A semiprofessional baseball team near your town plays two home games each month at the local baseball park. The team splits the concessions 50/50 with the city but keeps all the revenue from ticket sales. The city charges the team $100  each month for the three-month season. The team pays the players and manager a total of $1000 each month. The team charges $10 for each ticket, and the average customer spends $6 at the concession stand. Attendance averages 30 people at each home game.

The team earns an average of (1)$___ in total revenue (tickets plus share of concessions) for each game and (2) $___ of revenue each season.

With total costs of (3)$____ each season, the team finishes the season with (4)$____ of profit.

An amusement park has estimated the following demand equation for the average park guest

Q=16-2P

Where Q represents the number of rides per guest and P the price per ride. The total cost of providing rides to a guest is

TC=2+0.5Q

If a one-price policy is used, how much should it charge per ride if the park wishes to maximize its profit?

What is the park's profit for each guest?

If a two-part tariff policy is used, what admission fee should the park charge to maximize its profit?

What is the park's profit for each guest?

(please show work as I am confused. Thanks!!)

Oriental Hotel Bhd owned a few hotels in Malaysia. Their hotel in Melaka is set against a picturesque vista of Melaka’s most famous historical landmarks pf Melaka Raya. The location is close to Melaka City Centre with cheerful nightlife and mere minutes from the acclaimed UNESCO World Heritage site. The office management operates in the same hotel building as the hotel services provided to its guest. The company itself manages the hotel except for the laundry services which was transferred to its tenant, Cuci-Cuci Services Sdn. BHd.

Oriental Hotel Bhd take another step forward in its expansion plan with the opening a new hotel in the southern region in Malaysia. On 1 January 20X5, the company acquired a land for RM3,200,000 to construct a 4-star hotel building in Pangerang, Johor. Construction of the hotel building commenced on 1 March 20X5 and it was completed on 31 January 20X7, but was only used on 1 March 20X7.Total construction cost incurred excluding borrowing costs were RM34,000,000. The construction cost also includes the rectification of RM200,000. In order to finance the construction, the company took an 8%, 3 year-term loan of RM30,000,000 on 1 February 20X5. The company received a government grant of RM1,400,000 on 1 February 20X7 for the newly constructed hotel building. It is the company’s policy to use deferred income method for the government grant received.

Required:
Explain the accounting treatment for government grant received and how will it differ from the alternative method.

21. According to the sticky-wage theory of the short-run aggregate supply curve, if workers and firms expected prices to rise by 3 percent, but instead prices rise by 1 percent, then a. employment and production rise. b. employment rises and production falls. c. employment falls and production rises. d. employment and production fall. 22. The aggregate demand and aggregate supply model implies monetary neutrality a. only in the short run. b. only in the long run. c. in both the short run and the long run. d. in neither the short run nor long run. 23. In the early 1930s in the United States, there was a a. large increase in output. In the early 1940s there was also a large increase in output. b. large increase in output. In the early 1940s there was a large decrease in output. c. large decrease in output. In the early 1940s there was a large increase in output. d. large decrease in output. In the early 1940s there was also a large decrease in output. 24. If households spend $90 of every $100 of after tax income, then the government purchases multiplier is a. 3 b. 5 c. 9 d. 10

Lifetime Escapes generates average revenue of $7 970 per person on its 7-day package tours to wildlife parks in Zimbabwe. The variable costs per person are as follows:

Annual fixed costs total $400 000.

Required:

1. Calculate the number of package tours that must be sold to break even.
2. Calculate the revenue needed to earn a target profit of $100 000. (1 mark)
3. If fixed costs increase by $19 000, what decrease in variable cost per person must be achieved to maintain the break-even point calculated in requirement 1?
4. The general manager at Lifetime Escapes proposes to increase the price of the package tour to $8500 to decrease the break-even point in units. Using information in the original problem, calculate the new break-even point in units. What factors should the general manager consider before deciding to increase the price of the package tour? (3marks)

question is correct could you please solve ASAP

Case 2 (Special Order)

While Jurassic World is filled to capacity with tourists most of the year, the theme park experiences a lower number of customers during September and October. This is due to the fact that September and October are “rainy season” in Jurassic World’s location—the island of Isla Nublar, off the coast of Costa Rica.

To celebrate their sponsorship of the Pepsisaurus and the Tostidodon, PepsiCo is interested in holding a 3-day, 2-night corporate retreat for 5,000 of its employees at Jurassic world during September. PepsiCo has told Claire that they would pay Jurassic World $200 per employee. This would provide each employee with three days of park admission, three days of meal and drink vouchers, and two nights of lodging. Additionally, PepsiCo wants Jurassic World to treat its employees to behind-the-scenes tours of the park, which would cost a total of $50,000 to plan and facilitate. Due to the timing of the retreat, Jurassic World has ample capacity to host PepsiCo’s employees.

Claire knows that Jurassic World normally charges $850 per person for a 3-day, 2-night admission, lodging, and meal/drink vacation package. The per person cost for this package is 670, as shown below:

Most of the overhead is the fixed cost of running the theme park, and goes towards marketing, administration, dinosaur bioengineering, customer service, grounds keeping and maintenance, dinosaur food, raptor training, and disaster control. However, $35 is variable with respect to the number of customers in the theme park.

