long-lived assets generally include those expenditures that: 1) are made for normal repairs to maintain the usefulness of the asset over a number of years. 2) are for items that have a physical life of more than a year‚ regardless of their cost. 3) are material and that have an economic benefit to the entity only in the current year. 4) are material and that have an economic benefit to the entity that extends beyond the current year. Question 11 0 / 1 point Cassady‚ Inc.
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DECISION MAKING IN THE HOSPITALITY INDUSTRY Decision making is a process of selecting the best among the different alternatives. It is the act of making a choice. There are so many alternatives found in the hospitality industry. It is the selection of choice of one best alternative. Before making decisions all alternatives should be evaluated from which advantages and disadvantages are known. It helps to make the best decisions. Strategies for Decision Making It can be argued that an individual
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Alternative fuels‚ also known as non- renewable sources‚ are substances that can be used as fuels‚ other than conventional fuels. Conventional fuels include: fossil fuels (petroleum (oil)‚ coal‚ propane‚ and natural gas)‚ and nuclear materials such as uranium. [ 1] The fuels we use now are finite‚ meaning they have a limited life expectancy. This along with the toxic waste they produce has made environmentalist and government officials alike take precautionary steps so that we do not
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Questions Case #5 – Marriott Corporation: The Cost of Capital 1. Are the four components of Marriott’s financial strategy consistent with its growth objective? 2. How does Marriott use its estimate of its cost of capital? Does this make sense? 3. What is the weighted average cost of capital for Marriott Corporation? a. What risk free rate and risk premium did you use to calculate the cost of equity? b. How did you measure Marriott’s cost of debt? 4. If Marriott used a single corporate
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their own decision; as opposed to the fundamental “do as told” style. Well I think that basically comes down to the fact that history has shown us that there are multiple ways to achieve an objective and the only limit is our imagination. We need to learn how to make good decisions. Good decision-making brings about a better life. It gives you some control over your life. In fact‚ many frustrations with oneself are caused by not being able to use one’s own mind to understand the decision problem
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ALTERNATIVE MARKET STRUCTURES It is traditional to divide industries to categories according to the degree of competition that exists between the firms within the industry. There are four such categories. At one extreme is perfect competition‚ where there are many firms competing. Each firm is so small relative to the whole industry that it has no market power to influence price. It is a price taker. At the other extreme is monopoly‚ where there is just one firm in the industry‚ and hence no competition
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Decision Analysis Page 1 of 4 Decision Analysis Donna L. Christian‚ Strayer University Winter Quarter (MAT 540) Instructor: Mune Lokesh March 11‚ 2012 Decision Analysis Page 2 of 4 In business today‚ many decision-making situations occur under conditions of uncertainty. The demand for a product can be one number this week and double that number next week or vice versa. There are several decision-making techniques to aid the decision maker in dealing with these types of uncertainties
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in fueling one’s car have risen. Gas has become pricey‚ and the controversial argument that oil will one day perish are factors that have led people to find other alternatives. Biodiesel is an efficient alternative fuel‚ for the reason that biodiesel is a safe‚ eco-friendly‚ and affordable option. Biodiesel is a clean burning alternative fuel. It is renewable and generated from a variety of vegetable oils and animal fats‚ not raw vegetable oil. Raw vegetable oil cannot be utilized because it has
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Opportunity Cost Scarcity of resources is one of the more basic concepts of economics. Scarcity necessitates trade-offs‚ and trade-offs result in an opportunity cost. While the cost of a good or service often is thought of in monetary terms‚ the opportunity cost of a decision is based on what must be given up (the next best alternative) as a result of the decision. Any decision that involves a choice between two or more options has an opportunity cost. Opportunity cost contrasts to accounting cost in
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Outcomes of Foster Care Angela Nagle COM 150 May 16‚ 2010 Michelle Vanderhoof Growing up many children think that it is normal how they are living‚ whether it is good or bad. On the bad side it could be from getting abused to not always having enough food to eat; or sleeping on the floors to sleeping in the family car. When social services finds out about something like this‚ they do their best to better the situation. One situation they try is placing children in protective custody‚ also
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