In the second version, the wordy and indirect constructions that have been eliminated are "It should be noted that", "Achieve a reduction in" and "And a promotion of".
"It should be noted that" has been replaced with "Note that." This change removes unnecessary introductory language and gets straight to the point.
"Achieve a reduction in" has been replaced with "reduce." This change eliminates unnecessary verb usage and simplifies the sentence.
"And a promotion of" has been eliminated entirely. This removal streamlines the sentence by removing redundant information.
By making these revisions, the second version of the sentence becomes more concise and direct. It eliminates unnecessary words and phrases, resulting in a clearer and more straightforward statement. The use of active voice in the second version also contributes to the overall conciseness and clarity of the sentence.
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Analyse one possible benefit to Easy jet plc from having to confirm to Uk laws
On the primary network that it operates, EasyJet enjoys a cost advantage over its big competitors. easyJet's cost advantage will be maintained by continual cost cutting. Investing in a new generation fleet to replace older models increases economic value by cutting fuel and maintenance expenses.
The fundamental goal of aviation security is to protect passengers, crew, ground employees, and the general public against acts of unauthorized interference committed in flight or within an airport. Its affiliate airlines, EasyJet UK, EasyJet Switzerland, and EasyJet Europe, operate domestic and international scheduled services on 927 routes in over 34 countries.
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Amelia Russo works at the headquarters for a large HMO that contracts with physician groups across the nation. Her position requires her to impose organizational objectives and systems on smaller groups that often resist such interference. Amelia recently needed to inform regional groups that the home office was introducing a systemwide change to hiring practices. She set up a teleconference between her office in Charleston, South Carolina, and others in Madison, Wisconsin; Denver, Colorado; and Seattle, Washington. Amelia set the meeting for 9 a.m. Eastern Standard Time.
At the designated date and hour, she found that the Seattle team was not logged in; she paused and delayed the session. When the Seattle team finally did log in, Amelia launched into her presentation. She explained the reasons behind the hiring change in a PowerPoint presentation that contained complex data she had not distributed prior to the video call. Amelia heard cell phone ringtones and typing in the background as she spoke. Still, she pushed through her one-hour presentation without soliciting feedback.
Your Task: List five ways Amelia might have improved the Web conference. Be specific in the recommendations.
To improve the web conference, Amelia could have provided advance notice and materials, tested the technology beforehand, encouraged active participation, utilized interactive tools, and allocated time for Q&A to enhance engagement and collaboration.
To improve the web conference, Amelia could have implemented the following strategies:
1. Provide advance notice and agenda: Prior to the conference, Amelia should have sent out an email with the meeting details, including the agenda and any relevant documents or data that would be discussed. This would have allowed participants to familiarize themselves with the information beforehand and come prepared with any questions or feedback.
2. Test the technology beforehand: Amelia should have ensured that all participants were able to log in and access the conference platform prior to the scheduled time. This would have avoided delays and technical difficulties during the actual meeting.
3. Set expectations for active participation: At the beginning of the conference, Amelia could have emphasized the importance of active participation and encouraged participants to ask questions, provide feedback, and engage in discussion throughout the presentation.
4. Utilize interactive tools: Instead of relying solely on a PowerPoint presentation, Amelia could have incorporated interactive tools such as polls, surveys, or breakout rooms to actively involve participants. This would have encouraged engagement and made the conference more interactive and collaborative.
5. Allocate time for Q&A: Instead of pushing through her one-hour presentation without soliciting feedback, Amelia should have allocated dedicated time for questions and answers. This would have allowed participants to seek clarification, share their thoughts, and provide feedback on the proposed changes.
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Select one firm listed in Egyptian stock market.
calculate the ratios for the firm for three years and write a
report about the performance of the firm according to the ratios
calculated.
From 2016 through 2020, the number of firms registered on the Egyptian Stock Exchange (EGX). In 2020, there were 215 listed firms on the Egyptian Stock Exchange (EGX), which was a decrease of three companies from the previous year.
