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Question - The 100 room limited service Pepper Inn has an ADR of $80 and variable costs per room sold of $15. Assume there is no other sales activity. Its monthly fixed costs total $100,000.
How many rooms must be sold to breakeven?
What day of the month does it break even if it averages a paid occupancy percentage of 60%? Assume all 100 rooms are available for sale each day.
If variable costs are reduced by $3 and fixed costs increase by $72,000 annually what are the monthly breakeven revenues?
Explain what a Member of Business should do if they are not satisfied that the financial statements of an employing organisation are presented in line
Determine the standard material cost of a 10 litre container of the new product. Tahmar Valley Chemical Company manufactures industrial chemicals.
Explain why several government bond yields (including German, French and Swiss) turned negative in January 2015? Discuss the implications to issuers
Distinguish between the 3 capital investment techniques of (1) Net Present Value, (2) Internal Rate of Return, and (3) Payback Method
What was Robinson's net investment in working capital each year? The Robinson Company has the following current assets and current liabilities for these two years:
Buy the 21077 units of XYZ it needs annually from Division A. What is the incremental benefit to Sebastian Enterprises if an internal transfer takes place
Which of the best describes a segment of a business responsible for both revenues and costs? A residual income centre./ An investment centre.
Prepare a table of entities and activities for the above narrative - Prepare a system flowchart and convert the Level 0 logical data flow diagram (DFD) shown below into a narrative
Marigold also incurs selling and administrative expenses of $74,400 plus $2 per pair for sales commissions. What would be the effect on Marigold income
What recommendations can be made for the upcoming year in budgeting to the CFO for additional profitability and increasing revenue?
What would you do if you were in Susan's? If Susan increases the value of the current year's ending inventory, what will be the effect on the year's net income?
How does management greed influence budget decisions and understand the value of the budget as a blueprint for the business - even in times of exceptional.
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