The downtown business hotel has an elaborate fitness room, and it markets the facility as a health club to local residents. members of the health club are granted in-house charge privileges. which of the following types of folios created by the guest accounting module of a hotel property management system would be used to post food and beverage charges incurred by health club members? a. individual foliob. master folioc. non-guest foliod. control folio

Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400

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