Here are some data (in chf) about the Hotel Beethoven (170 rooms), perfectly located in the heart of CelloLand.
rooms revenue: 11598937
rooms variable costs: 3259539
FnB revenue: 7438329
FnB variable costs: 3771176
Total Fixed costs: 4779542
Calculate the Revenue the Hotel Beethoven has to reach in order to breakeven.
Only type the number with no units, no decimals and no thousands separators. Round up or down to the nearest full number. Answer:
Here are some data (in chf) about the Hotel Beethoven (170 rooms), perfectly located in the...
Applying the formula of the CVP/Breakeven point for a single selling point, calculate how many rooms the hotel GoodLuck needs to sell in order to achieve the owner's goal of a 72354 chf Net Income. The Hotel GoodLuck has a total estimated fixed cost of 1988370 chf, an average variable cost per room of 35.5 chf and an average daily rate of 227.4 chf. Only type the number with no units, no decimals and no thousands separators. Round up or...
Imagine that the market for hotel rooms in Hotel California is perfectly competitive. In a typical day hotel rooms go for $100, and 1000 rooms are rented. To raise revenue, the mayor of Hotel California decides to charge hotels a lump sum tax per rented room (a lump sum tax is a set dollar amount per room rented). After the tax is imposed, the going rate for hotel rooms rises to $108, the after-tax money received by hotels for a...
2. (20 points) Imagine that the market for hotel rooms in Estes Park Colorado is perfectly competitive. In a typical day hotel rooms go for $100, and 1000 rooms are rented. a. To raise revenue, the mayor of Estes Park decides to charge hotels a lump sum tax per rented room (a lump sum tax is a set dollar amount per room rented). After the tax is imposed, the going rate for hotel rooms rises to $108, the after-tax money...
I got the first 4 steps done. Just need to know what
formulas from the data
to use for steps 5,6, and 7.
Step #1 ASSUMPTIONS Launch-it S10.00 Product #1: Sales price per unit Variable costs per unit: 1.00 2.00 1.00 4.00 Purchase Price Shipping and HandlingS Sales Comission Total variable cost per unit 200 Monthly volume Treat-Time $30.00 Product #2: Sales price per unit Variable costs per unit: 7.00 8.00 3.00 18.00 Purchase Price Shipping and Handling Sales Comission...
CVP Modeling project Directions The purpose of this project is to give you experience creating a multiproduct profitability analysis that can be used to determine the effects of changing business conditions on the client's financial position. Your goal will be to use Excel in such a way that any changes to the assumptions will correctly ripple through the entire profitability analysis. You have been hired by Jake to build a CVP model that will help him understand the impact of...
You might be familiar with Crazy Eddy, an owner of the “Crazy Eddy’s” home electronics stores that used to exist when you were younger (though maybe too young to remember). Some of the larger superstores like Best Buy and Circuit City moved in and began squeezing Eddy. As it turned out his tagline, “where the prices are insane,” was quite true, and he was forced out of business. Unbeknownst to many, Eddy was an avid skier, and his desire to...
Sabrina Hoffman is founder and CEO of Golden Care, Inc., which owns and operates several assisted-living facilities. The facilities are apartment-style buildings with 25 to 30 one- or two-bedroom apartments. While each apartment has its own complete kitchen, in every building Golden Care offers communal dining options and an on-site nurse who is available 24 hours a day. Residents can choose monthly meal options that include one or two meals per day in the dining room. Residents who require nursing...
Read about Cokes strategy in Africa in the article below and discuss the ethics of selling soft drinks to very poor people. Is this an issue that a company like Coke should consider? Africa: Coke's Last Frontier Sales are flat in developed countries. For Coke to keep growing, Africa is it By Duane Stanford Piles of trash are burning outside the Mamakamau Shop in Uthiru, a suburb of Nairobi, Kenya. Sewage trickles by in an open trench. Across the street,...
4. Perform a SWOT analysis for Fitbit. Based on your
assessment of these, what are some strategic options for Fitbit
going forward?
5. Analyze the company’s financial performance. Do trends
suggest that Fitbit’s strategy is working?
6.What recommendations would you make to Fitbit management to
address the most important strategic issues facing the
company?
Fitbit, Inc., in 2017: Can Revive Its Strategy and It Reverse Mounting Losses? connect ROCHELLE R. BRUNSON Baylor University MARLENE M. REED Baylor University in the...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...