1. Toby is considering two hotel projects. Project A will be in Jamaica with an initial investment of $865,000 and Project B will be in Canada with an initial investment of $750,000.

The cost of capital for Project A is 13% and the cost of capital for project B is 15%.
Calculate the following;

1. Calculate the discounted payback period of Project A.                                    
   
2. Calculate the discounted payback period of Project B.                                       
   
3. Calculate the net present value for Project A.                                                   
   
   
4. Calculate the net present value for Project B.   

Managemet can only accept one project. Which project should management accept? Explain your answer.                        

41. Nancy, the owner of a very successful hotel chain in the Southeast, is exploring the possibility of expanding the chain into a city in the Northeast. She incurs $35,000 of expenses associated with this investigation. Based on the regulatory environment for hotels in the city, she decides not to expand. During the year, she also investigates opening a restaurant that will be part of a national restaurant chain. Her expense for this are $53,000. The restaurant begins operations on September 1. Determine the amount that Nancy can deduct in the current year for investigating these two businesses.

34. Daniel is single and has the following income and expenses in 2017:

Salary income $60,000

Net rent income 6,000

Dividend income 3,500

Payment of alimony 12,000

Mortgage interest on residence 4,900

Property tax on residence 1,200

Contribution to traditional IRA 5,000

Contribution to United Church 2,100

Loss on the sale of real estates (held for investment) 2,000

Medical expenses 3,250

State income tax 300

Federal income tax 7,000

a. Calculate Daniel’s AGI.

b. Should Daniel itemize his deductions from AGI or take the standard deduction? Explain.

The manager of the Hilton Resort Hotel stated that the mean guest bill for a weekend is $600 or less. A member of the hotel’s accounting staff noticed that the total charges for guest bills have been increasing in recent months. The accountant will use a sample of future weekend guest bills to test the manager’s claim. a. Which form of the hypotheses should be used to test the manager’s claim? b. What conclusion is appropriate when ?0 cannot be rejected? c. What conclusion is appropriate when ?0 can be rejected? d. What is the Type I and Type II errors in this situation?

Because of staffing decisions, managers of the Gibson-Marimont Hotel are interested in the variability in the number of rooms occupied per day during a particular season of the year. A sample of 24 days of operation shows a sample mean of 294 rooms occupied per day and a sample standard deviation of 26 rooms.

What is the point estimate of the population variance? 676

Provide a 90% confidence interval estimate of the population variance (to 1 decimal). ( , )

Provide a 90% confidence interval estimate of the population standard deviation (to 1 decimal). ( , )

I need to make an application that calculates the occupancy rate for a hotel with eight floors. The user will be asked how many rooms are occupied on each floor. The program will iterate for each floor. Users must enter numbers and the rooms occupied on each floor cannot exceed 30. The occupancy rate is the number of occupied rooms/ unnoccupied.  The application also needs to display the occupancy for each individual floor aswell. Each floor has a maximum of 30 rooms. There are 240 rooms in total. The application doesn't need any fancy graphics just simple text. I'm really lost where to start. I know I need to use for loops and while but I'm not sure how to apply it. Can I get some help?

Python

The code needs to be in Python

Assume you are the general manager of a large hotel and have formulated a strategy of renting banquet facilities to organizations for big events. At a monthly management meeting, your sales manager informs the head of food operations that a big reception in one week will require converting a large hall from a meeting room to a banquet facility in 60 minutes...a difficult but an achievable operation that will require precise planning and extra help. The food operations manager is furious about not being informed earlier. What is wrong here? As the general manager what strategies will you put in place to resolve the issue?

A solution of benzene and toluene is at equilibrium with vapour phase at 1 atm. Benzene and toluene form ideal solution. The vapour phase, which is at equilibrium with liquid (solution) is ideal gas. Activity of benzene in solution is 0.3.

a) Determine the temperature of the system at equilibrium.

b) Determine the vapour pressure of benzene at the system’s temperature.