Quantum Logistics, Inc., a wholesale distributor, is considering constructing a new warehouse to serve the southeastern geographic region near the South Carolina-Georgia border. There are three cities being considered. After site visits and a budget analysis, the expected income and costs associated with locating in each of the cities have been determined. The life of the warehouse is expected to be 12 years, and MARR is 15 percent / year. Based on an internal rate of return analysis, which city should be recommended?
| City | Initial Cost | Net Annual Income |
|
Clemson |
$1,260,000 |
$480,000 |
|
Augusta |
$1,000,000 | $410,000 |
|
Beaufort |
$1,620,000 | $520,000 |
In: Economics
case study question
Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business.
She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her.
During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs. In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation
In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.
The dual roles of mother and entrepreneur often conflict, and husbands and wives
tend to develop separate career tracks that often cannot be reconciled. Women can
also find it lonely in a business world, especially if clients are predominantly men,
this was a problem for Yinari too.
Many women, however, have businesses that fit well with their interest and with
women customers. These include services in beauty care, nutrition, education,
entertainment etc. Nevertheless, being in business often exacts a double price for
women, yet for those with determination like Yinari, the rewards are always waiting.
Your Task as Business Consultant , Prepare a report regarding the following issues below :
a.Find a profile of successful Local and International Entrepreneur Women in the hospitality industry and explain the factors that drive their success !
b. As a business consultant, what is the Innovation that you will suggest to miss Yinnary for her hotel? Explain
In: Economics
Companies can use three strategies to lower their breakeven point: 1. Increase selling price; 2. Decrease variable costs; 3. Decrease fixed costs. Thinking in terms of cost structure and breakeven point, explain how a movie theater might respond to a negative demand shock (a sudden significant drop in demand as a result of external events) such as happened after the September 11th attack on the World Trade Center, Superstorm Sandy, etc.
In: Accounting
In 2017, Nobles Company paid $975,000 for real estate that
included a tract of
land on which two buildings were located. The plan was to demolish
Building A,
and build a new store in its place. Building B was to be used as a
company
office, and was appraised to have a value of $315,000, with a
useful life of 20
years, and a $45,000 scrap value. A lighted parking lot near
Building B had
improvements valued at $105,000 that were expected to last another
five years,
and have no salvage value. In its existing condition, the tract of
land was
estimated to have a value of $630,000.
Nobles company incurred the following additional costs:
(a) Cost to demolish Building A, to make the Land
useable............. $71,250
(b) Cost to landscape new building
site............................................ $81,000
(landscaping was predicted to last 20 years, no scrap value)
(c) Cost to build new building (Building C) on former site of
Building A, having a useful life of 25 years, and a $75,000
scrap
value..................................................................................
$1,125,000
(d) Cost of new land improvements for Building C, which have
an
8-year useful life, and no scrap
value.......................................... $187,500
i) Prepare a form having the following headings: Land, Building
B, Building C,
Land Improvements B, and Land Improvements C. Allocate the
costs
incurred by Noble Company to the appropriate columns and total
each
column.
ii) Prepare a single journal entry dated July 1, 2017, to record
all of the costs
incurred, assuming they were all paid in Cash.
iii) Prepare December 31, 2017, adjusting entries to record
depreciation for the
months during 2017 that the assets were in use. Use
straight-line
depreciation for your calculations.
In: Accounting
The number of defects after a hotel room cleaning (sheets not straight, smears on mirror, missed debris on carpet, fresh towels not folded, etc.) should be measured using what type of process control chart?
|
A) x-bar chart |
||
|
B) R-chart |
||
|
C) p-chart |
||
|
D) c-chart |
In: Other
Modern Visionary Hotel Chain has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in six years, and have a 5 percent coupon. The annual yield to maturity is 12.6%. What is the bonds current price? (round to the nearest penny)
N:
I:
PV:
PMT:
FV:
In: Finance
In: Economics
A geographer and social worker are teaming up to investigate whether population density, average distance to a large grocery store, and proportion of park/playground area has an impact on community ‘wellness’. What will these researchers need to do to measure wellness? Why? Use research/statistical terms covered in this course in your explanation.
In: Statistics and Probability
Where do you want to go? Mountains? Ocean?... What do you want to see? Landscapes? Wildlife? What do you want to do? Hiking? Biking Kayaking?.. Where do you want to sleep? In a hotel in a tent?... How long do you want to stay? A day? A week?
In: Nursing
A
In Re Ellenborough Park [1956] Ch 131 the English Court of Appeal outlined the essential requirements of easements.
· Explain each of those requirements for the creation of an easement.
· Discuss the major means by which easements may be created over Torrens title land.
· Discuss the major means by which easements may be extinguished.
In: Accounting