Consider the following data:

a. Calculate the profit for each quantity. How many units should this firm produce to maximize profit?

b. Calculate MR for each quantity. Calculate MC for each quantity. Does the profit-maximizing formula support your answer from part a?

c. Is this firm perfectly competitive? How do you know? Is it in the long-run equilibrium? How do you know?

d. Depict the graph.

6 Insert a vertical lookup function in cell H5 to display the amount of down payment for the first client based on the membership type.

7 Insert a formula in cell I5 to calculate the balance due on the membership. Copy the formulas in columns H and I for the rest of the clients.

8 Insert the PMT function in cell J5 to calculate the first client’s monthly payment, using appropriate relative and absolute cell references. Copy the formula down the column.

9 Calculate totals for Annual Total, Total Due, Down Payment, Balance, and Monthly Payment on row 14.

Q3: Why can a hotel, motel, or restaurant usually operate with a current ratio
considerably lower than other types of businesses, such as manufacturing
companies?

Servicescapes are the physical surroundings in which a service is delivered. What is the strengths and weaknesses of the layout of that Servicescapes from the hotel industry of both service delivery and the customer?

The Palace Theater opened on April 1. All facilities were completed on March 31. At this time, the ledger showed No. 101 Cash $6,000, No. 140 Land $12,000, No. 145 Buildings (concession stand, projection room, ticket booth, and screen) $8,000, No. 157 Equipment $6,000, No. 201 Accounts Payable $2,000, No. 275 Mortgage Payable $10,000, and No. 311 Common Stock $20,000. During April, the following events and transactions occurred.

In addition to the accounts identified above, the chart of accounts shows No. 112 Accounts Receivable, No. 136 Prepaid Rent, No. 400 Service Revenue, No. 429 Rent Revenue, No. 610 Advertising Expense, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense.

A. Enter the beginning balances in the ledger as of April 1

b.Journalize the April transactions. Palace records admission revenue as service revenue, rental of the concession stand as rent revenue, and film rental expense as rent expense.

c.Post the April journal entries to the ledger.

d.Prepare a trial balance on April 30, 2017.

A survey found that​ women's heights are normally distributed with mean 63.3 in. and standard deviation of 3.7 in. The survey also found that​ men's heights are normally distributed with a mean 68.6 in. and standard deviation 3.3 in. Most of the live characters employed at an amusement park have height requirements of a minimum of 55 in. and a maximum of 62 in. Complete parts​ (a) and​ (b) below.

a. Find the percentage of men meeting the height requirement. What does the result suggest about the genders of the people who are employed as characters at the amusement​ park?

The percentage of men who meet the height requirement is = %.

​(Round to two decimal places as​ needed.)

NOTE: THIS IS FOR MY LEGAL ENVIRONMENT CLASS

11. In June, Daniels contracted with Lefkowitz to build a stone path leading from the road to his vacation home. Daniels asked him to complete the job within 11 (eleven) months. Explain whether Lefkowitz and Daniels must enter in a written agreement for such a contract to be enforceable.

12. The hotel workers union of Metropolis strikes in spite of a no-strike clause, causing several conventions to be canceled. Restaurant owners in Metropolis want to sue the hotel workers union for their loss of business caused by the canceled conventions. Will the restaurant owners win their suit?

At year-end (December 31), Chan Company estimates its bad debts as 0.5% of its annual credit sales of $975,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $580 account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off.

Prepare the journal entries for these transactions.

• Record the estimated bad debts expense.
• Wrote off P. Park's account as uncollectible.
• Reinstated Park's previously written off account.
• Record the cash received on account.

A 20 month old child recently fell seven stories from a balcony of the Pompano Beach, Florida Quality Inn. The child survived the fall. The plaintiff charged that the corroded railing gave way on the balcony. Experts have said that salty sea air can rapidly eat through the metal railings that line thousands of hotel balconies in South Florida beachfront hotels. Warnings had been placed in all of the guestrooms advising people to stay away from the railings and to supervise their children.

Basis of action of plaintiff against the hotel.

a. What are the specific legal basis for seeking damages?