Business, 15.04.2020 19:53, zoelynn7630
Year 1 Year 2 Gross Room Rate $245.00 Direct Costs (35% of GRR) $85.75 Net Room Rate $159.25 Expenses-(Fixed) $60.00 Net Profit $99.25 Profit Margin 40.51% a. Determine the Profit Margin if the Gross Room Rate increases by 15% in year 2. b. In dollar and percentage terms, how much did Net Profit increase in year 2? c. In relative term (% increase), how much did profit margin increase in year 2? d. What would the Gross Room Rate need to be if a Profit Margin of 50% is required? e. What is the relationship between the change in Gross Room Rate and the change in Profit Margin?
Answers: 3
Business, 21.06.2019 20:30, Dericktopsom
Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money
Answers: 1
Business, 22.06.2019 20:00, Hockeypro1127
An arithmetic progression involves the addition of the same quantity to each number. which might represent the arithmetic growth of agricultural production
Answers: 3
Business, 22.06.2019 20:20, wavymoney77yt
Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?
Answers: 1
Business, 22.06.2019 22:00, sandovalito
Indicate whether each of the following companies is primarily a service, merchandise, or manufacturing business. if you are unfamiliar with the company, use the internet to locate the company's home page or use the finance web site of yahoo. 1. alcoa inc. 2. boeing 3. caterpillar 4. citigroup inc. 5. cvs 6. dow chemical company 7. ebay inc. 8. fedex 9. ford motor company 10. gap inc. 11. h& r block 12. hilton hospitality, inc. 13. procter & gamble 14. suntrust 15. walmart stores, inc.
Answers: 3
Year 1 Year 2 Gross Room Rate $245.00 Direct Costs (35% of GRR) $85.75 Net Room Rate $159.25 Expense...
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