Suppose that the current total revenue of a particular lodgi…

Suppose that the current total revenue of a particular lodging establishment is $900,000. At this revenue level, the management of the hotel is indifferent between selecting a fixed or variable lease option for the property. If the management foresees a constant increase in the revenue levels for the near future, what should be the management’s best strategy for choosing the lease options?

In January, the FC of a 250-room hotel was $40,000 and UFC p…

In January, the FC of a 250-room hotel was $40,000 and UFC per room was $8.00. Imagine that total number of rooms sold in January was 5,000. The forecast for February shows that there will be a 10.00% increase in number of rooms sold over January. What conclusion can be drawn in terms of the FC in February based on the information given?

The university golf shop desires to make $10,000 profits for…

The university golf shop desires to make $10,000 profits for the next period. The management calculated the shop’s CMRw as 50.00% and the total fixed cost as $110,000. What is the total revenue that needs to be generated at the desired profit level by the management of the university golf shop for the next period?

During the first quarter of the previous year, the current r…

During the first quarter of the previous year, the current ratio at the Blue Hotel was 1.25 to 1.00. Three months into the New year, the recent current ratio is 2.00 to 1.00. Which of the following best explains the Blue Hotel’s current ratio trend into the New Year?

There are 6 Characteristics of a Competent Communicator. Nam…

There are 6 Characteristics of a Competent Communicator. Name ONE (1/2 pt.) that you think you possess and then give a REAL LIFE example of a time you drew from that competency characteristic while communicating WITH someone in one (or more) of your actual interpersonal relationships (1 pt).

BONUS   Answer ONE of the two Bonus Questions below. Do not…

BONUS   Answer ONE of the two Bonus Questions below. Do not answer both. Even if you get both of them correct, you won’t get any points. There is no penalty for a wrong answer.   A) Labor Day falls on September 1st this year here in the U.S.A. But because it celebrates working-class people and there are obviously workers all over the world, many other countries ALSO have their own version of Labor Day. On what month AND  day do almost all counties celebrate their “Labor Day”?   B) This is the time of year when there can be many active tropical storms and potential hurricanes brewing in the Gulf of Mexico. What is the start date and the end date for hurricane season on the Gulf Coast? (You must provide month AND date on both parts of your answer—for example “March 15th- July 22nd”)