The results for the Egyptian stock market exhibit an inefficient pattern, and the prices are more akin to random traffic norms, demonstrating the randomness of the price changes. As a result, some shares may be offered at a discount to their true worth. The word for a market in Muslim nations, particularly in North Africa and the Middle East, is a souk or suq/souq (suk).
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Select the best answer for the question.
Which of the following is not a step in the problem-solving procedure?
A. Use trial and error to find an answer.
B. Read the problem carefully.
C. Check your work.
D. Decide which operations to use.
Answer:
Your answer is A. Have a good day! :)
Explanation:
Lauren could tell something was not right. She has always thought that sales representatives were always pleasant to the customers. The sales rep who sold a well-known line of tools to the hardware store where she worked was anything but pleasant to her manager. The rep was insisting that his tools should be more prominently displayed and a better assortment would mean more sales. The manager had other plans and told him so. To say the conversation was unpleasant would be an understatement. What Lauren was observing was an example of:
Answer: channel conflict
Explanation:
Based on the information given, Lauren was observing a channel conflict. A channel conflict occurs when there's a conflict or dispute between the channel partners such as the wholesalers, distributors or retailers.
In this case, the activity of one of them affects the sales or revenue of the other channel partner and the product as a whole.
True or False. Liquidity means that your money is tied up and unavailable.
Answer: True
Explanation:
Is a business plan a one time fee?
Answer:
i think so :)
Explanation:
A business executive has the option to invest money in two plans: Plan A guarantees that each dollar invested will earn 70 cents a year later, and plan B guarantees that each dollar invested will earn $2 after 2 years. In plan A, investments can be made annually, and in plan B, investments are allowed for periods that are multiples of two years only. How should the executive invest $100, 000 to maximize the earnings at the end of 3 years? Formulate a linear program and find the optimal solution. *** USING PYTHON CODE****
Linear programming is a method of optimizing a linear objective function and linearly equal constraints over a polyhedron.
The Polyhedron is characterized by a set of linear inequality constraints or equations. It can be implemented with the help of Python.
First, let us begin by defining the variables. Let x be the amount spent on plan A, and let y be the amount spent on plan B. The total amount spent will be $100,000, therefore:
x + y = 100000
The next step is to compute the amount earned in each plan. For plan A, the investment is made annually, therefore the interest rate must be adjusted for the number of years. 70 cents in the first year will be worth 77 cents after two years, and 85 cents after three years. Therefore, the amount earned in plan A is:
0.7x + 0.77x + 0.85x
For plan B, the interest rate is $2 after two years. This must be adjusted for the number of years invested, therefore the amount earned in plan B is:
$\(\frac{2y}{2}\) + $\(\frac{2y}{2}\) + $\(\frac{2y}{2}\)
$1.04y
The total amount earned is:
x + y = $0.7x + $0.77x + $0.85x + $1.04y
The objective is to maximize this amount. Therefore, the linear program is: Maximize
z = $0.7x + $0.77x + $0.85x + $1.04y
Subject to:
x + y = 100000x, y >= 0
We can implement this linear program in Python using the PuLP package.
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$9000 coupon bond with a $400 coupon payment every year for 5 years has a coupon rate of A) 5 percent B) 8 percent C) 9 percent D) 4.4 percent
The coupon rate for a $9000 coupon bond with a $400 coupon payment every year for 5 years is D) 4.4 percent.
A coupon rate refers to the annual interest rate paid to a bondholder by a bond's issuer. It's the interest rate paid on a bond's face value in the form of an annual interest payment.
The formula for calculating the coupon rate is as follows:
Interest payment (coupon payment) every year / Bond's face value
The coupon rate of a $9000 coupon bond with a $400 coupon payment every year for 5 years is calculated as follows:
Interest payment (coupon payment) every year = $400
Bond's face value = $9000
The formula for calculating the coupon rate is:
Coupon rate = Annual coupon payment / Bond face value
Coupon rate = $400 / $9000Coupon rate = 0.044 or 4.4 percent
Therefore, the coupon rate for a $9000 coupon bond with a $400 coupon payment every year for 5 years is 4.4 percent.
