You are a manager of a sales team that travels often. Your responsibility is to approve expenses accrued during the trip.

Your job is to draft a travel expense policy that covers what employees can or cannot expense. Please draft a document that covers the following:

1. Expense limits for transportation (air fair, taxi, parking), hotel, and meals.
2. Draft a section that discusses items that will not be covered as an acceptable expense

Job title: Hotel Operations manager

• what competencies are required to do that job? List 5 core of competencies and 3 functional competencies in detail and describe them and create scoring criteria and also create a job advertisement for this job role
• Find what is the salary range and the benefits offered for this job role in real companies

Do a search from a different website and provide the references

JB Co. is planning to invest in a new koala theme park. The investment will generate $4.5 million p.a. for 15 years with the first cash inflow received in one year's time. The required rate of return for this type of investment is expected to be 6% p.a. for years 1-9 rising to 11% p.a. for years 10-15. What is the most JB Co. should pay for this investment now?

Research Article Critique, Part TwoThe Cognitive Impact of Chronic Diseases on Functional Capacity inCommunity-Dwelling Adults(Kim, Park, & An 2019

Which ones of these questionnaires, scales, or physiologic measures are used in this research study?

a. The Katz Index of Activities of Daily Living

b. The Charlson Comorbidity Index

c. The Bandura Self-Efficacy Scale

d. Clinical Skills Self-Efficacy Scale

Time in years since the re-introduction of gray wolves to Yellowstone National Park (x) and total living biomass of willow plants along the high-risk Blacktail Creek (y).

10. Starwood Hotel & Resort World has a project with initial investment requiring $-170,000 and the following cash flows will be generated because of the project: $42,500; $41,000; $52,000; and $67,000 respectively at the end of each year for the next four years. If the required rate of return is 0.14, find the Profitability Index (PI) of the project.

Group of answer choices

1.26

0.84

0.62

1.59

none of the answers is correct

Compute the value of a share of common stock of Lexus Hotel Berhad whose most recent dividend was RM2.50 and is expected to grow at 3.50 percent per year for the next 5 years, 5 percent per year for the next 3 years, after which the dividend growth rate will increase to 6 percent per year indefinitely. Assume 10.00 percent required rate of return.

On July 1, 2019, the Renaissance Hotel collected a deposit of $1,335 from a customer for a banquet room and catering services for a wedding which will occur on June 30, 2021, the market rate of interest is 6%.

Required:

1. Record the collection of the cash on 7/1/19.
2. Record any required adjusting entries for December 31, 2019 and 2020.
3. Record the recognition of revenue on June 20, 2021.

Now place yourself in the shoes of a Hotel General Manager in any Seattle-area municipality. What are the trends you should be concerned about? How does your market look compared to the other Top 25? How might this report influence your revenue management decisions in the coming months?

What questions come to mind? What parts do you need to understand better?

You are looking into a factory to make strained peas. You estimate that the equipment will cost $50,000, which you would depreciate over the 10-year life of the project to a book value of zero. The salvage value of the equipment is zero. You think you can sell 15,000 cans at $2/can. The cost of producing the cans is $0.80 each. Your tax rate will be 40%. You plan to maintain an inventory equal to 25% of revenues and you can salvage 80% of this working capital at the end of the project’s life. You plan to use your garage, which means you will have to pay $2,000/year to park your car elsewhere (the good news is that the $2,000/year is tax deductible). To estimate the cost of capital for the project you look at the following comparable firms:
Company D/E Tax rate Beta on stock
Gerber 1.00 0.50 1.5

Brio 0.50 0.40 1.3
You plan to finance this project entirely with equity. The current T-Bond rate is 11.5% and the MRP is 5.5%. You also assume all debt betas are equal to zero in your analysis.

a) What is the appropriate discount rate for the project?

b) What are the after-tax cash flows?

c) What is the NPV?