Improved hotel management effectiveness is one reason that a hotel owner might consider hiring a hotel management company.
What function does a hotel management business serve?
- The management firm oversees the hotel operations and makes sure they are profitable.
- They are in charge of every aspect of the business, from hiring and training employees to procuring supplies, cleaning rooms, renting out meeting space, and entertaining visitors.
- The General Manager is accountable to both the hotel management business AND the original owner who engaged the hotel management firm.
- The general manager's job is to manage the hotel in a way that generates income for the owner.
- To be clear, the hotel owner could be a person, a business, or a trust fund or real estate. These will change based on the market and the kind of hotel.
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Answer:
d. One defect of the IRR method versus the NPV is that the IRR does not take proper account of differences in the sizes of projects.
CORRECT As the project yields over time can differ. This generates that projects with a lower IRR can achieve a higher NPV at lower rates.
There is a crossover point after which a projects NPV are equal and from there the one with higher IRR obtains better NPV
Explanation:
a. One defect of the IRR method versus the NPV is that the IRR does not take account of the time value of money.
FALSE both method consider time value of money
b. One defect of the IRR method versus the NPV is that the IRR does not take account of the cost of capital
FALSE The IRR can be compared against the cost of capital to indicate wether or not a project should be preferable
.c. One defect of the IRR method versus the NPV is that the IRR values a dollar received today the same as a dollar that will not be received until sometime in the future.
FALSE IRR considers the time value of money
e. One defect of the IRR method versus the NPV is that the IRR does not take account of cash flows over a project's full life.
FALSE it considers all the cash flows over the project's full life.
Answer:
Balance on balance on July 1 is $31490.67
Explanation:
given data
deposited P = $27,000
time = April 2 to May 12 = 40 days
rate = 4 % = 0.04
solution
we get here first compound amount that is express as
amount = P × 
...................1
put her value
amount = 27000 × 
amount = $27118.60
and
now we add here $4,200 in $27118.60 that will be
new principal P = $31318.60
and time t = 12 may to July 1 = 50 days
we get here amount that is put value in equation 1 we get
amount = $31318.60 × 
solve it we get
amount = $31490.67
so that balance on balance on July 1 is $31490.67
Answer:
Blood enters the right atrium via the superior and inferior vena cava, flows to the right ventricle and then into the lungs, returns from the lungs to the left atrium and left ventricle, and exits out the aorta
Explanation:
The blood stream will flow to the right artium through the vena cava and moves to the right ventricle as well as the lungs. The blood is then returned back to the left atrium and ventricle from the lungs. It later flows out through the aorta. That is the sequence of flow of the blood streams to and from the lungs.
Given:
Total cash = $160,000
Notes payable = $86,000
Common stock = $52,800
Find:
Retained earnings as on December 31, 2018
Computation for retained earning:
According to Accounting Equation:
Assets = Liabilities + Stock holder equity
Total Cash = Notes payable + Common stock + Retained earning
$160,000 = $86,000 + $52,800 + Retained earning
$160,000 = $138,800 + Retained earning
Retained earning = $160,000 - $138,800
Retained earning = $21,200
