Business, 24.06.2020 22:01 Alienchild239
John Beckett Beckett is the managing partner of a business that has just finished building aâ 60-room motel. Beckett Beckett anticipates that he will rent these rooms for 12 comma 500 12,500 nights next yearâ (or 12 comma 500 12,500 âroom-nights). All rooms are similar and will rent for the same price. Beckett Beckett estimates the following operating costs for nextâ year:
Variable operating costs $3 per room night
Fixed costs
Salaries and wages $182,000
Maintenance of building and pool 50,000
Other operating and administration costs 153,000
Total fixed costs 385,000
Required:
What price should Beckett charge for a room-night? What is the markup as a percentage of the full cost of a room-night?
Answers: 2
Business, 21.06.2019 19:30
Which of the following is an example of the use of fiscal policy by the u.s. government? a. congress makes it illegal for the police union to go on strike. b. the federal reserve bank lowers the interest rate on loans to corporations. c. the department of transportation increases spending on highway repairs. d. the supreme court rules that unions have the right to collective bargaining. 2b2t
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Business, 22.06.2019 08:30
Most angel investors expect a return on investment of question options: 20% to 25% over 5 years. 15% to 20% over 5 years. 75% over 10 years. 100% over 5 years.
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Business, 22.06.2019 19:40
The martinez legal firm (mlf) recently acquired a smaller competitor, miller and associates, which specializes in issues not previously covered by mlf, such as land use and intellectual property cases. given the increase in the firm's size and complexity, it is likely that its internal transaction costs willa. decrease. b. increase. c. become external transaction costs. d. be eliminated.
Answers: 3
Business, 22.06.2019 20:30
1. what is the lowest balance during this period? 2. lily just received her bank statement below. a. what does the bank think her ending balance is? b. how much more does the bank think lily has? c. what transactions are missing? 3. what is the danger of not balancing your bank account? lily’s bank statement deposits: 2/25 $35 2/26 $20 3/1 $256.32 checks: 2/24 ck #301 $25 2/26 #302 $150 debit card: 2/24 american eagle $75.48 2/25 chick fa la $4.67 2/27 mcdonalds $3.56 2/28 chevron $34.76 withdrawal: 2/27 $40 beginning balance $423.34 deposits $311.32 total debits $333.47 ending balance $401.19
Answers: 1
John Beckett Beckett is the managing partner of a business that has just finished building aâ 60-roo...
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