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Government actions taken to mange a country’s money supply are called ————-policy
Answer:
Government actions taken to mange a country’s money supply are called ——Monetary——-policy
Question
Government actions taken to mange a country’s money supply are called ————-policy
Answer
MonetaryExplanation
Monetary is a government actions that taken to manage a countries by supplying money.
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one step in calculating an ear is to ____ the quoted rate by the number of times that the interest is compounded.
If the interest is compounded monthly, the quoted rate must be multiplied by 12, quarterly by 4, semi-annually by 2, or annually by 1. Once these steps have been completed, the resulting number is the effective interest rate.
One step in calculating an interest rate is to multiply the quoted rate by the number of times that the interest is compounded. For example, if an interest rate is quoted at 8% compounded quarterly, the calculation would be 8% x 4, which would result in an effective interest rate of 32%.
To calculate an effective interest rate, start by determining the quoted interest rate, which is typically expressed as a percentage.
Next, determine how often the interest is compounded, as this will determine the number of times that the quoted interest rate must be multiplied.
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an asset's book value is $19,200 on december 31, year 5. assuming the asset is sold on december 31, year 5 for $13,800, the company should record:
Based on the information provided, when the asset is sold on December 31, Year 5 for $13,800, the company should record a loss of $5,400. This is calculated by subtracting the asset's book value ($19,200) from the sale price ($13,800).
If an asset's book value is $19,200 on December 31, Year 5, and it is sold on the same date for $13,800, the company should record a loss on the sale of the asset. The loss on the sale of the asset can be calculated as follows: Sale Price - Book Value = Loss $13,800 - $19,200 = -$5,400 The negative sign indicates that the company incurred a loss on the sale of the asset. The company should record this loss in its income statement for the year ending on December 31, Year 5. Specifically, the loss should be recorded as an expense under "Other Expenses" or "Loss on Sale of Assets," which will reduce the company's net income for the year.
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Under a perpetual inventory system, acquisition of merchandise for resale is debited to.
In a perpetual inventory system, the acquisition of merchandise for resale is debited to the Inventory account. Therefore, Option A is the correct statement.
What is the acquisition of merchandise inventory?Merchandise inventory refers to items that have been received through a distributor, wholesaler, or store from suppliers, with the cause of selling the products to third parties. This may be the single biggest asset on the position sheet of a few varieties of businesses.
The complete information is given below:
a. the Inventory account.
b. the Purchases account.
c. the Supplies account.
d. the Cost of Goods Sold account.
Thus, In a perpetual inventory system, the acquisition of merchandise for resale is debited to the Inventory account. Therefore, Option A is the correct statement.
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when the disclosure of an insured's nonpublic information is involved, what is the insurer obligated to do?
When the disclosure of an insured's nonpublic information is involved, the insurer is obligated to give notice, explain, and allow opting out.
An insurer may terminate the policy at any time. But he is obliged to notify the insured regarding the same through a written notice. If he fails to do so, the insured would have a right to continue receiving the payments of the policy otherwise.
In the same manner, if the disclosure of an insured's non-public information is involved, the insurer is required to provide the notice to the insured, explain it and also allow opting it out.
If the insured gives the insurer incorrect or deceptive information in order to obtain insurance, the insurer may cancel the contract. The insurer must show that the insured made a false or material representation in order for the contract to be voided.
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Create a multimedia presentation that explains the functions of the six major travel trade intermediaries.
Booking
Expedia
Viator
Hotels
Despegar
Travelocity
Title: Functions of Major Travel Trade Intermediaries
Slide 1:
Introduction
- Welcome to our multimedia presentation on the functions of the six major travel trade intermediaries.
- These intermediaries play a crucial role in connecting travelers with various travel services and accommodations.
Slide 2:
1. Booking
- Booking.com is a popular online travel agency that allows travelers to book flights, hotels, rental cars, and more.
