Build a simple balance sheet with the items necessary to determine 3 Liquidity Ratios and 2 Solvency Ratios based on the Balance Sheet provided below. (Use Current Period only) *** Your work of calculations on the spreadsheet should be made with MS Excel formulas and associated cells. Any changes made in a corresponding cell should be reflected on the results. Please be noted that simply typing numbers as text won’t be awarded any points.  

As of November, your hotel is going through a typical low season. Thus, GM is considering to drive room night demand by lowering current ADR and asking you to perform a Price Elasticity of Demand analysis so that he/she can make an informed decision. Build a spreadsheet that shows the results of Price Elasticity of Demand based on the information provided below. To better assist with the GM to make an optimal decision for projected higher bottom line, Expected GOP should be determined along with Estimated Rooms Revenue and Total Direct Expenses. Assume that your Direct Expenses Per Occupied Room is $19. 23. Based on the results, draft a short passage highlighting the results. *** *** Your work of calculations on the spreadsheet should be made with MS Excel formulas and corresponding cells. Any changes made in prediction should be reflected on the results. Please be noted that simply typing numbers as text won’t be awarded any points.   Current ADR Demand New ADR Being Considered Historical Demand $123 190 $96 234

You are Director of Rooms (DOR) who is responsible for covering the portion of Property Insurance relevant to Rooms Sales percentage out of Total Sales as shown below, Assuming that Insurance that the hotel should cover is $340,088. calculate property insurance expense that your Rooms Department should cover.  Sales – Q1 2023 Amount Revenue Share % Rooms $40,482,573 F&B $19,484,971 Convention Services $3,873,843 Rental $2,484,099 Total Sales $66,325,486 100%

As a new GM, you want to set a goal to achieve a 3.1% increase in hotel’s Total Revenues for the upcoming accounting period. Other goals set to control expenses based on the sales estimate are shown below. Complete budgeting on the table below by filling out cells highlighted in yellow with MS Excel formulas.    HFT4464 Spring2024 Online Makeup Exam2 Upload.xlsx

As of November, your hotel is going through a typical low season. Thus, GM is considering to drive room night demand by lowering current ADR and asking you to perform a Price Elasticity of Demand analysis so that he/she can make an informed decision. Build a spreadsheet that shows the results of Price Elasticity of Demand based on the information provided below. To better assist with the GM to make an optimal decision for projected higher bottom line, Expected GOP should be determined along with Estimated Rooms Revenue and Total Direct Expenses. Assume that your Direct Expenses Per Occupied Room is $17. 85. Based on the results, draft a short passage highlighting the results. *** Your work of calculations on the spreadsheet should be made with MS Excel formulas and corresponding cells. Any changes made in prediction should be reflected on the results. Please be noted that simply typing numbers as text won’t be awarded any points.   Current ADR Demand New ADR Being Considered Historical Demand $115 178 $85 250

Knowing how sales behave is essential to developing operating budgets

Which of the following liver abnormalities is commonly associated with  the vessels within the structure indicated by the white arrow?

A 68-year-old man presents with anorexia and weight loss. Most probably the metastasis is from?      

Which of the following is the most likely clinical finding of adenomyomatosis?  

Tumefactive sludge can resemble the sonographic appearance of: