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Question - A hotel has 100 rooms, open 300 days a year with a 50% occupancy and sales of $1,500,000.
1. What is the ADR?
2. What is the REVPAR?
3. If they were able to increase occupancy to 70% with the same ADR what would be the increase in sales.
The assets belong in a 20% CCA class and will have no salvage value. What is the project's equivalent annual cost if the required return is 14%
What amount should Reliable report as a current liability for Unearned Insurance Premiums at December 31
Howell Co. had the following first-year amounts for a $7,000,000 construction contract: What amount should Howard recognize as gross profit
Lambert Company will ship 1,500,000 pounds of goods to customers at a cost of $1,200,000. Compute the amount of shipping cost assigned to the customer
Prepare the correcting entry required on December 31, 20X8, to properly report the investment under the equity method, assuming the books have not been closed.
How does the corporate structure allow businesses to grow and thrive in our economy? The response must be typed, single spaced.
Actual overhead costs for June were $280,000, and output was 6,000 units. Determine for June: Budgeted overhead at standard volume
Their monthly expenses total $1,550. Calculate the minimum amount this couple needs to establish an emergency fund
Prepare a Summary (by year) Cash Flow budget for the ten years estimated to pay for this project. How much in total will the City Band trustees need to pay
Drawings required by patent office to be filed with patent application, P50,000. How much is the cost of patent and research and development
The Premier Car Title Loan Company makes emergency loans of up to $500 for one month for a fee. What is the effective rate per year
Question - On January 1, 017, Samsung Company loaned Sansui Company amounting to P2,000,000. Determine the carrying value of the loan in 2020
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