Over the past six months, Six Flags conducted a marketing study on improving their park experience. The study cost $3.00 million and the results suggested that Six Flags add a kid's only roller coaster.
Suppose that Six Flags decides to build a new roller coaster for the upcoming operating season. The depreciable equipment for the roller coaster will cost $50.00 million and an additional $5.00 million to install. The equipment will be depreciated straight-line over 20 years.
The marketing team at Six Flags expects the coaster to increase attendance at the park by 5%. This translates to 107,883.00 more visitors at an average ticket price of $38.00. Expenses for these visitors are about 13.00% of sales.
There is no impact on working capital. The average visitor spends $21.00 on park merchandise and concessions. The after-tax operating margin on these side effects is 34.00%. The tax rate facing the firm is 35.00%, while the cost of capital is 6.00%.
What is the project cash flow for year 1? (express answer in millions)
What is the NPV of this coaster project if Six Flags will
evaluate it over a 20-year period? (Six Flags expects the first
year project cash flow to grow at 5% per year, going forward)
(Express answer in millions)
In: Finance
An asset has a $200k fair value. It is ‘rented’ on 1/1/A to Lessee Co. for 3 years. At EOY C the asset is expected to have a fair value of $100k when it is returned to Lessor Co. Assume the asset has an expected useful life of 5 years, and that Lessor Co. uses an implicit interest rate of 10% for lease accounting. Lessor depreciates leased type B assets S-L, -0- S.V. Provide the following information.
a. Right of Use Asset, 1/1/A_________
b. Performance Obligation, 12/31/A_________
c. Lease Receivable, 12/31/B_________
d. Annual lease payment__$45646.80__
e. Lessee’s annual lease entries
f. Lessor’s annual lease entries
g. Lessor’s annual depreciation expense_________
In: Accounting
The Company Liv is considering three process alternatives for
its new investment in Ottawa.
Process A has an $80K fixed cost and $4 variable cost for each
product (unit) produced.
Process B has a $120K fixed cost and $2 variable cost for each
product (unit) produced.
Process C has a $200K fixed cost and $1 variable cost for each
product (unit) produced.
1. Draw the graph of fixed, variable and total costs of all
processes in an MS Excel file. (2 points)
2. Which process option will cost least in total if Company Liv is
planning to produce exactly 3000 units? (1 point)
3. Up to how many units Process A is the most feasible (cheapest)
option? (1 point)
4. At how many units Process A and Process B have equal total
costs? (1 point)
5. How many more units can be produced if Process B is selected
instead of Process C when the total budget is $220,000? (1
point)
Please show your graph and answers in one MS Excel file.
In: Operations Management
5. Calculate the net food cost percentage for the Food department of a hotel for the month of May. The total food sales revenue for May was $191,118. The following information has been gathered:
To earn full credit, please calculate these amounts. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts:
First calculate gross cost of food sales $___
6 . Please use the information from Question 5 to calculate the amount to transfer from mail storeroom. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts:
Transfer from mail storeroom $___
2. Please use the information from Question 5 to calculate the amount to transfer to the other outlet. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.
Transfer to other outlet $___
3. Please use the information from Question 5 to calculate the amount in entertainment and promotion checks. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts:
Entertainment & promotion checks $___
4.Please use the information from Question 5 to calculate the amount in management signed checks. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.
Management signed checks $___
5.Please use the information from Question 5 to calculate the amount of food spoilage. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.
Food spoilage $ ___
6. Please use the information from Question 5 to calculate the amount in Employees' meals. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.
Employees' meals $___
7.Please use the information from Question 5 to calculate the amount in happy hour hors d'oeuvres. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts:
Happy hour hors d'oeuvres $ ___
8. Please use the information from Question 5 to calculate the amount in net cost of food sales. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.
Net cost of food sales $___
9.Please use the information from Question 5 to calculate the amount in food cost percentage. Except as indicated below, answers are whole numbers. Be sure to include a minus sign (-) for any negative amounts.
Food cost percentage (round to two decimal points) ___%
10.A 345-room hotel’s food and beverage department recorded food revenue of $3,460,397.5 and beverage revenue of $1,483,027.5. The cost of sales was 27.3% of F & B revenue, and the departmental expenses were 43.2% of F & B revenue. What is the gross profit percentage for the hotel’s F&B department?
Gross profit percentage for the hotel's F&B department (round to one decimal point) ___%.
In: Accounting
Summary
The cost of renting a room at a hotel is, say $100.00 per night. For special occasions, such as a wedding or conference, the hotel offers a special discount as follows.
If the number of rooms booked is:
Also if rooms are booked for at least three days, then there is an additional 5% discount.
Instructions
Write a program that prompts the user to enter:
The program outputs:
Your program must use appropriate named constants to store special values such as various discounts.
Since your program handles currency, make sure to use a data type that can store decimals with a precision to 2 decimals.
