You  are an entrepreneur who is designing a new line of boutique hotels located along Florida’s coastlines. Each of the 75 guest rooms in each hotel will offer upscale decor, Wi-Fi, and iPod docks for a nightly rate of $299. The hotels will have a spa, an on-site restaurant and a separate full-service bar that features local musicians. Describe the demographics—age, gender, family life cycle, income and social class, ethnicity, and place of residence—of your target customer.

What kind of forward and backward linkages would each of the following publicly funded program might have? Comment on the number, strength, and intrinsic profitability of the linkages. Do you recommend that this initiative should be funded by the government or should it be left to the private sector?

a. Construction of a big hospital in a rural area where is no such hospital for 200 miles.

b. Creation of a large public park that from purchasing private agricultural property from private landowners.

c. Discovery and development of large deposits of natural gas

Wastewater treatment is to be designed for a newly developed area located within the vicinity of forest reserve park and commercial space (shopping mall). Given that the current population are 20,000. You are to design a wastewater treatment plant for only biological process units of Trickling filter which can serve the purpose of both BOD removal and nitrification. You are to submit a design report containing :

1. Growth area and population trends for a design period of 20 years (Use arithmetic method).

A scientific analysis of Jurassic park (first one)

Discuss what was scientifically correct and incorrect. Do you think that the scientifically incorrect part was done out ignorance of the laws of physics/principles of geology or do you think that it was a simple plot device? Why do you think that the creators of these works routinely break the laws of physics/principles of geology? How do you think this affects the public's understanding of science?

at least 3 correct things and at least 4 incorrect things

doing some research on Google or Bing for Hotel TV remote control systems .  List your sources. Be sure to answer all the questions listed below

Discuss each of the following:
1. What does the device do?
2. What data does the device store, manage, or transmit?
3. How valuable is the data?
4. How could an intruder get this data?
5. What harm would result if the intruder succeeded in getting the data or in controlling the device?

Assume you have found a USB memory stick in a car park, and you plugged the USB memory stick to your computer. Answer the following questions

1.  What are the security key objectives that could be threaten?

2.  Identify and define three types of malware, and give examples about how could they transported from the USB memory stick to your computer.

3.   What could you do to mitigate the security threats and use the contents of the USB memory stick safely?

Chapter 06 Homework

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1. Weighted Average Cost Method with Perpetual Inventory

   The beginning inventory for Dunne Co. and data on purchases and sales for a three-month period are as follows:

   Date		Transaction	Number of Units		Per Unit		Total
   Apr. 3		Inventory	25		$1,200		$30,000
   8		Purchase	75		1,240		93,000
   11		Sale	40		2,000		80,000
   30		Sale	30		2,000		60,000
   May 8		Purchase	60		1,260		75,600
   10		Sale	50		2,000		100,000
   19		Sale	20		2,000		40,000
   28		Purchase	80		1,260		100,800
   June 5		Sale	40		2,250		90,000
   16		Sale	25		2,250		56,250
   21		Purchase	35		1,264		44,240
   28		Sale	44		2,250		99,000

   Required:

   1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one illustrated in Exhibit 5, using the weighted average cost method.

   Dunne Co. Schedule of Cost of Goods Sold Weighted Average Cost Method For the Three Months Ended June 30
   	Purchases			Cost of Goods Sold			Inventory
   Date	Quantity	Unit Cost	Total Cost	Quantity	Unit Cost	Total Cost	Quantity	Unit Cost	Total Cost
   Apr. 3								$	$
   Apr. 8		$	$
   Apr. 11					$	$
   Apr. 30
   May 8
   May 10
   May 19
   May 28
   June 5
   June 16
   June 21
   June 28
   June 30	Balances					$			$

   2. Determine the total sales, the total cost of goods sold, and the gross profit from sales for the period.

   Total sales	$
   Total cost of goods sold	$
   Gross profit	$

   3. Determine the ending inventory cost on June 30.
   $

   Feedback

   1. When the perpetual inventory system is used, revenue is recorded each time a sale is made along with an entry to record the cost of the goods sold. Under the weighted average method the average unit cost must be determined after each purchase by dividing the total of cost of goods on hand by the total units on hand. The cost of merchandise goods sold is computed multiplying the average unit cost on the date of sales by the units sold. The inventory balance after a sale is computed by multiplying the average unit cost by the units on hand.

