi-ply the cost of the prod-uct or service by the tax rate.

For exam-ple, if you ope-rate your busi-ness in a state with a 6% sales tax and you sell cha-irs for $100 each, you would multi-ply $100 by 6%, which eq-uals $6, the total am-ount of sales tax. Add the sa-les tax to the sale price to bri-ng the total cost of one cha-ir to $106.

While it is possible to calcu-late sales tax man-ually or by using a calcu-lator, most point-of-sale (POS) soft-ware pack-ages can make these calcu-lations for you at the reg-ister or via a mobile app.

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The operating plan's role is to translate the strategic plan into manageable, immediate objectives that a company can accomplish.

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Giving back to the community can help businesses to improve their reputation and brand image, increase employee engagement and satisfaction, build stronger relationships with customers and create new business opportunities. There are several ways in which businesses can benefit from giving back to the community.

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The domain is (5,+∞). When the value of x is more than 5, the C or the range would be greater than 0. Thus, the range is (0,+∞).

In order for Andrea to make profit, the value of the C in the given function must not be 0 or less than zero. So, let's find the value of x when C is zero.

C = 0 = 10x - 50

x = 5

Hence, the number of candles sold represented by x must be more than 5 (< 5). Therefore, the domain is (5,+∞). When the value of x is more than 5, the C or the range would be greater than 0. Thus, the range is (0,+∞).

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Mike has to pay $322 every quarter the annual premium of $1284 is being divided into quarterly payments, with an additional $1 per payment surcharge.

To find the quarterly payment, we need to divide the annual premium by 4 and add the $1 per payment surcharge.

First, we divide the annual premium of $1284 by 4 to find the base quarterly payment which is $321. Then, we add the $1 per payment surcharge to the base quarterly payment to find the total quarterly payment, which is $322. This means that Mike has to pay $322 every quarter, this is important for Mike to plan his finances accordingly.

It is good to pay attention to the extra fee or surcharge as it may affect the overall budget.

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The President of the United States when the stock market crashed was Herbert Hoover. Hoover took office in March 1929 and the stock market crash began in October of that same year.

What do you know about Stock Market?

Stock Market is a platform that facilitates the buying and selling of securities such as stocks, bonds, and other financial instruments. It is a public market, where buyers and sellers come together to trade securities. The stock market is a key component of any economy, as it provides businesses with capital from investors and allows investors to gain a return on their investment. The stock market is made up of exchanges, such as the New York Stock Exchange and Nasdaq, which provide a platform for buying and selling stocks. The stock market also provides investors with information about a company's performance, enabling them to make informed decisions about their investments.

So, The required answer is Herbert Hoover.

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The statement "a transaction recorded in a journal is not considered a permanent record." is false. A transaction recorded in a journal is not considered a permanent record in chronological order.

In economic and business, Transaction Record generally can be defined as the evidence of a purchase, rental or lease of goods or services. Transaction record is an activity that being done by a Cardholder from, and other payments to, Merchant using a Card, including preauthorized orders and Recurring Transactions. Beside that, A general journal entry generally can be defined as a record of financial transactions. A general journal entries are made in the order that the transactions occurred that contain information about things like cash receipts and payments.

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Start up costs for opening a salon with 8 workers, 8 stations, and that does hair and wax related services

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Lan Steven's job as a human resources analyst in Seattle entails her examining pay information for city workers.

Department, Job Title, and Hourly Rate (in $) are the three variables in the data set he is working with.

He might come across some lacking information for the Hourly Rate variable. He can handle this by using several imputation approaches to fill in the missing data, such as mean imputation, median imputation, or regression imputation.

It's crucial to keep in mind that imputation might create bias, so it is always advisable to speak with the data owner to determine the cause of missing data before imputing it.

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For a discount note with a face value of $7,200 at a discount rate of 5% for 6 months, the proceed of the note is  $6,888and the effective interest rate is  5.56%.

The proceed of the note and the effective interest rate can be calculated by using the formula for simple discount notes. The formula is P = FV x (1 - r x t). In this case, P is the proceed of the note, FV is the face value of the note (7,200), r is the discount rate (5%), and t is the  (6 months).

By plugging in the values, the proceed of the note is $6,888. The effective interest rate is calculated by using the formula: i = (FV - P) / (FV x t). In this case, is the effective interest rate, FV is the face value of the note (7,200), P is the proceed of the note (6,888), and t is the time period (6 months).

By plugging in the values, the effective interest rate is 5.56%. Therefore, the proceeding of the note is $6,888 and the effective interest rate is 5.56%.

