A survey of 1375 people who took trips revealed that 125 of them included a visit to a theme park. Based on those survery results, a management consultant claims that less than 10 % of trips include a theme park visit. Test this claim using the α=0.01 significance level. The test statistic is The critical value is

Self-check-in and self-check-out saves guests time and can be very appealing to them, however, some hotels believe that guests prefer to interact with hotel staff during their registration and departure. Discuss your position on this matter and how your perspective may change depending on the type of hotel or type of guest involved.

Many proponents of environmental safety and public health are concerned about the creation, spread, and potential impact of genetically modified foods. The United States, Canada, and Argentina are some of the leading producers of genetically modified foods made from bioengineered organisms (GMOs). The U.S. government believes that GMOs are important for the world’s food supply because they can boost food production and nutrition and lead to both disease-resistant crops and better-tasting foods. Many respected scientific studies vouch for the safety of GMOs for human and animal consumption and on the Earth’s environment. GMOs are important to U.S. agriculture economically. According to the U.S. Department of Agriculture, approximately three-quarters of U.S. soybean and cotton production and over one-third of corn production are genetically modified. However, many consumer groups and countries argue that the dangers to humans, wildlife, and the environment are unknown. Genetically modified corn and soy were approved for sale in the EU prior to 1998, but the European countries ceased new approvals after that time. In addition, the EU and several other countries have adopted regulations requiring the tracing of biotech crops through the chain of distribution, and they imposed strict labeling requirements on all foods and animal feed containing more than 1 percent GMO. European consumers who fear GMO foods will not purchase products with these labels. The United States claims that the requirements are expensive and unnecessary and have cost U.S. farm exporters hundreds of millions of dollars in lost revenues. In 2003, the United States requested a WTO panel to decide whether the moratorium and labeling requirements violate the WTO Sanitary and Phytosanitary Agreement. Research the history of the WTO’s deliberations. What was the outcome? Can you find any decisions of the European Court of Justice on GMOs? What is the current state of EU legislation on GMOs? What is your opinion? Do you think that GMOs should be permitted, or do you think they present some possible harm to the environment or to public health?

Spartan Corporation manufactures quidgets at its plant in Sparta, Michigan. Spartan sells its quidgets to customers in the United States, Canada, England, and Australia.

Spartan markets its products in Canada and England through branches in Toronto and London, respectively. Title transfers in the United States on all sales to U.S. customers and abroad (FOB: destination) on all sales to Canadian and English customers. Spartan reported total gross income on U.S. sales of $11,400,000 and total gross income on Canadian and U.K. sales of $3,800,000, split equally between the two countries. Spartan paid Canadian income taxes of $456,000 on its branch profits in Canada and U.K. income taxes of $532,000 on its branch profits in the U.K. Spartan financed its Canadian operations through a $9 million capital contribution, which Spartan financed through a loan from Bank of America. During the current year, Spartan paid $540,000 in interest on the loan.

Spartan sells its quidgets to Australian customers through its wholly owned Australian subsidiary. Title passes in the United States (FOB: shipping) on all sales to the subsidiary. Spartan reported gross income of $2,040,000 on sales to its subsidiary during the year. The subsidiary paid Spartan a dividend of $703,500 on December 31 (the withholding tax is 0 percent under the U.S.- Australia treaty). Spartan was deemed to have paid Australian income taxes of $346,500 on the income repatriated as a dividend.

a. Compute Spartan’s foreign source gross income and foreign tax (direct and withholding) for the current year.

b. Assume 20 percent of the interest paid to Bank of America is allocated to the numerator of Spartan’s FTC limitation calculation. Compute Spartan Corporation’s FTC limitation using your calculation from question a and any excess FTC or excess FTC limitation (all of the foreign source income is put in the general category FTC basket). (Do not round intermediate calculations.)

Consider the assumptions that framed the analysis. Removing a hotel from the secondary competition and add it to the primary competition. What effect does taking out a Hotel from secondary competition has on the overall analysis? On Demand Base , changes in overall penetrations, changes in the market segment penetrations for the individual hotels, market segment mix for the entire market, and demand.

