Questions
Complete Table 1 by computing the Total Revenue, Marginal Revenue, Total Cost, and Profit columns, each...

Complete Table 1 by computing the Total Revenue, Marginal Revenue, Total Cost, and Profit columns, each rounded to two decimal places. The cost of duplicating a video on a DVD and mailing the DVD, the Marginal Cost, is $5.56. (1 point)

Table 1

Suggested Donation per DVD Request

Anticipated Number of DVD Requests

Total Revenue

Marginal Revenue

Total Cost

Profit

$19.00

0

$15.00

2

$9.50

5

$7.75

9

$3.00

15

$0.00

24

b. The President wants the GSTCG to provide videos to generate the most possible donations (Total Revenue). What price is the President of the GSTCG favoring and how many people will receive the DVD if this becomes the price of the suggested donation? Explain your answers. (1 point)

c. The Education Outreach Committee wants the GSTCG to provide videos to the most possible number of people. What price is the Educational Outreach Committee favoring and how many people will receive the DVD if this becomes the price of the suggested donation? Explain your answers. (1 point)

d. The Treasurer of the GSTCG wants the DVD program to be as efficient as possible so that the marginal revenue equals marginal cost. What price is the Treasurer favoring and how many people will receive the DVD if this becomes the price of the suggested donation? Explain your answers. (1 point)

e. The Fundraising Committee wants the DVD program to generate as much profit in donations as possible. What price is the Fundraising Committee favoring and how many people will receive the DVD if this becomes the price of the suggested donation? Explain your answers. (1 point)

In: Economics

1. A 345-room hotel’s food and beverage department recorded food revenue of $3,460,397.5 and beverage revenue...

1. A 345-room hotel’s food and beverage department recorded food revenue of $3,460,397.5 and beverage revenue of $1,483,027.5. The cost of sales was 27.3% of F & B revenue, and the departmental expenses were 43.2% of F & B revenue. What is the gross profit percentage for the hotel’s F&B department?

2.

Year 1

Year 2

Gross Room Rate (GRR)

$245.00

Direct Costs (35% of GRR)

$85.75

Net Room Rate (NRR)

$159.25

Expenses-(Fixed) (FE)

$60.00

Net Profit (NP)

$99.25

Profit Margin (PM)

40.51%

Determine the Profit Margin if the Gross Room Rate increases by 15% in year 2.

In dollar and percentage terms, how much did Net Profit increase in year 2?

In absolute and relative terms, how much did profit margin increase in year 2?

What would the Gross Room Rate need to be if a Profit Margin of 50% is required?

In: Finance

What percentage of UnitedHealths Group revenue comes from domestic and international sales and discuss why revenue...

  1. What percentage of UnitedHealths Group revenue comes from domestic and international sales and discuss why revenue is strong in the specific region? Discuss if the corporation has a competitive advantage.
  2. Discuss the impact the fluctuating dollar has on UnitedHealth Groups' profits for the last twelve months. Use a graph to illustrate the fluctuations against the foreign currency
  3. Discuss how UnitedHealth Groups manage its exposure to foreign exchange rate risk?
  4. Discuss the types of foreign exchange exposures

In: Economics

How can TV Networks and Broadway plays use revenue management? "Revenue management is an extremely important...

How can TV Networks and Broadway

plays use revenue management?

"Revenue management is an extremely important concept within the hospitality industry, because it allows hotel owners to anticipate demand and optimise availability and pricing, in order to achieve the best possible financial results"

In: Finance

Conceptually, how you would forecast the revenue for Turtle Beach Corp. The net revenue increased 93%...

Conceptually, how you would forecast the revenue for Turtle Beach Corp. The net revenue increased 93% to $287.4 (2019) million from $149.1 million (2018). You may have to walk through a DCF. Please consider how competition and their recent acquisition can affect their revenues.

In: Finance

Complete Table 1 by computing the Total Revenue, Marginal Revenue, Total Cost, and Profit columns, each...

Complete Table 1 by computing the Total Revenue, Marginal Revenue, Total Cost, and Profit columns, each rounded to two decimal places. The cost of duplicating a video on a DVD and mailing the DVD, the Marginal Cost, is $5.56. (1 point)

Suggested Donation per DVD Request

Anticipated Number of DVD Requests

Total Revenue

Marginal Revenue

Total Cost

Profit

$19.00

0

$15.00

2

$9.50

5

$7.75

9

$3.00

15

$0.00

24

The President wants the GSTCG to provide videos to generate the most possible donations (Total Revenue). What price is the President of the GSTCG favoring and how many people will receive the DVD if this becomes the price of the suggested donation? Explain your answers. (1 point)

c. The Education Outreach Committee wants the GSTCG to provide videos to the most possible number of people. What price is the Educational Outreach Committee favoring and how many people will receive the DVD if this becomes the price of the suggested donation? Explain your answers. (1 point)

d. The Treasurer of the GSTCG wants the DVD program to be as efficient as possible so that the marginal revenue equals marginal cost. What price is the Treasurer favoring and how many people will receive the DVD if this becomes the price of the suggested donation? Explain your answers. (1 point)

e. The Fundraising Committee wants the DVD program to generate as much profit in donations as possible. What price is the Fundraising Committee favoring and how many people will receive the DVD if this becomes the price of the suggested donation? Explain your answers. (1 point)

In: Economics

The unadjusted trial balance of Marin Inc. at December 31, 2017, is as follows: Debit Credit...

