What are the knowledge important for hotel business (Customer, supplier, administrator)(Small hotels like darwin city hotel)? How they use these knowledge? Develop a KMS framework for the business
In: Finance
In the US, airlines and hotel companies use different types of generic strategies. What types of generic strategies do airlines and hotel companies use, and why? (Short Essay)
In: Operations Management
Assume Nortel Networks contracted to provide a customer with
Internet infrastructure for $2,450,000. The project began in 2018
and was completed in 2019. Data relating to the contract are
summarized below:
| 2018 | 2019 | |||||
| Costs incurred during the year | $ | 336,000 | $ | 1,870,000 | ||
| Estimated costs to complete as of 12/31 | 1,344,000 | 0 | ||||
| Billings during the year | 446,000 | 1,710,000 | ||||
| Cash collections during the year | 268,000 | 1,795,000 | ||||
Required:
1. Compute the amount of revenue and gross profit
or loss to be recognized in 2018 and 2019 assuming Nortel
recognizes revenue over time according to percentage of
completion.
2. Compute the amount of revenue and gross profit
or loss to be recognized in 2018 and 2019 assuming this project
does not qualify for revenue recognition over time.
3. Prepare a partial balance sheet to show how the
information related to this contract would be presented at the end
of 2018 assuming Nortel recognizes revenue over time according to
percentage of completion.
4. Prepare a partial balance sheet to show how the
information related to this contract would be presented at the end
of 2018 assuming this project does not qualify for revenue
recognition over time.
Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the amount of revenue and gross profit or loss to be recognized in 2018 and 2019 assuming Nortel recognizes revenue over time according to percentage of completion. (Loss amounts should be indicated with a minus sign. Use percentages as calculated and rounded in the table below to arrive at your final answer.)
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| % complete to date | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ss profit (loss)
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In: Accounting
In: Accounting
2. In a survey of 529 travelers, 386 said that location was very important and 323 said that room quality was very important in choosing a hotel.
In: Statistics and Probability
A busy tourist hotel in Bangkok has employed a social media coordinator to deal with news, comments, queries, and reviews across multiple social media sites. The hotel attracts backpackers from over 50 countries, many of who struggle to communicate in English. As a marketing specialist, how would you advise the hotel in terms of handling multiple language social media sites? Explain your answer.
In: Accounting
Golden Gate Construction Associates, a real estate developer and
building contractor in San Francisco, has two sources of long-term
capital: debt and equity. The cost to Golden Gate of issuing debt
is the after-tax cost of the interest payments on the debt, taking
into account the fact that the interest payments are tax
deductible. The cost of Golden Gate’s equity capital is the
investment opportunity rate of Golden Gate’s investors, that is,
the rate they could earn on investments of similar risk to that of
investing in Golden Gate Construction Associates. The interest rate
on Golden Gate’s $62 million of long-term debt is 8 percent, and
the company’s tax rate is 30 percent. The cost of Golden Gate’s
equity capital is 10 percent. Moreover, the market value (and book
value) of Golden Gate’s equity is $90 million.
The company has two divisions: the real estate division and the
construction division. The divisions’ total assets, current
liabilities, and before-tax operating income for the most recent
year are as follows:
| Division | Total Assets | Current Liabilities | Before-Tax Operating Income | |||||||||||
| Real estate | $ | 95,000,000 | $ | 5,200,000 | $ | 20,200,000 | ||||||||
| Construction | 68,900,000 | 3,700,000 | 18,500,000 | |||||||||||
Required:
Calculate the economic value added (EVA) for each of Golden Gate Construction Associates’ divisions. (Round your weighted-average cost of capital to 3 decimal places (i.e. .123). Enter your answers in millions rounded to 3 decimal places (i.e. 1,234,000 should be entered as 1.234).)