- Functions:
- Provides a user-friendly platform for travelers to search and compare prices.
- Offers a wide range of options to accommodate different preferences and budgets.
- Facilitates secure and convenient online bookings.
Slide 3:
2. Expedia
- Expedia is another well-known online travel agency offering comprehensive travel services.
- Functions:
- Aggregates travel options from multiple providers for easy comparison.
- Provides access to discounted rates and exclusive deals.
- Offers customer support and assistance throughout the booking process.
Slide 4:
3. Viator
- Viator specializes in tours, activities, and experiences worldwide.
- Functions:
- Curates a diverse range of tours and activities, allowing travelers to discover unique experiences.
- Facilitates online bookings, ensuring convenience and availability.
- Provides user reviews and ratings to help travelers make informed decisions.
Slide 5:
4. Hotels
- Hotels.com is a leading platform for booking accommodations worldwide.
- Functions:
- Offers a vast selection of hotels, resorts, and vacation rentals.
- Enables travelers to compare prices, read reviews, and make reservations.
- Provides loyalty programs and rewards for frequent travelers.
Slide 6:
5. Despegar
- Despegar is a prominent Latin American travel agency offering comprehensive travel solutions.
- Functions:
- Provides a wide range of travel services, including flights, hotels, and vacation packages.
- Offers localized content and customer support in multiple languages.
- Facilitates secure online payments and flexible booking options.
Slide 7:
6. Travelocity
- Travelocity is a popular online travel agency offering a range of travel services.
- Functions:
- Assists travelers in finding and booking flights, hotels, and rental cars.
- Provides competitive pricing and special offers.
- Offers customer support and assistance during travel disruptions.
Slide 8:
Conclusion
- In conclusion, the six major travel trade intermediaries, including Booking, Expedia, Viator, Hotels, Despegar, and Travelocity, perform essential functions in the travel industry.
- Their services simplify the travel booking process, provide access to a wide range of options, and offer convenience and support to travelers worldwide.
Slide 9:
Thank you!
- We hope this presentation has helped you understand the functions of these travel trade intermediaries.
- For any further inquiries or assistance, feel free to reach out to us.
- Safe travels and happy booking!
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why was bank of america industry successful at one point
Answer:
Bank of America (NYSE:BAC) has had its fair share of missteps over the past decade, but it's also had successes. Topping the list for the latter is the progress it's made in mobile banking, which has enabled the bank to slash operating expenses in its consumer banking segment.
You can get a sense for Bank of America's success in this regard by looking at the number of people who use its mobile application. In the most recent quarter, the bank boasted 19.6 million active mobile users. That's five times the number it had in 2009. To put this in perspective, Bank of America has 60 million total clients within 45 million households.
The impact on Bank of America's transaction mix has been dramatic. Mobile check deposits are up by a factor of 10 since 2012, and now account for 16% of all deposit transactions at the North Carolina-based bank. If you also factor in ATM transactions, two-thirds of Bank of America's deposit transactions are now automated. That compares to only 35% in 2009.
Explanation:
Why are wages and salaries generally determined by the market for labor?
According to maximum economics textbooks, our wages and salaries are decided similar to another price: with the aid of using deliver and call for. People deliver their labor, and organizations call for it, growing a marketplace for labor.
Many dealers and shoppers of exertions services. Consequently, salary and salaries are decided by the intersection of the call for exertions and the deliver for exertions. A curve displaying the one-of-a-kind portions of exertions employers are inclined to lease at one-of-a-kind salary quotes in a given time period, ceteris paribus.
Wages are determined via way of means of deliver and demand, however they may be encouraged via way of means of an extensive kind of factors, along with the price of dwelling in a selected area, the presence of a union and the present-day minimal wage.
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Strengths identified in a SWOT Analysis are new actions a business should implement.
Question 1 options:
True
False
The Strengths that a business identifies when it does a SWOT Analysis are not new actions to be implemented so this is False.
