Comparing exhibits held in conjunction with conventions with those held as part of a trade show, which of the following statements about hotel revenue from each of these types of exhibits is true?
What will be an ideal response?
Answer: Hotels can generally charge more for exhibits that are part of trade shows than they can for exhibits that are part of conventions.
Business
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Saturn, Inc. signed a one-year $24,000 note payable at 8% interest on May 1, 2017. How much interest expense must be accrued on May 31, 2017?
A) $1,920 B) $12,800 C) $160 D) $80
Business
If a business had a 100 percent market share, then ________
A) it would be unable to achieve full market potential B) it would see beyond the articulated needs of served customers C) its sales would equal the market demand D) its net marketing contribution would be negative E) marketing and sales expenses would exceed gross profit
Business