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.

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?

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

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"

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.

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)

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)

1. Average Cost for Producing Microwaves

Let the total cost function C(x) be defined as follows.

C(x) = 0.0003x³ − 0.02x² + 103x + 3,600

Find the average cost function C.

C(x) =

Find the marginal average cost function C '.

C '(x) =

2. Marginal Revenue for Producing Loudspeakers

The management of Acrosonic plans to market the ElectroStat, an electrostatic speaker system. The marketing department has determined that the demand for these speakers is represented by the following function, where p denotes the speaker's unit price (in dollars) and x denotes the quantity demanded. Find the following functions (in dollars), find the value (in dollars) and interpret your results.

p = −0.02x + 890      (0 ≤ x ≤ 20,000)

(a)

Find the revenue function R.

R(x) =

(b)

Find the marginal revenue function R'(x).

R'(x) =

(c)

Compute the following value.

R'(8,200) =

Interpret your results.

When the level of production is  units, the production of the next speaker system will bring an additional revenue of  dollars.

3.Marginal Cost, Revenus, and Profit for Producing LCD TVs

A company manufactures a series of 20-in. flat-tube LCD televisions. The quantity x of these sets demanded each week is related to the wholesale unit price p by the following equation.

p = −0.007x + 190

The weekly total cost (in dollars) incurred by Pulsar for producing x sets is represented by the following equation. Find the following functions (in dollars) and compute the following values.

C(x) = 0.000001x³ − 0.02x² + 140x + 75,000

(a)

Find the revenue function R.

R(x) =

Find the profit function P.

P(x) =

(b)

Find the marginal cost function C'.

C'(x) =

Find the marginal revenue function R'.

R'(x) =

Find the marginal profit function P'.

P'(x) =

(c)

Compute the following values. (Round your answers to two decimal places.)

C'(1,500)=R'(1,500)=P'(1,500)=

We wish to compare the PsyCap scores of our class to a predetermined standard set by a study conducted in 2014. The population mean for this standard is 121. 58 with a standard deviation of 11.29.  

Utilizing the steps of hypothesis testing, determine if the scores of our class are equal to those of the standard using a 95% confidence level.

Answer

Step 1

Our Hypothesis

Ho: Ho =   μ = 121.58 (equal to(null))

Ha: μ ≠ 121.58 (not equal to (alternative))

Step 2

Specify the significance level a(alpha)

a = 0.05

Step 3   (also step 5)

Select the test statistic (two tailed test, this means two rejecting regions)

     (103.76-121.58)/ 11.29/ square root of 17 = -6.507

                                   0.95

0.025                                                                0.025

               -1.96                                      1.96

Step 4

The rule is to decide whether the z equals that of Ho, if it is less or more we reject and favor the alternative Ha

Step 5

     (103.76-121.58)/ 11.29/ square root of 17 = -6.507

                                   0.95

0.025                                                                0.025

               -1.96                                      1.96

Step 6 Decide whether to reject Ho

Because the result was -6.507, we choose to reject Ho

Step 7

We conclude that scores are below 2014’s data, meaning it is not equal.

The following were selected from among the transactions completed by Babcock Company during November of the current year. Babcock uses the net method under a perpetual inventory system.

Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles.

Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles.

PAGE 10

JOURNAL

ACCOUNTING EQUATION

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

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.)