The unadjusted trial balance of Marin Inc. at December 31, 2017, is as follows:

Debit

Credit

Cash

$17,340

Accounts Receivable

106,100

Allowance for Doubtful Accounts

$3,670

Inventory

61,700

Prepaid Insurance

4,599

Bond Investment at Amortized Cost

50,400

Land

28,100

Buildings

152,700

Accumulated Depreciation—Buildings

6,045

Equipment

34,800

Accumulated Depreciation—Equipment

5,800

Goodwill

16,750

Accounts Payable

101,100

Bonds Payable (20-year, 7%)

168,000

Common Shares

120,500

Retained Earnings

61,184

Sales Revenue

190,500

Rent Revenue

11,100

Advertising Expense

23,100

Supplies Expense

10,600

Purchases

97,900

Purchase Discounts

840

Salaries and wages expense

51,800

Interest Expense

12,850

$668,739

$668,739

Additional information:

1.                     Actual advertising costs amounted to $1,540 per month. The company has already paid for advertisements in Montezuma Magazine for the first quarter of 2018.

2.                     The building was purchased and occupied on January 1, 2015, with an estimated useful life of 20 years, and residual value of $31,800. (The company uses straight-line depreciation.)

3.                     Prepaid insurance contains the premium costs of several policies, including Policy A, cost of $2,667, one-year term, taken out on April 1, 2017; and Policy B, cost of $1,932, three-year term, taken out on September 1, 2017.

4.                     A portion of Marin’s building has been converted into a snack bar that has been rented to the Bramble Corp. since July 1, 2016, at a rate of $7,400 per year payable each July 1.

5.                     One of the company’s customers declared bankruptcy on December 30, 2017. It is now certain that the $2,700 the customer owes will never be collected. This fact has not been recorded. In addition, Marin estimates that 3% of the Accounts Receivable balance on December 31, 2017, will become uncollectible.

6.                     An advance of $510 to a salesperson on December 31, 2017, was charged to Salaries and Wages Expense.

7.                     On November 1, 2015, Marin issued 168 $1,000 bonds at par value. Interest is paid semi-annually on April 30 and October 31.

8.                     The equipment was purchased on January 1, 2015, with an estimated useful life of 10 years, and no residual value. (The company uses straight-line depreciation.)

9.                     On August 1, 2017, Marin purchased at par value 42 $1,200, 7% bonds maturing on July 31, 2019. Interest is paid on July 31 and January 31.

10.                   The inventory on hand at December 31, 2017, was $91,100 after a physical inventory count. (Use "Inventory" account for closing out the beginning inventory amount and recording the ending inventory amount.)

(a)

Prepare adjusting and correcting entries for December 31, 2017, using the information given. Record the adjusting entry for inventory using a Cost of Goods Sold account. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,250.)

In: Accounting

POS-301: Analyzing Arizona Tax Worksheet Complete all five parts of the worksheet. Part One: Income Tax...

POS-301: Analyzing Arizona Tax Worksheet

Complete all five parts of the worksheet.

Part One: Income Tax

Which branch of government Determines the Amount of Tax?

Services the Tax is Applied Towards

Federal Tax

State Tax

Social Security Tax

Medicare Tax

Other (Please specify)

Part Two: Arizona Sales Tax

2. Who determines the amount of each tax?

3. Where does revenue from this tax go? What does it fund?

Part Three: Arizona Utility Tax

2. Who determines the amount of each tax?

3. Where does revenue from this tax go? What does it fund?

Part Four: Property Tax

2. Who determines the amount of each tax?

3. Where does revenue from this tax go? What does it fund?

In: Economics

A suburban hotel derives its revenue from its hotel and restaurant operations. The owners are interested...

A suburban hotel derives its revenue from its hotel and restaurant operations. The owners are interested in the relationship between the number of rooms occupied on a nightly basis and the revenue per day in the restaurant. Below is a sample of 25 days (Monday through Thursday) from last year showing the restaurant income and number of rooms occupied.

  1. Determine the coefficient of correlation between the two variables. (Round your answer to 3 decimal places.)

  1. c-1. State the decision rule for 0.10 significance level: H0: ρ ≤ 0; H1: ρ > 0. (Round your answer to 3 decimal places.)

  2. c-2. Compute the value of the test statistic. (Round your answer to 2 decimal places.)

  3. c-3. Is it reasonable to conclude that there is a positive relationship between revenue and occupied rooms? Use the 0.10 significance level.

In: Statistics and Probability

Heather Anderson is a vegetarian who follows a holistic lifestyle She credits her adoption of a...

Heather Anderson is a vegetarian who follows a holistic lifestyle She credits her adoption of a healthy lifestyle with saving her life. Now she wants to share this healthful living with others through her new company called "BC Edible Health" Her firm would initially start with the over 60 wild edible plants found in BC and the Pacific Northwest. These plants form part of the BC 100 mile local diet. Heather would sell these plants (products ) to customers. Details Collect the plants from BC forests clean them and sell them as is (live plants )their seeds only or dried format ready to ship anywhere in the world to individual customers, restaurants, grocers, etc. Grow some of these plants in her own two large greenhouses on her property contract greenhouses in BC to grow many of the high-volume selling plants for her open a store on Commercial Drive to showcase these plants (do cooking demonstrations ) and offer them for sale in any of the above formats conform to all BC and Federal Government health regulations Participate in wellness events, conventions, trade shows people become increasingly concerned about processed foods Heather sees a real need for her business Her main motivation is peoples health, but she does realize this operation needs to be carefully planned out in order to be at least self-sustainingWhile she realizes your consulting group may not be familiar with her products, she does respect your group's reputation for creating comprehensive operations plans what we required

1 identify at least 4 different types of customers. ( vegetarians, sellers, restaurants and specific diet plan followers)

2. explain the reasons that they are facing in life that would cause them to want to use your firm for each type of customer

3. what are the important things happening in their lives for each type of customer

4. their target market \ 4 customers segments )

5.explain their demographics in detail for each type of customers

In: Operations Management