SWOT analysis help a company evaluate itself to know what it needs to do to improve past its competitors. It is an acronym that stands for:
Strengths - these are areas that a company already excels in. Weaknesses - these are areas a company needs to improve in Opportunities - these are potential events that can be leveraged on by a company to become successful Threats - these are anything that can affect a business in a negative manner such as competitor products or government regulationAs shown above, strengths are not a new action to implement but are rather areas and actions that a company is already well-versed at implementing.
In conclusion, it is false that strengths in a SWOT Analysis are new actions that should be implemented.
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There are many types of mutual funds and exchange traded funds, but as an entire group, their primary and defining benefit relative to other types of investments is which of the following:
A. Hybridization
B. Voting rights
C. Government insurance
D. Low management costs
E. Diversification
The primary and defining benefit of mutual funds and exchange-traded funds (ETFs) relative to other types of investments is their ability to provide investors with diversification. The correct option is D.
By investing in a mutual fund or ETF, investors can gain exposure to a wide variety of stocks, bonds, and other assets, thereby reducing their overall risk. This is in contrast to individual stocks or bonds, which can be much riskier investments since they rely on the performance of a single company or entity. Additionally, mutual funds and ETFs typically have lower management costs than other types of investments, making them an attractive option for investors who want to maximize their returns.The correct answer is D.Learn more about diversification: https://brainly.com/question/18647091
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The SPDR S&P 500 ETF Trust (SPY) is a widely used ETF that offers investors a way to gain exposure to the performance of the S&P 500 index, providing diversification, market performance, and liquidity. ETF stands for Exchange Traded Fund. One example of an ETF is the SPDR S&P 500 ETF Trust (SPY). SPY is a popular ETF that tracks the performance of the S&P 500 index, which represents the largest publicly traded companies in the United States.
1. Description: SPY aims to replicate the performance of the S&P 500 index, providing investors with exposure to a diversified portfolio of large-cap stocks.
2. Ticker: SPY
3. Market value: The market value of an ETF represents the total worth of all the shares outstanding. As of September 2021, the market value of SPY is approximately $450 billion.
4. Share Price: The share price of SPY is determined by dividing the market value by the number of outstanding shares. As of September 2021, the share price of SPY is around $440.
5. Strategy: SPY uses a passive investment strategy, meaning it seeks to closely replicate the performance of the S&P 500 index by holding the same stocks in the same proportions as the index.
Investors may choose to purchase SPY for several reasons:
- Diversification: SPY provides exposure to a broad range of large-cap stocks, spreading the investment risk across multiple companies.
- Market Performance: By tracking the S&P 500 index, investors can participate in the overall performance of the U.S. stock market.
- Liquidity: SPY is highly liquid, allowing investors to easily buy or sell shares on the stock exchange.
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A company issues 7% bonds with a par value of $60,000 at par on January 1. The market rate on the date of issuance was 6%. The bonds pay interest semiannually on January 1 and July 1. The cash paid on July 1 to the bond holder(s) is:
$4,200.
$3,600.
$2,100.
$1,800.
$0.
The cash paid on July 1 to the bond holder(s) is: 3600.
The cash paid on July 1 to the bond holder(s) is: =60,000*6%=3600.A cash receipts journal, sometimes referred to as the main entry book, is used in an accounting system to keep track of the sales of items when cash is received by crediting sales and debiting cash and transactions tied to receipts. Credit sales are instead noted in the sales notebook. The cash receipts journal is regarded as a distinct part of the cash account or cash book because it keeps track of the company's cash influx. The receipt is the source document for this primary entry book. A cash receipt is a printed acknowledgement of the amount of money received during a transaction involving the transfer of cash or cash equivalents.
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Write a persuasive argument as an essay or blog entry to address your topic. Use a minimum of 400 words. State your claim clearly with details from reliable sources. Be sure to include
Based on writing methods and techniques, to write a persuasive argument as an essay or blog entry to address your topic, you should start by "Choosing topic you’re passionate about."