In: Computer Science
1) Baltimore Furniture Inc. owns two factories, each of which produces three types of tables – the deluxe, medium and the standard. The company has a contract to supply tables to a newly built hotel in downtown Washington DC comprising of at least 12 deluxe tables, 8 medium tables and 24 standard tables. Each factory produces a certain number of tables during each hour it operates. Factory 1 produces 6 deluxe tables and 2 medium tables. Factory 2 produces 2 deluxe tables, 2 medium tables and 12 standard tables. It costs Baltimore Inc. $150 per hour to produce each table in factory 1 and it costs $120 per hour to produce each table from factory 2. The Company wants to determine the number of hours it needs to operate each factory so that it could meet up with its contract at the lowest cost. Hints: You are required to minimize cost assuming that factory 1 = X and factory 2 = Y.
a. Formulate a linear programming model for this problem. (15 points)
b. Represent this problem on a graph using the attached graph paper. Show the feasible region. (10 points)
c. Solve this model by using graphical analysis showing the optimal solution and the rest of the corner points as well as the costs.
In: Statistics and Probability
Kim Hotels is interested in developing a new hotel in Seoul. The company estimates that the hotel would require an initial investment of $25 million. Kim expects the hotel will produce positive cash flows of $4 million a year at the end of each of the next 20 years. The project's cost of capital is 14%.
$ million
In: Finance
Marilyn Helm Retailers is attempting to decide on a location for a new retail outlet. At the moment, the firm has three alternatives: stay where it is but enlarge the facility; locate along the main street in nearby
Newbury;
or locate in a new shopping mall in
Hyde Park.
The company has selected the four factors listed in the following table as the basis for evaluation and has assigned weights as shown:
|
Factor |
Factor Description |
Weight |
Present Location |
Newbury |
Hyde Park |
|
1 |
Average community income |
0.30 |
40 |
60 |
50 |
|
2 |
Community growth potential |
0.15 |
20 |
20 |
80 |
|
3 |
Availability of public transportation |
0.20 |
30 |
60 |
50 |
|
4 |
Labor availability, attitude, and cost |
0.35 |
80 |
50 |
50 |
a) Based on the given information, the best location for Marilyn Helm Retailers is to open the new retail outlet in
Hyde Park
, with a total weighted score of
54.5054.50.
(Enter your response rounded to two decimal places.)
b) A new subway station is scheduled to open across the street from the present location in about a month, so its third factor score should be raised to
40.
Then, the best location for Marilyn Helm Retailers is to open the new retail outlet in
Hyde Park
Hyde Park
Newbury
Present Location
, with a total weighted score of
nothing.
(Enter your response rounded to two decimal places.)
In: Economics
Kim Hotels is interested in developing a new hotel in Seoul. The company estimates that the hotel would require an initial investment of $20 million. Kim expects that the hotel will produce positive cash flows of $3 million a year at the end of each of the next 20 years. The project's cost of capital is 13%. While Kim expects the cash flows to be $3 million a year, it recognizes that the cash flows could, in fact, be much higher or lower, depending on whether the Korean government imposes a large hotel tax. One year from now, Kim will know whether the tax will be imposed. There is a 50% chance that the tax will be imposed, in which case the yearly cash flows will be only $2.2 million. At the same time, there is a 50% chance that the tax will not be imposed, in which case the yearly cash flows will be $3.8 million. Kim is deciding whether to proceed with the hotel today or to wait 1 year to find out whether the tax will be imposed. If Kim waits a year, the initial investment will remain at $20 million. Assume that all cash flows are discounted at 13%. Use the Black-Scholes model to estimate the value of the option. Assume the variance of the project's rate of return is 7.32% and the risk-free rate is 6%. Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Do not round intermediate calculations. Round your answer to two decimal places.
In: Finance
please write the code in C format avoid using (<<count>>)
Assume that you work for a travel agency. Write a C program that
performs 7 different tasks described below
for this company. The flights have the following
daily departure and arrival times:
| hotel name | cost | ride cost | |
| Rose | 248$ | 0$ | |
| Poprock | 90$ | 25$ | |
| flower | 128$ | 20$ |
| departure time | arrival time | cost |
| 7:15 am | 8:25am | 231$ |
| 8:15 am | 9:25am | 226$ |
| 9:15am | 10:25am | 226$ |
| 10:15am | 11:25am | 283$ |
| 11:15am | 12:25pm | 283$ |
| 3:15pm | 4:25pm | 226$ |
| 4:15pm | 5:25pm | 226$ |
| 5:15pm | 6:25pm | 401$ |
a) Based on the time entered by the customer, the closest departure time is displayed using 12- hour format.
b)the customer is asked if they would like a hotel and for how many days. hotel cost is mentioned above. Calculate the total cost (before taxes) and display it (flight + hotel for n number of days +ride).
c) now there is 2 types of discount:
Discount1: If the total fee is a multiple of 11,
then the
customer gets a 6% discount.
Discount2: An additional discount of 7% is given
to those customers whose subtotal
after discount1 is a multiple of the sum of digits of the
customer’s day of birth.
Three examples are given below for your convenience. See Sample
Input / output
for more clarification.
• Ex1: If the day of birth entered is 3, the customer will get an
additional 7%
discount if the sub-total of their purchase after discount1 is a
multiple of 3.
• Ex 2: If the day of birth entered is 12, the customer will get an
additional 7%
discount if their purchase after discount1 is a multiple of 3
(since sum of digits of
day of birth (12) is 3).
c)13% tax is applied to the total cost and the final bill is?
In: Computer Science