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The well-known fast food chain firm McDonald's urged customers to "Think Outside the Bun." The campaign encouraged customers to explore new menu items and to customize existing items to create unique combinations.

What do you mean by fast food chain?

A fast food chain is a type of restaurant that serves quick, convenient meals at relatively low prices. These restaurants typically offer limited menus with items such as burgers, fries, chicken, pizza, and other fried foods. Fast food chains are usually found in high-traffic locations such as near highways, shopping centers, and tourist attractions. These restaurants often utilize a “fast-food” model, where customers order at a counter, pay for their meal, and then collect their food when it is ready. Many fast food chains also offer drive-through services, allowing customers to order and receive their food without leaving their car. Fast food chains also often offer delivery services, allowing customers to have their meal delivered to their homes or workplaces.

So, The required answer is McDonald.

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St. John's, Newfoundland from which the English province did Marconi get the principal transoceanic remote sign in Canada in 1901. Marconi's most noteworthy accomplishment came on December 12, 1901, when he got a message sent from Britain.

Marconi's originally presumed gathering of a transoceanic radio transmission happened at Signal Slope in St. John's, Newfoundland, in 1901. The next year, he constructed a remote transmission station in Glace Straight, Nova Scotia.

On 12 December 1901, Guglielmo Marconi raised a 150-meter-long radio wire (which was joined to a kite) over Signal Slope in St. John's, Newfoundland. This receiving wire got the very first transoceanic transmissions sent through radio waves.

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The economy is most likely to become more efficient when there is frictional unemployment. When people switch between occupations in the labor market, it happens.

Workers must be mobile in order for the labor market to be flexible and for the economy to allocate labor effectively. However, finding a job may take some time and effort, and people may not find one right away.

Businesses also invest effort in looking for qualified applicants to fill open positions. People looking for work may endure a brief period of unemployment as a result of the fact that openings are not instantly matched with applicants.

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According to Maslow's hierarchy of needs, the highest need of a human is self-actualization.

Self-actualization is the need to reach one's full potential and to become the best version of oneself. It is the need to be creative, to understand oneself, and to understand the world around us. It is the need for self-fulfillment and self-expression.

Self-actualization is the highest level of Maslow's hierarchy of needs because it is only when all the lower-level needs, such as basic needs, safety, belongingness, and esteem, have been met that an individual can truly focus on self-actualization. Without these lower-level needs being met, an individual will not have the resources or emotional stability to focus on self-actualization.

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The maximum amount Cedar should pay in monthly rent is 13,500.

To solve this problem, you need to know your maximum monthly rental cost. In this country, the Ministry of Housing and Urban Development stipulates that monthly rent should not exceed 30% of gross profit.

Maximum cost = 30% of total amount

From the question above, the specified parameters are

Gross Profit = 45,000

Upper limit of monthly rent by substituting specified parameters

Maximum cost = 30% of total amount

Max Cost = 30% x 45,000

Max cost = 13,500

So the monthly rental cost will be up to 13,500.

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Answer:

$1,125

Explanation:

Using the US Department of Housing and Urban Development (HUD) guidelines, 30% refers to the max allowable annual payment for housing each year.

NOTE:

It's important to understand that $45,000 × 00.30, where 00.30 is 30%, equals the max allowable amount of money for rent each year, NOT month ($13,500).

In order to find Cedar's monthly income:

Divide his annual salary ($45,000)

by the number of months in a year (12)

to get a total monthly income of ($3,750)

We then divide his total monthly income ($3,750)

by the US HUD guidelines percentage (30%)

to get the maximum amount Cedar should pay for rent on a monthly basis:

a) $1,300

b) $1,200

c) $1,125    <======================<<<

d) $1,250

Ivan acquired the 1963 Chevrolet Corvette, which he estimated to be worth $45,000, from his grandmother. Having decided that he might be willing to sell it, he decides to post it online.

The definition of the term "inherit"

obtaining property, money, or other items from a decedent: She will leave an equal inheritance to each of her children.

Hereditary traits are behavioral characteristics that are genetically transmitted. We frequently assume that genetics is what determines things like our height, eye color, and hair type and color. We almost ever give our genetic make-up a thought, though. That's only partly accurate. Parents pass on characteristics and traits to their children through their DNA, including blood type and eye color.

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To improve the economy issuing fresh repurchase agreements, the Federal Reserve also buys securities and treasuries. More lending and risk are brought about by the expansion of the money supply and the decline in interest rates.

The Federal Reserve, the central bank of the United States, plays two key tasks. it should find job so that unemployment is as minimal as possible. it keep prices constant across the economy. Now, during a recession, which is marked by poor economic growth, the unemployment rate rises, prices may decline, and deflation may occur. To stop the slowing of economic growth, the Federal Reserve could take the actions.

