Ivanka Trump after moving to Pakisatan and has purchase PC hotel Karachi in November 2020 and renamed it Ivayana. The hotel is a 5 star luxury hotel consisting of 100 single rooms 70 double rooms and 40 Suites. The average night stay in a single room costs Rs 8000. Double bed cost Rs 19000 and suite costs Rs 35000. On average 70 single rooms, 60 double rooms and 35 suites are occupied. Besides, there are 4 ball rooms. The ball rooms are always available for booking but they only get booked on Saturdays and Sundays. Each ball room has capacity of 300 people and rental charged for each booking is RS 130,000. 10 Rooms in each category are paid by credit card. The payment is received a week later. 50% amount related to ball room are received in same month and 50% in next month. The rental charge for ball rooms was Rs 100,000 in 2020. The charge for rooms has not changes since last year and have remained same. The hotel is charged local tax of Rs 5000 each week which is paid in the same month. The hotel has a staff of 150 people. 30 kitchen staff which receive 18% of the amount received againts the bill charged for the meals. On average the kitchen staff receive 90 orders for meal with the average billing of Rs 8000 per meal. the amount of meals billed is immediately collected and the kitchen staff is paid in the 1^st week of next month. The room service and the janitorial staff are 40 which are paid Rs 18000/month at last day of same month. 10 is the number of other lower staff for misc services and they are paid 15000/month at last day of same month. The remainig 20 are the senior executive staff, their remuniration details are not shared. The hotel is powered by solar panels and the, its maintenance is outsourced to a company solarex, they charge Rs 200,000 quarterly, which is paid in 2 installments. 50% is paid in the 1^st month of quarter and the rest is paid in the last month of quarter. The opening cash in hand was Rs 100,000.

Prepare Cash budget for the 1^st quarter of 2021.   

Hint: Consider reviewing the actual calendar for 2021.

Question: In this case we are asked to explore the appropriate application of Generally Accepted Accounting... In this case we are asked to explore the appropriate application of Generally Accepted Accounting Principles pertaining to Capitalization of Costs vs. the Expensing of Costs....A COST represents the value exchanged for the ASSET or the benefit received from monies disbursed.....now....how do we interpret the benefits received.....are there future benefits??? or Are the benefits concurrently expired upon acquisition???? So this becomes the basis of many issues pertaining to the accurate interpretation of a guideline in concert with the business transaction under analysis.....It is our responsibility to ensure we meet the needs of our clients without undermining the initial intention of the guideline....So then we are faced with issues pertaining to LOOPHOLES....Is it appropriate for us...as ethical accounting professional, to attempt to find creative ways to essentially circumvent the regulatory restriction.....Are we able to meet both the needs of our clients and the integrity of our profession???? So now you are asked to interpret an issue related to Capitalization vs Expensing for the TRUMP International Corp.....Craft your response carefully including all of the resources you investigated as you crafted your response. Trump International Construction Company is building a hotel for speculative purposes. That is, the Company has not yet found a buyer for the hotel, but expects to do so within a few months. Trump International expects to spend about another two years to complete construction of the hotel borrows $25,000,000 at 5.5% on Jan 1, 2017 and commences building the hotel. The land was purchased in 2016 for $5,000,000 and has property taxes of $4,000,000 per year. Trump incurs building and construction costs of $12,000,000 for 2017 and 2018. Trump International seeks advice from you, as their accountant, if the interest on bank loan and property taxes associated with this construction site should be capitalized or expensed. Required: Conduct research on the fundamentals of reporting a Cost as an Asset (Capitalized) vs. an Expense and prepare a memo advising the client of your advice. What should the value of the Hotel be reported on the Financial Statements at Dec 31, 2017? Is it relevant that the hotel is being constructed on speculation rather than for a particular customer? Include the regulatory requirements you researched in order to craft your answer and site your specific GAAP, FASB, IRS and or other Regulatory Pronouncements you consulted.

Project Risk Response

Risk responses and action steps are defined during the risk response planning phase. Here the project team must plan the actions that will be taken should any identified risk actually materialize. This is typically done for some subset of the total population of risk issues identified—most likely those that are of the highest probability and/or impact. Risks can be both negative (threats) and positive (opportunities). The possible strategies for responding to negative risks include the following: avoid, transfer, mitigate, and accept. The possible strategies for responding to positive risks include the following: exploit, enhance, share, and accept.

QUESTION

Based on the below risk register regarding the Pepsi Refresh Program

Document the risk triggers in the project risk register in Column G.

Document risk response strategies (plans) for each risk in the project risk register in Columns L–M. The risk response strategies should be derived from the eight strategies of; responding to negative risks include the following: avoid, transfer, mitigate, and accept. The possible strategies for responding to positive risks include the following: exploit, enhance, share, and accept.

***Please Use The Scroll Bar To See Columns L-M*****

An insurance company is analyzing the following three bonds, each with five years to maturity, annual interest payments, and is using duration as the measure of interest rate risk. What is the duration of each of the three bonds? a) $10,000 par value, coupon rate = 10%, rb = 0.2 b) $10,000 par value, coupon rate = 12%, rb = 0.2 c) $10,000 par value, coupon rate = 12%, rb = 0.2

Determine pH for a solution containing 0.7 M HBr and 1.4 M HC₃H₅O₂.

I really would appreciate it if someone could provide me with the Excel formulas to calculate the last five (5) columns of the spreadsheet listed below.

5. The test statistic of z=2.31 is obtained when testing the claim that p>0.3.

a. This is a (two-tailed, right-tailed, left-tailed) test.

b.​ P-value=_____

​(Round to three decimal places as​ needed.)

Choose the correct conclusion below.

A.Reject Ho. There is sufficient evidence to support the claim that p>0.3.

B.Reject Ho. There is not sufficient evidence to support the claim that p>0.3.

C.Fail to reject Ho. There is sufficient evidence to support the claim that p>0.3.

D.Fail to reject Ho. There is not sufficient evidence to support the claim that p>0.3

6. The test statistic of z=- 2.58 is obtained when testing the claim that P=3/5.

a. The critical​ value(s) is/are z=______

​(Round to two decimal places as needed. Use a comma to separate answers as​ needed.)

b. Choose the correct conclusion below.

A.Reject Ho. There is not sufficient evidence to warrant rejection of the claim that P=3/5

B.Reject Ho. There is sufficient evidence to warrant rejection of the claim that P=3/5

C.Fail to reject Ho. There is sufficient evidence to warrant rejection of the claim that P=3/5

D.Fail to reject Ho. There is not sufficient evidence to warrant rejection of the claim that P=3/5

Develop 2 soft and 2 hard standards for any aspect of the service offered by hotel and restaurant? (Subject: service marketing)