Job title: Hotel Operations manager

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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?

Recent research indicates that the effectiveness of antidepressant medication is directly related to the severity of the depression (Khan, Brodhead, Kolts & Brown, 2005). Based on pretreatment depression scores, patients were divided into four groups based on their level of depression. After receiving the antidepressant medication, depression scores were measured again and the amount of improvement was recorded for each patient. The following data are similar to the results of the study.

This is the summary table for the ANOVA test:

From this table, you obtain the necessary statistics for the ANOVA:
F-ratio: 4.5873078386605
p-value: 0.00385
η2= 0.055996971862432

What is your final conclusion? Use a significance level of α=0.02.

• There is a significant difference between treatments
• These data do not provide evidence of a difference between the treatments

*Explain what this tells us about the equality of means.

*How could boxplots refine our conclusion in an ANOVA test? Your answer should address this specific problem.

Question:

Suppose you have organized another business under the name “PAPA’s Hotel & Restaurant” on December 1, 2019. In order to compete in the market, you have decided to avail of financing from Azizi Bank for further expansion. Bank requires a list of documents including financial statements for further process. The business transactions during the month of December are as follows:

Dec 01: You have invested cash of $2,500,000 in your business, PAPA’s Hotel & Restaurant.

Dec 01: Purchased hotel building for $550,000. Made a $180,000 cash down payment and issued a note payable for balance amount.

Dec 01: You have agreed with Unilever Corporation to provide meeting hall and charge fixed revenue of $5,000 per month. The entire six-month rent revenue of $30,000 was collected in advance and credited to Unearned Rent Revenue.

Dec 01: Purchased food items for the restaurant on credit $10,000

Dec 10: Received cash of $80,000 from customers as rent revenue from customers.

Dec 15: Paid $10,000 salary to employees for services during the first half of December.

Dec 18: Purchased restaurant supplies of $2,500 on account.

Dec 31: Paid cash $10,000 for food items purchased on Dec 01.

Dec 31: You withdrew $5,000 cash from the business for personal use.

As you are following the accrual basis of accounting so adjustments are needed as at December 31, 2019. The information regarding adjustments is as follows:

1. Salaries earned by employees but not paid amount to $10,000 for second half of Dec.
2. As of Dec. 31, you have earned $20,000 rent revenue but not received any amount yet.
3. On Dec 1, entire six-month rent revenue of $30,000 was collected in advance and credited to Unearned Rent Revenue. As at December 31, adjustment is needed.
4. A Toyota Corolla car had been rented on Dec 09, at daily rate of $80 to provide transportation facility. No rental payment has yet been made.
5. Depreciation on Hotel’s building is based on an estimated useful life of 15 years. The original cost of building was $550,000 and residual value of $50,000.

Instructions:

1. Prepare Journal Entries, Post to the ledger, Prepare Trial Balance, Prepare adjusting entries, and then Prepare adjusted Trial Balance
2. Prepare financial statements (balance sheet & income statement) as of December 31, 2019 based on above information as it is the compulsory requirement of Azizi bank.
3. Evaluate the financial position and profitability of your business?
4. If you have applied for the financing of $250,000, whether you are qualified against the collateral of hotel building as at December 31, 2019?