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The normative statement is the government should concentrate on reducing unemployment

A normative assertion is one that states how the world ought to be. This claim demonstrates a value judgement regarding the desirability of a circumstance and frequently reflects value judgements. It describes how the world is. For instance, it is just a personal view to say that globalization causes societal tensions in developing nations.

In economics, these statements are one that reflects a value judgement or a belief about what should be, as opposed to stating what is. Instead of describing how things are, it makes a statement about how they ought to be. In this instance, statement D articulates the opinion that decreasing unemployment should be a top priority for the government, making it a normative statement.

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The statement 'working for profit is rewarded and encouraged in Soviet Russia' is true as labor should benefit.

In Soviet Russia, working for profit is not only rewarded but actively encouraged.

This is because the Soviet government believed that productive labor should be rewarded and that individuals should be able to benefit from their own efforts.

This encouraged people to work hard, as they knew that their efforts would be rewarded.

This was a stark contrast to other communist countries, where profit was seen as something to be discouraged. By promoting incentive through profit, the Soviet Union was able to create a society of hardworking citizens.

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The taxpayer (being individual/HUF) can declare deduction under section 80D in recognize of scientific insurance top rate paid with the aid of him in any mode different than cash. However, payment on account of preventive health check-up can be made in cash.

First, your health cover ought to be at least 50% of your annual income. And second, the insurance plan cowl have to at least cover the price of a coronary artery ignore graft in a hospital of your choice. Most private finance experts suggest a minimal health cowl of Rs 5 lakh.

The top class fee is calculated by using dividing the sum insured by the sum assured. This capacity that if you have a sum insured of Rs 10,000 and a sum assured of Rs 1,000 then your premium rate would be 10%.

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The cost of the hourly workers who clean carpets for customers is variable.

The bulk of common cleaning methods are often grouped according to the cleaning task itself. For instance, a Floor Clean is focused on cleaning floor areas, but a Builders' Clean is focused on the general mess left behind by construction projects.

These activities, however, can also distinguish between various user types. The two most common ones are for domestic residential usage, such as end-of-tenancy cleaning, and the other more business, corporate. Of course, there are additional variations of these, such care and nursing homes, medical and hospitals, bars and the food sector.

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Businesses provide help to the communities they are in by helping to provide goods, services, and jobs.

What services do businesses offer to the neighborhood?

The taxes paid by small enterprises return to the community, which is one of the ways they benefit it.

                            Small company taxes and local taxes paid by small enterprises ultimately fund community enhancements like public schools, parks, public transportation, and healthcare.

How does business benefit the community and society?

Although profits are important, we now have a better understanding of the social impact that company has. Innovative companies help the market grow by bringing new products and services.

                              Economic growth and job creation are produced by innovative, expanding businesses, which significantly enhances people's quality of life.

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A zero-based budget is when your income minus your giving, saving, and spending equals zero.

Creating a zero-based budget can be a great way to take control of your finances and make sure you are living within your means.

This type of budget is where you assign every dollar of your income a purpose, whether it is to give, save, or spend.

By doing this, you ensure that your income minus your giving, saving, and spending equals zero. With a zero-based budget, you can make sure you are always aware of where your money is going and make sure you are living your financial life with intention.

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Macroeconomics is the discipline that examines the performance and behavior of an economy as a whole. Three topics are the primary focus of macroeconomics.

As examines economy as a whole, macroeconomics are discussed about three things:

1. National output

The total cost of the goods and services produced in a nation during a fiscal year is called "national output." Contributions received by all resources are included, including those made in the form of: wages, interest, rent, and profits.

2. Unemployment

There are some kinds of unemployment:

a. Structural unemployment: unemployment that occurs when there aren't enough jobs available in some labor markets to accommodate everyone who wants work.

b. Frictional unemployment: here is an unemployment because it takes time for workers to look for jobs that match their preferences and skills.

3. Inflation

Inflation is an increase in an economy's overall level of prices for goods and services.

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Voluntary economic action is called "free choice."

Free choice means that individuals have the autonomy to make decisions about their economic actions. This could include decisions such as what goods and services to purchase, what job to take, or what investments to make.

Free choice allows individuals to make decisions that are in their best interest and best fit their individual needs. Free choice allows individuals to take control of their economic lives and gives them the power to make decisions about their economic well-being.

Free choice also allows for greater competition in the market which can lead to more efficient allocation of resources, lower prices, and higher quality of goods and services.

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