I believe the answer is: Strategy
Strategy reefers to planned decision that is used to achieve a certain goal. In the example above, the goal of the hotel is to survive the downturn.
Conley realized that front-employees are the most curical resources in such situation since they are basically the main people that directly handled the customers. So, he choose a strategy to improve their general welfare and sacrificing his own needs.
Answer:
8.0 %
Explanation:
inflation gap = 3 - 2 = 1
=3 + 2 + (.5 x 1) + (.5 x 5)
= 8.0
They are in the "collecting information" stage of planning.
Answer:
3) debit to Cash for $348.
Explanation:
The complete journal entries should be:
Dr Cash account 348
Cr Sales Revenue account 320
Cr Sales Taxes Payable account 28
Cash is an asset account and it increases, so it should be debited.
Sales revenue is a revenue account and it increases, so it should be credited.
Sales taxes payable is a liability and it increases, so it should be credited.