4. Determine the incremental revenue to Jurassic World if Claire accepts PepsiCo’s request. (1 point for the correct answer in the shaded box)

5. Determine the incremental cost to Jurassic World if Claire accepts PepsiCo’s request. (1 point for the correct answer in the shaded box)

6. Should Claire accept PepsiCo’s offer? Circle One. (1 point for the correct answer)

YES                                     NO

You have recently been promoted to General Manager at Creekview Lodge, a 50 room hotel in Gatlinburg, Tennessee. You started working at the lodge in high school in the restaurant and after college, returned to Creekview as one of the assistant managers before being promoted to hotel manager. Recently, a 200-room hotel opened not far from Creekview Lodge, and although Creekview still maintains near 100% capacity there has been quite a bit of turnover. More than ten employees left to work for the larger hotel which boasted higher pay and better health insurance.

You were informed this morning by the front desk team that the latest customer survey results show a drop in the satisfaction rating for guest room cleanliness. The current report indicates that 73% of guests responded “completely satisfied”, 12% responded “satisfied”, 10% responded “neither satisfied nor unsatisfied”, and 5% responded “unsatisfied.” The housekeeping staff lost four employees to the new hotel, so although disappointed, you aren’t surprised by this news. Still, you could not remember a time that the hotel had received such a low satisfaction rating.

As manager of Creekview Lodge, what is your next step in addressing the problem?

A)Take immediate action and require that all rooms be inspected by the hotel manager (you) or an assistant manager before being made available to customers

D)Review the standards of performance and compare to current performance

Please add formula answer included

1. Bill sold 3 times as many cars as Doug last month. Laurel sold 45 cars, which was 1 1/2 times as many cars as Bill. How many cars did Doug sell? answer is 10 cars
2. 2. The local grocery store sells two cans of soup for $1.28. It has a special sale of six cans for $3.12. A customer buys 12 cans at the special sale price. How much did the customer save over the regular price? answer is 1.44

3. A hotel has 15 floors. Each floor has 26 single-person rooms and 38 two-person rooms. What is the total guest capacity at the hotel? answer is 1530

4. Linda leaves Boise to travel the 2,160 miles to Austin, driving at a speed of 55 mph. Mark leaves Austin driving the same 2,160 mile route to Boise at 65 mph. How many miles will Mark have traveled when they meet? (Hint – distance = speed x time) answer is 1170 miles

5. Autzen Stadium in Eugene holds 59,000 screaming Duck fans. The games have been sold out for years. 18,500 fans walk to the game, 12,000 take the local bus and the remainder drive and park at the stadium. The average car brought 4 people. On average, how many cars parked at the stadium? answer is 7125

6. You are in charge of organizing the annual stockholders’ meeting and luncheon for your company, Making Big Bucks Now. The meal will cost $13 per person, entertainment will cost $2,100, facility rental is $880, invitations and annual reports printing costs are $2,636, and other expenses come to $1,629. If 316 stockholders plan to attend, what is the total cost of the luncheon? What is the cost per stockholder? answer is $11,353 and also $35.93

Amy Richardson had been a well-paid sales manager of a major hotel chain for 15 years. Due to a hotel owner's illness, Amy was offered the opportunity to purchase a hotel near a seaside vacation area she had often visited. After obtaining a lawyer and a financial accountant to assist her, Amy did an analysis of the most recent financial statements of the hotel. Since the hotel had consistently shown a profit during the past few years, Amy thought that the price of the hotel was reasonable, so she decided to purchase the hotel. She resigned her position, obtained a loan, and purchased the hotel.

During the first year as a hotel manager, Amy received an offer from a tour operator who proposed to guarantee a considerable number of room reservations, including during the off-season. However, she turned down the offer because the tour operator asked for a 20% price reduction compared to the regular room rate. A few weeks later, she decided to shut down the restaurant, located in the main building of the hotel, in order to save expenses. With regard to general expenses, she was particularly concerned with the high room cleaning and service costs. On the sales side, although the reservations for the cheaper standard rooms were a bit sluggish, the more expensive large-size superior rooms had a very good occupancy rate of over 90%.

The following year, there was a severe economic downturn and also a very bad weather season that reduced the number of guests and also caused a resulting mold situation in the hotel building that required expensive repair work. Amy ran short of cash, became emotionally distraught, and eventually had to sell the hotel at a significant loss.

Prepare a cash budget for the first four quarters after Amy’s purchase of the hotel with any data you can imagine or find on the internet. To answer the question, invent some basic cost and revenue data. Enter the numbers directly in the table below. The table of the cash budget itself should not exceed 15-20 lines. In addition to that, make sure to explain your underlying assumptions and comment on the results in the space provided below the table.

• calculation of cash receipts, including assumptions and comments;
• calculation of cash disbursements, including assumptions and comments;
• for overall coherence / form, and overall conclusions/comments

Cash Budget for the first four quarters:

Add additional lines as needed.

In excel, Produce the amortization schedule for a $800K mortgage at 10 years with a rae of 3.25 percent / year. Provide a column for labels and the excel functions used.