Park Corporation is planning to issue bonds with a face value of $3,500,000 and a coupon rate of 10 percent. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Park uses the effective-interest amortization method and also uses a premium account. Assume an annual market rate of interest of 8.5 percent.

1. Prepare the journal entry to record the issuance of the bonds.

2. Prepare the journal entry to record the interest payment on June 30 of this year.

3. How will Park present its bonds on its June 30 balance sheet?

Hospitality and Tourism Management Subject:

A big business-oriented hotel has 505 rooms. Five of those rooms had an issue with a leaking bathroom. On Tuesday night, 440 rooms were occupied (sold). On Friday night, 240 rooms were occupied (sold).

The hotel's room revenue (sales) for Thursday was $90 200. The room revenue (sales) for Friday was $38 400

- What was the Occupancy percent, the ADR and the RevPar for Thursday and Friday?

- What do the numbers for Occupancy, ADR, and RevPar for the two days tell you - please comment on each number and explain what "conclusions" you would make if you are the general manager of the hotel.

- Which characteristic of the lodging industry is "causing" the different occupancy for Thursday and Friday night? Please explain briefly. What can a hotel manager do to address this issue?

- What are some specific services and amenities this segment (business traveler) would be interested in when staying in the hotel? Please list and explain at least 4.

Financial controller of the Mondavi Hotel has the following information about estimated sales revenue and operating expenses for September, October and November.

The controller knows that cash sales are 30% of total sales and remaining sales are on credit. For the collection of credit sales, 50% are collected in the month of sales while the remaining 50% is collected in the following month. Mondavi Hotel pays 60% of the operating expenses in cash in the month they incur and remaining 40% is paid in the following month. In addition to this information, the controller is informed that:

• In October, Mondavi Hotel will replace the range in the main kitchen, which will cost $14,000 and will be paid in cash immediately.
• Each month, $20,000 will paid to a national bank to reduce an outstanding long-term debt.

Mondavi Hotel uses cash receipts and disbursement method for cash budgets.

Given the information:

If the beginning cash balance for October is $150,000, what would be the ending balance in October?

using c++ You have been contracted to build a hotel reservation system. This is the system that hotel desk clerks will use to take desk reservations.

Assumptions: This is acting as though the only reservations taken are at the desk. All reservations are for one night. The hotel is empty when you start the program.

First, this program will give the full inventory of rooms in the hotel.

Total rooms: 122

There are four types of rooms with these prices:

• Standard Rooms, Courtyard - 70 - $125 a night
• Standard Room, Scenic - 35 - $145 a night
• Deluxe Suite - 15 - $350 a night
• Penthouse - 2 - $1135 a nigh

  Second, the program will allow for a room to be reserved for one night. The program will keep track of the inventory as rooms are being reserved.

  Third, the program will keep track of revenue brought in for the day from reserved rooms.

  Fourth, the user can choose a getTotal() function that will display remaining room inventory, what was reserved and revenue generated for the day.

• PLEASE NOTE: This project must incorporate a class friend or class inheritance structure.

1)Lexical heads are typically

Select one:

a. closed class lexical items

b. phonologically null

c. no class lexical items

d. open class lexical items

2)The subject of the sentence `the woman with a big dog on a flimsy leash in the public park behind my house saw a horse' is:

Select one:

a. the woman with a big dog

b. the woman

c. the woman with a big dog on a flimsy leash in the public park behind my house

d. the woman with a big dog on a flimsy leash in the public park

3)How many PPs are there in the sentence `the woman with a big dog on a flimsy leash in the public park behind my house saw a horse'?

Select one:

a. 3

b. 4

c. 2

d. 1

4)Which sequences of words can we perform 'it-substitution' on in the following sentence: `the proposal of Trump is very stupid'?

Select one:

a. proposal of

b. the proposal of Trump

c. Trump is

d. the proposal