Income statement

GOPPAR is the Gross Operating Profit Per Available Room. The GOPPAR is calculated by dividing the GOP available by the size rooms multiplied by the opening days will be divided (Appendix A). The overheads management, marketing, maintenance, energy, cleaning, disposal, and other expenses, including variable and fixed cost, are also imputed to fold to the divisions. Hotelier can boost up GOPPAR by increasing the ADR. GOPPAR, in general, provides an accurate indication of profitability as well as,…

Circuit City The Failure of Circuit City Jake Johnston Mars Hill University  Abstract Circuit City started out in 1949 as “Wards Company.” Within ten years, the store brought in $1 million per year. In 1965 Wards expanded through the acquisition of other television and home appliance stores; their move of horizontal expansion helped with their success. In 1984, Wards became Circuit City Stores, Inc. and became publicly traded on the New York Stock Exchange. From the year of 1949 until 2009…

Assignment 4: Nonprofit Profitability Ensures Steady Cash Flow According to the Reliable Cash Flow Projections sheet the organization referred to in Chapter 10 requires a cash flow of $13,462 per day to stay in the black, without any profit (McLaughlin, 2009, p. 137) and according to The Balance Sheet the organization has only enough cash on hand $16,190 which is only a little over the organization’s one day’s operational needs (McLaughlin, 2009, p. 125). What is most troublesome about the…

2.2. Concept of Madhab’s Hat curve of Reliability By using the above data, Mean Time Between Failures and the Reliability for each year has been calculated as shown in the Table 2. As explained earlier the reliability has been calculated by using failure data method. Like Bath Tub curve we can put the data of Reliability for all the years in MINITAB software and after putting the data we got a curve which is shown in the figure - 3. If we observe closely we can mark the curve looks lika a Hat.…

their behavior was a fraud and violated the fiduciary duty of care, what they said didn’t in good faith and was harmful to the company. 2, Tony and Doug violated section 10(b) and rule 10b-5 of the Securities Exchange Act of 1934 by making untrue statement of a material fact willfully. a. Fact: Laura was fired by Doug after the meeting. b. Issue: Can Doug fire Laura legally for her behavior? c. Answer: No d. Rationale: SOX 806 protect employees who provide evidence of fraud. Section 1107 of…

fourth-quarter of 2014. But, its earnings topped the consensus estimates by 5% for the quarter. The fall in its earnings can be attributed to the fact that PSX reported weak adjusted income for its midstream, chemicals and marketing. These segments reported drop of 57%, 33% and 30% respectively in their adjusted income over the fourth-quarter of 2014. However, this was partially offset…

Source 1: Aston, Margaret. The panorama of the Renaissance: with over 1000 images. London, Thames and Hudson, 1996 Origin: The author of this book is Margaret Aston. She is a british historian and an academic specialising in the Late Medieval Period and ecclesiastical history. “The Panorama of the Renaissance” was published in London by Thames and Hudson in 1996. Purpose: Margaret Aston in the historical book “The Panorama of the Renaissance” overall gives a brief overview of what was the…

charge the customer for it in same month until the meters are read in next month. So for having appropriate entry on utility company’s statement, there is adjustment needed to increase revenue. In regard of accruals in expenses the example is one’s working bonus which has been earned in this year but will not be paid till next year. This year’s financial statement needs to reflect this bonus amount so there is adjustment needed (Kumar,…

7 Case Study 1 Week 2 Case Study: Industries and Heavy Pumps Mr. Coleman TLMT 313 American Public University Professor: Ronita Brooks October 14, 2017 Contextual analysis: CJ Industries and Heavy Pumps I. Major Facts: CJ Industries (CJI) is an organization that makes and supplies diverse parts of vessel motors. In October of 2007, CJI was given a $10 million yearly decrease by Great Lakes Pleasure Boats. In this agreement, CJI would give Great Lakes a wide range of pontoon motor…

CHITKARA BUSINESS SCHOOL, CHITKARA UNIVERSITY, PUNJAB PERFORMANCE MANAGEMENT CML 3201 PROJECT-LIFE CYCLE COSTING LIFE CYCLE COSTING  Life cycle costing is defined as the total cost throughout its life including planning, design, acquisition & support costs & any other costs directly attributable to owing / using the asset.  Category of LCC capital assets: • Initial costs • Operating costs • Disposal costs SIMPLE FORMULA FOR LCC LCC= Capital + Lifetime operating cost + Lifetime…