You are calculating potential income from an association's request for proposal. The convention will require 200 rooms for three nights, 3 lunches for 350 people at each lunch, and AV equipment for 10 breakout rooms for three days. Assuming you charge $150 per night per room, $10 per person per lunch, and $300 total per breakout room per day for the A/V equipment, what is your estimated income for the convention?

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.

Identify the level of the literature hierarchy for u.s. gaap to which each item belongs

You are the owner of a local honda dealership. unlike other dealerships in the area, you take pride in your “no haggle” sales policy. last year, your dealership earned record profits of $1.5 million. however, according to the local chamber of commerce, your earnings were 10 percent less than either of your competitors. in your market, the price elasticity of demand for midsized honda automobiles is 4.5. in each of the last five years, your dealership has sold more midsized automobiles than any other honda dealership in the nation. this entitled your dealership to an additional 30 percent off the manufacturer’s suggested retail price (msrp) in each year. taking this into account, your marginal cost of a midsized automobile is $11,000. what price should you charge for a midsized automobile if you expect to maintain your record sales?