1. Because of a job change, Ben Hardesty has just relocated to the southeastern United States. He sold his furniture before he moved, so he's now shopping for new furnishings. At a local furniture store, he's found an assortment of couches, chairs, tables, and beds that he thinks would look great in his new two-bedroom apartment; the total cost for everything is $3,000. Because of moving costs, Ben is a bit short of cash right now, so he's decided to take out an installment loan for $3,000 to pay for the furniture. The furniture store offers to lend him the money for 36 months at an add-on interest rate of 7 percent. The credit union at Ben's firm also offers to lend him the money - they'll give him the loan at an interest rate of 11.5 percent simple, but only for a term of 24 months.

1. Compute the monthly payments for the loan from the furniture store. Round the answer to the nearest cent.   (1)

2. Compute the monthly payments for the loan from the credit union. Round the answer to the nearest cent.  (1)

3. Determine the APR for the loan from the furniture store. Do not round intermediate calculations. Round the answer to 2 decimal places.   (1)

d. Determine the APR for the loan from the credit union. Do not round intermediate calculations. Round the answer to 2 decimal places. (1)

You are a commercial loans officer at a major bank. It is October 1. Halloween Costume and Supplies Shop, located in Regina, has approached you with a request for a loan. The company manager brought in a balance sheet and a listing of income statement accounts. The company’s year-end is September 30. Prepare a report for your manager with the following: 1) Prepare an income statement in the proper format. 2) Is this a high or low-risk loan? 3) Provide financial analysis on the balance sheet (ratios) 4) Discuss any non-financial factors you may think are important 5) Recommend whether to provide the loan and why. Halloween Costume and Supplies Shop Balance Sheet As of September 30, 2019 ASSETS LIABILITIES AND EQUITY Cash $8,228 Accounts Payable $206,080 Accounts Receivable $368,280 Wages Payable $46,480 Inventory $42,480 Taxes Payable $84,000 Total Current assets $418,988 Total Current Liabilities $336,560 Store Furnishings $840,000 Long term debt $184,000 Accumulated dep'n ($404,000) Shareholders' equity $234,428 TOTAL ASSETS $754,988 TOTAL LIABI & EQUITY $754,988 INCOME STATEMENT ACCOUNTS Salaries expense $182,616 Cost of Goods Sold $740,740 Depreciation expense $69,322 Sales revenues $1,134,567 Office expenses $63,542 Selling expense $61,728 Income tax rate 20%

1. The greenwood hotel invested a single amount of 100,000 at 8% for 10 years. Assume annual compounding. A. How much interest will be earned over the first five years? B. How much interest will be earned over the last five years? C. What will be the total amount of the investment after 10 years?

A tourist from the US spends three nights in a hotel in Amsterdam Which statement(s) is (are) true?

a. This increases GDP of the Netherlands and decreases net exports of the US.

b. This increases GDP of the Netherlands and increase consumption of the US.

c. This increases consumption of the US, but decreases net exports of the US.

d. All of the above are correct

The food and beverage department and its housekeeping counterpart employ the vast majority of the employees in a full-service hotel. These departments are very labor-intensive because it is not practical to use technology to replace human workers in these areas. To what extent do you think technology will replace employees in the food and beverage department in the future? Why?

Please answer each question in 350-500 words.

How have you observed/experienced diversity in the work place(Marriott Hotel)? This can be co-worker to co-worker, co-worker to guest, etc. These different groups include male/female, ages, sexual orientation, race, socioeconomic status, etc.

Needs to document an amusement park ride. For example: Round rotating cylinder where the floor drops out. The information can come from any online website. Needs to know the radius and speed at which the ride needs to rotate so that you don't fall?

Calculate the coefficient of static friction for this ride also

Based on recent data, there are on average 1.3 days per winter where snowfall reaches more than 6 inches in Central Park, New York City. We’ll call these “snow days”.

Assume that there were more than 2 “snow days” this winter. What is the chance that exactly 4 such days occur?

In the list below tell me whether it’s a private good, public good, common resources or club resources. Explain.

Fish in Beaverkill stream in Roscoe NY

NYC Central Park
NYC water from the Catskill Mountains

Basic research on cancer drug

Radio broadcasting system

Cable television signals