What is Persuasive Writing?Persuasive writing is a form of writing that illustrates logical arguments into writing. It usually contains an emotional appeal to influence the readers towards a particular perspective or opinion.
Things to note when writing a Persuasive argument as an essay or blog entryUnderstand what your audience wants.Begin with a fact to hook your readers' attention.Research the both on both sides of what you agreed and disagreed on.Be empathetic in your word usage.Chip in rhetoric question to evoke interest.Emphasize your points with creativity.Hence, in this case, it is concluded that writing a persuasive argument as an essay is more straightforward if you follow the proper steps.
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What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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explain the term democracy!!
Which statement is an example of inflation?
Answer:
The price level of many things you buy increases over time.
Explanation:
The question itself was a bit confusing, like there was going to be options, but i did what i could with what i was given, and found you a good example. I hope this helps! Great to be of service to you! ⚔
Carrie is creating a personal balance sheet. The heading includes the period of time that the balance sheet represents. Which could be the header of Carrie's balance sheet?
Answer:
The answer is Carrie's Balance Sheet (January 2013)
Explanation:
It is titled Carrie's Balance sheet and it shows the date in the title, it is the only one with a specific month compared to a longer period of time.
Answer:Carrie’s Balance Sheet (January 1, 2021)
Explanation: Got it correct on edge.
Dan just lost his job. At 44 years old, he worked as a middle manager at a well-known advertising firm for 14 years. Due to a significant loss of clients, the company had to downsize despite Dan being an exemplary employee and winning several awards. The company decided to let Dan go instead of another middle manager who was in a minority group. In a business setting, this occurrence is referred to as
In a business setting, the given occurrence we called the reverse discrimination
Reverse discrimination is the non-fair treatment of members who belong to the majority group in the workplace that depends upon race, gender, etc.
Reverse discrimination might arise at the time when the majority group like white or males are to be overlooked for following things
JobsPromotionsOther types of opportunitiesThese should provide the preference to the minority group like for women
So therefore we can conclude that In a business setting, the given occurrence we called the reverse discrimination
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pick a hotel to create a 8-12 slide PowerPoint presentation marketing the hotel for 2023
You must include: • Your target market(s) • Your Hotel Features & Benefits: This includes accommodations, amenities, services, food, restaurants, and catering (meetings/event space), local attractions, etc. • What your cost structure will be for customers • HOW ARE YOU GOING TO MAKE A PROFIT? • SWOT Analysis • Unique Selling Point • Photos of the property, and how they practice energy efficiency. • WHY WILL IT SUCCEED?
The Grand Hotel is a five-star hotel situated on the beach of Lake Michigan in Mackinac Island, Michigan. The target market for this hotel would be travelers who are willing to pay a high price for an unforgettable luxury experience.
In this PowerPoint presentation, we are going to discuss the features and benefits of the Grand Hotel, the cost structure for customers, how the hotel is going to make a profit, a SWOT analysis, unique selling point, photos of the property, how they practice energy efficiency, and why this hotel will succeed. Accommodations The Grand Hotel provides luxurious accommodations that are richly furnished and reflect the Victorian era. Every room is uniquely designed with exquisite décor. Amenities The hotel has an outdoor pool, a full-service spa, a fitness center, a golf course, a tennis court, and a variety of water sports activities. Services The hotel offers services such as 24-hour room service, dry cleaning, and laundry services. Food The hotel has several restaurants and bars, including the Main Dining Room, which offers a fine dining experience, and the Jockey Club, which offers casual dining. Catering The Grand Hotel has over 22,000 square feet of meeting and event space for hosting various events such as conferences, weddings, and banquets. Local Attractions
The hotel is located on Mackinac Island, which has various local attractions such as Mackinac Island State Park, Fort Mackinac, and the Mackinac Island Butterfly House & Insect World. Cost Structure The hotel will charge a high price for its luxury accommodations, amenities, services, and food. It will also charge additional fees for catering and events. Profit The hotel will make a profit by charging a high price for its services and amenities. SWOT Analysis Strengths: The hotel's strengths are its location, luxurious accommodations, and amenities. Weaknesses: The hotel's weaknesses are its high prices and limited accessibility to the island. Opportunities: The hotel's opportunities are its potential for expansion and growth. Threats: The hotel's threats are competition from other luxury hotels and a decrease in tourism. Unique Selling Point The unique selling point of the Grand Hotel is its Victorian era design, luxurious accommodations, and its location on the beach of Lake Michigan. Photos The hotel practices energy efficiency by using LED light bulbs, low flow showerheads, and organic cleaning products. The hotel will succeed because it offers a unique and unforgettable luxury experience that travelers are willing to pay a high price for.
