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A 45-room resort hotel has three sizes of rooms, as follows: 15 singles at 150 square feet each 15 doubles at 220 square feet each 15 suites at 380 square feet each Occupancy is 80 percent. Demand for each type of room is aboutequal. The projected total sales revenue from rooms next year is $912,500. If average room rate were to be based solely on room size, what would the average room rate for each type of room be next year?
sales 1600 units beginning inventory 500 units 4 purchases in chronilogical order 600 units 5 800 units 6 400 units 8
The Big Corporation expects next year's net income to be $20 million. The firm's debt ratio is currently 30%. Big has $18 million of profitable investment opportunities, and it wishes to maintain its existing debt ratio.
Prepare an income statement and statement of cash flows for the 2009 accounting period.
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vector corporation invested 290000 cash in available-for-sale marketable securities in early december. on december 31
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