Managing Finance Math Problem

High school
Math Problem
Business
Pages 4 (1004 words)
Download 0

Introduction

Per guest night rate is '228 which is needed to breakeven the costs to the sales. If this rate is changed for two nights (Fridays and Saturdays) the, company might not be able to achieve breakeven and therefore would not be able to cover its fixed expenses.
...
Download paper
Not exactly what you need?

Related papers

Managing Products and Finance
Under a process cost system, the key points in costing are the various departments or processes in the production cycle. In a process cost system, the focal points in accumulating manufacturing costs are the individual production departments (or processes) involved in the production cycle. As a first step, the cost of raw materials, direct labour and factory overhead applicable to each department…
Managing Finance Math Problem
Per guest night rate is '228 which is needed to breakeven the costs to the sales. If this rate is changed for two nights (Fridays and Saturdays) the, company might not be able to achieve breakeven and therefore would not be able to cover its fixed expenses.
Managing Finance....Accounting
break even volume is equal to fixed costs divided by the differences of the unit sales price and the unit variable costs. Since no proportion is given as regards the sales of the hotel whether for single or double occupancy, the 70% occupancy rate of rooms is computed for single occupancy. This gives a break even sales volume of 25480. With the fixed costs being '5600000 and the unit variable…
Managing Finance
It could also be defined as a financial a and quantitative statement prepared and approved prior to a defined period of time of the policies to be pursed during those periods.…
Managing People, Finance and Marketing
There may be organization-wide changes such as mergers and acquisitions, restructurings, leadership changes, and changes in technology. There may be the upsizing, downsizing and resizing that force organizations to change, and in some cases almost daily (Joyce, 2005). There are also changes needed in the culture of organizations or the way they do things. History is replete with many organizations…
Managing Finance Essay
The factors that should be taken into consideration include the risks involved, the cash flow available, accounting profits, timing and cost of capital. The shareholders value can also be evaluated through determining the value of shares in a market.…
economic Math Problem
Given that the marginal utility of wealth is diminishing they are ready to give up certain and reasonable amount of money in the form of insurance premium to avoid chance of large and uncertain loss. Thus, it is in their interest to buy insurance because of certainty it provides.…