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Harriet used her credit card to buy a $779 laptop, which she paid off by making identical monthly payments for two and a half years. Over the six years that she kept the laptop, it cost her an average of $0. 36 of electricity per day. Harriet’s credit card has an APR of 11. 27%, compounded monthly, and she made no other purchases with her credit card until she had paid off the laptop. What percentage of the lifetime cost of the laptop was interest? (Assume that there were two leap years over the period that Harriet kept the laptop, and round all dollar values to the nearest cent. ) a. 7. 03% b. 13. 21% c. 11. 27% d. 6. 97%.
Interest is the charge that is levied on the principal at a fixed percentage. The percentage of interest in the lifetime cost of the laptop is 13.7%.
What is interest?Interest is the payment that the borrower incurs as a percentage of the principal for borrowing money.
Compound interest refers to the interest calculated on the principal and the interest up to the current interest period. The compound interest can be calculated using the formula:
\(\rm Compound\:interest = P(1+ \dfrac{r}{n})^{nt} - P\) , where P is the principal amount, r is the rate of interest, n is the number of times the interest is compounded, and t is the tenure. The total number of period is represented as nt.
The total lifetime cost of the laptop will be the combination of its purchase price, interest, and electricity expense.
Given,
The value of the laptop (P) is $779
The number of years of the loan is 2.5 years.
The APR is 11.27%.
The interest on the laptop will be:
\(\rm Compound\:interest = P(1+ \dfrac{r}{n})^{nt} - P\\\\\rm Compound\:interest = \$779(1+ \dfrac{0.1127}{12})^{(12)(2.5)} - \$779\\\\\rm Compound\:interest = \$779(1.0094)^{30} - \$779\\\\\rm Compound\:interest = \$779(1.3237) - \$779\\\\\rm Compound\:interest = \$1031.167 - \$779\\\\\rm Compound\:interest = \$252.167\)
The electricity charges for 6 years will be calculated as the product of electricity charges per day and the number of days in 6 years.
Total number of days will be calculated as:
\(\rm Total\:number\:of\:days = (365 \times 4) + (366 \times 2)\\\\\rm Total\:number\:of\:days = 2192 \:days\)
Therefore electricity charges will be:
\(\rm Electricity \:charges = 2192 \times \$0.36\\\\\rm Electricity \:charges = \$789.12\)
Hence the total lifetime value of the laptop is:
\(\rm Total\: lifetime \:value = \$779 + \$252.167 + \$789.12\\\\\rm Total\: lifetime \:value = \$1830.287\)
The percentage of interest in total lifetime value is:
\(\rm Percentage\:of\:interest = \dfrac{Interest}{Total\: lifetime \:value}\times 100\\\\\rm Percentage\:of\:interest = \dfrac{252.167}{1830.287}\times 100\\\\\rm Percentage\:of\:interest = 13.7\%\)
The difference in answers could be a result of rounding. Therefore the correct option is b.
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Answer:
✅ A. 7.03%i got it right⬇️
Which resource can you use to view businesses or suppliers divided into different categories?
You may use online or offline _________
to view businesses or suppliers classified into different categories.
Answer:
yellow pages
Explanation:
It's "Yellow Pages" :)
I got it right on plato <3
skills are the most important for accountants when presenting their
work to clients.
O A. Communication
O B. Multitasking
OC. Social media
OD. Math