   2. Total sales are obtained by taking the number of units sold times their sale prices for all sales and adding these amounts together. The total cost of goods sold can be obtained by adding the weighted average costs in the perpetual inventory record. Sales minus cost of goods sold equals gross profit.

   3. The ending inventory cost can be taken from the perpetual inventory record in Part (1).

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About Hotel Legislation

1.“An innkeeper has a duty to provide goods and services in a non-discriminatory manner. An innkeeper should also be an equal opportunity employer.”

-What does this statement mean? Give three examples where discriminatory practices occur in the hotel industry.

2.“The Innkeepers Act 1952 protects innkeepers against petty or non-genuine complaints from guests.”

-Analyze this statement with three examples.

3.“An innkeeper can exclude liability for the loss or damage of a guest’s property, regardless of the value of that property.”

-With reference to the relevant statute, identify three measures that an innkeeper can take as regards the handling of guests’ properties.

4. “Under section 4 of the Innkeepers Act 1952, an innkeeper’s liability for the loss or damage of a guest’s property does not exceed RM500. However, there are exceptions.”

-Identify two situations where an innkeeper’s liability for the loss or damage of a guest’s property may exceed RM500.

5. “A foodservice provider can be liable to customers in tort law.”

-Discuss a foodservice provider’s potential liabilities in tort law with three case law examples.

6. “The Food Act 1983 imposes various responsibilities on a foodservice provider. Failure to comply with the Act can result in fine or imprisonment.”

-Analyze two sections of the Act that impose duties on a foodservice provider.

Royal Park Ltd is an existing company that has issued previously 300,000 ordinary shares of $8 each and 100,000 5% preference shares of $15 each.

On 1^st January 2019, Royal Park Ltd offered to issue an additional 250,000 ordinary shares for $11, payable in two installments:

• $7 initially on application;
• $4 payable based on calls as required.

Applications for 400,000 shares were received by the closing date of 30^th January 2019.

On 10^th February 2019, shares were allotted, and a refund was made to unsuccessful applicants.

Directors announced on 30^th June 2019 a profit after tax of $900,000.

On 7^th July 2019, the board of directors during the Annual General Meeting announced that the company will pay preference dividends and ordinary dividends of 6.2 cents per fully paid equivalent share from retained earnings.

On 3^rd August 2019, payment was made for dividends declared.

Required:

a) Prepare the general journal entries to record the information above.                   

Narrations are NOT required.

b) b) One of the existing shareholders of the company was upset about the approach the company used in issuing additional shares this year. They believed existing shareholders should have been considered first to raise the funds. List and discuss the approach the shareholder is referring to.

I want you to apply the concepts we have discussed in class in a fun way. I do hope you will enjoy this exercise. Once upon a time, there was an amazing group of students who lived in Cronfwoman OneFiveOne. Right next to their house, was a hotel and within that hotel was a café called Café Bastel. The amazing students were approached by an investor, Ms Finn Ance Major, who asked for their help. The investor was contemplating buying Café Bastel for $1 million and wondered if that was a good investment. What is your recommendation to Ms Finn Ance Major? Here is some information to get you started:

1. The café sells (non‐alcoholic) beverages as well as snacks and lunch

2. The café is open for 7 days, from 7am to 7pm

3. At any point in time, there are 2 employees working in the café

4. The investment horizon is 10 years 5. Use a discount rate of 12%

6. Use a tax rate of 35% You will need to make assumptions (capex, working capital…..).

There is no “right” answer – first think about the big picture (strategy, marketing, ….) and then how that story translates into your assumptions. You will be graded based on the structure of your analysis, the consistency and realism of your assumptions, your creativity, and your use of the tools/learnings from class.