In: Accounting
Golden Gate Construction Associates, a real estate developer and
building contractor in San Francisco, has two sources of long-term
capital: debt and equity. The cost to Golden Gate of issuing debt
is the after-tax cost of the interest payments on the debt, taking
into account the fact that the interest payments are tax
deductible. The cost of Golden Gate’s equity capital is the
investment opportunity rate of Golden Gate’s investors, that is,
the rate they could earn on investments of similar risk to that of
investing in Golden Gate Construction Associates. The interest rate
on Golden Gate’s $61 million of long-term debt is 7 percent, and
the company’s tax rate is 20 percent. The cost of Golden Gate’s
equity capital is 10 percent. Moreover, the market value (and book
value) of Golden Gate’s equity is $83 million.
The company has two divisions: the real estate division and the
construction division. The divisions’ total assets, current
liabilities, and before-tax operating income for the most recent
year are as follows:
| Division | Total Assets | Current Liabilities | Before-Tax Operating Income | |||||||||||
| Real estate | $ | 100,000,000 | $ | 5,500,000 | $ | 22,000,000 | ||||||||
| Construction | 60,300,000 | 3,700,000 | 18,700,000 | |||||||||||
Required:
Calculate the economic value added (EVA) for each of Golden Gate Construction Associates’ divisions. (Round your weighted-average cost of capital to 3 decimal places (i.e. .123). Enter your answers in millions rounded to 3 decimal places (i.e. 1,234,000 should be entered as 1.234).)
In: Accounting
Golden Gate Construction Associates, a real estate developer and
building contractor in San Francisco, has two sources of long-term
capital: debt and equity. The cost to Golden Gate of issuing debt
is the after-tax cost of the interest payments on the debt, taking
into account the fact that the interest payments are tax
deductible. The cost of Golden Gate’s equity capital is the
investment opportunity rate of Golden Gate’s investors, that is,
the rate they could earn on investments of similar risk to that of
investing in Golden Gate Construction Associates. The interest rate
on Golden Gate’s $60 million of long-term debt is 10 percent, and
the company’s tax rate is 40 percent. The cost of Golden Gate’s
equity capital is 15 percent. Moreover, the market value (and book
value) of Golden Gate’s equity is $90 million.
The company has two divisions: the real estate division and the
construction division. The divisions’ total assets, current
liabilities, and before-tax operating income for the most recent
year are as follows:
| Division | Total Assets | Current Liabilities | Before-Tax Operating Income | |||||||||||
| Real estate | $ | 100,000,000 | $ | 6,000,000 | $ | 20,000,000 | ||||||||
| Construction | 60,000,000 | 4,000,000 | 18,000,000 | |||||||||||
Required:
Calculate the economic value added (EVA) for each of Golden Gate
Construction Associates’ divisions. (Round your
weighted-average cost of capital to 3 decimal places (i.e. .123).
Enter your answers in millions rounded to 3 decimal places (i.e.
1,234,000 should be entered as 1.234)).
In: Accounting
Golden Gate Construction Associates, a real estate developer and
building contractor in San Francisco, has two sources of long-term
capital: debt and equity. The cost to Golden Gate of issuing debt
is the after-tax cost of the interest payments on the debt, taking
into account the fact that the interest payments are tax
deductible. The cost of Golden Gate’s equity capital is the
investment opportunity rate of Golden Gate’s investors, that is,
the rate they could earn on investments of similar risk to that of
investing in Golden Gate Construction Associates. The interest rate
on Golden Gate’s $69 million of long-term debt is 8 percent, and
the company’s tax rate is 30 percent. The cost of Golden Gate’s
equity capital is 10 percent. Moreover, the market value (and book
value) of Golden Gate’s equity is $83 million.
The company has two divisions: the real estate division and the
construction division. The divisions’ total assets, current
liabilities, and before-tax operating income for the most recent
year are as follows:
| Division | Total Assets | Current Liabilities | Before-Tax Operating Income | |||||||||||
| Real estate | $ | 97,000,000 | $ | 5,900,000 | $ | 21,300,000 | ||||||||
| Construction | 61,800,000 | 3,800,000 | 18,400,000 | |||||||||||
Required:
Calculate the economic value added (EVA) for each of Golden Gate Construction Associates’ divisions. (Round your weighted-average cost of capital to 3 decimal places (i.e. .123). Enter your answers in millions rounded to 3 decimal places (i.e. 1,234,000 should be entered as 1.234).)
In: Accounting