User Account

All Pages

What will be the incremental revenue

Assignment Help Accounting Basics
Reference no: EM133035558

Question - The Riverview Hotel is a deluxe four-star establishment. Late on Friday, it had 20 of its 300 rooms available when the desk clerk received a call from the Pines Hotel. The Pines Hotel made a booking error and did not have room for 4 guests (each of whom had a "confirmed" room). The Pines wants to send its customers to the Riverview but pay the rate the guests would have been charged at the Pines ($150 per room) rather than paying the normal rate of $240 per room at the Riverview. If the Riverview accepts the guests, what will be the incremental revenue?

Reference no: EM133035558

Questions Cloud

Greatest and lowest relative variability : Select which bread type has the greatest and lowest relative variability.
Assignment on strategic management : There are 5 basic reasons that firms have to justify an acquisition (reduce costs, gain market power, increase growth, learn to build capabilities & manage risk
What is the incremental costs associated : The company is currently producing and selling jars of sauce The jars of sauce sell for $4 per jar. What is the incremental costs associated
What are two common classical soups : Question 1: What two things to check for presentation before serving soups and sauces?
What will be the incremental revenue : The Pines Hotel made a booking error and did not have room for 4 guests (each of whom had a "confirmed" room). What will be the incremental revenue
Explain which element of fraud triangle rohini is referring : Explain in your own words the internal control that may have failed in the above situation. Also explain which element of the fraud triangle Rohini is referring
How to recognize cultural differences : 1. Regarding the impact of culture when doing International Business. What are the advantages and disadvantages of knowing how to recognize cultural differences
What would be the expected market price : Assume bond investors' required rate of return on the bond is 8.9%. What would be the expected market price of this bond
Elaborating on the product and service features : Business strategy for entering the cell phone service industry. Assume that you run a start-up and have decided to enter the cell phone service industry.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd