Breezes curacao consists of 200 rooms each room rents at

Assignment Help Finance Basics
Reference no: EM13478032

Breezes Curacao has 200 rooms. Each room rents at $130 per night and variable costs total $42 per room per night of occupancy. Fixed costs total $18,700 per month. If 70% of the rooms are occupied each of the 30 nights in June, how much will total variable costs be for June?

a) $369,600

b) $252,000

c) $546,000

d) $176,400

Reference no: EM13478032

Questions Cloud

Shulas 347 grill has budgeted the given costs for a month : question 1 paradise pottery had the following costs in may when production is 800 ceramic pots materials 8700 labor
What does friedman identify as the sole responsibility of : 1 what does friedman identify as the sole responsibility of businesses?a. treating its workers wellb. contributing to
Materials and labor are the only variable costs if : rarons rockers is in the process of preparing a production cost budget for august. actual costs in july for 120 rocking
Total fixed costs are 5000 per year this offer doesnt : progo plans to sell 1200 carriers next year and has budgeted sales of 48000 and profits of 20000. variable costs are
Breezes curacao consists of 200 rooms each room rents at : breezes curacao has 200 rooms. each room rents at 130 per night and variable costs total 42 per room per night of
Heavy lift surcharge and long lift surcharge differentiate : differentiate between the following a ship owners lien and maritime lien b air transport and rail transport c heavy
Heavy lift surcharge and long lift surcharge differentiate : differentiate between the following a ship owners lien and maritime lien b air transport and rail transport c heavy
What does friedman identify as the sole responsibility of : 1 what does friedman identify as the sole responsibility of businesses?a. treating its workers wellb. contributing to
Roses incremental revenue if she selects option 1 over : rose wilson is entering her senior year as an accounting major and has a number of options for her summer break.her

Reviews

Write a Review

Finance Basics Questions & Answers

  Gauge of your ability to apply your tools

This question should be a good gauge of your ability to apply your tools and analytic skills acquired thus far on the topic of valuation. **Important to note the firm goes into financial distress in this case and defaults on its payment.

  Determine external financing needed

The most recent financial statements for Dockett, Inc., are shown here (Suppose no income taxes):

  Estimated retained earnings at ending of year

Earnings after tax will total= $23,400, and MP will pay= $12,400 in dividends. Write down estimated retained earnings at ending of next year?

  What is the incremental free cash flow for year one

The company's tax rate is 35% Working captial is expected to increase by $3,000 at the inception of the project but this amount will be recaptured at the end of year five. What is the incremental free cash flow for year one?

  What is the hospital corporate cost of capital

St. Vincent's Hospital has a target capital structure of 35 percent debt and 65 percent equity. Its cost of equity (fund capital) estimate is 13.5 percent and its cost of tax-exempt debt estimate is 7 percent. What is the hospital's corporate cost..

  Does the payment increase or decrease

If you increase the number of payments on an amortized loan, does the payment increase or decrease? Why or why not?

  In this discussion we consider the discounted cash flow

in this discussion we consider the discounted cash flow method for valuing a company in order to understand the

  What rate of return would she earned for the passed year

If Joan sold the bond today for $1,060.49, what rate of return would she earned for the passed year?

  Use the afn equation to forecast baxters additional funds

The after tax profit margin is forcasted to be 5%, and the forecasted patour ratio is 70%. Use the AFN equation to forecast Baxter's additional funds needed for the coming year.

  Determining organizational structure

What is PM Company's optimal organizational structure? How does it impact PM Company's international market expansion plans?

  Computing net proceeds of an ipo

ABC is planning an IPO. Its underwriters say the stock the stock will sell at $20. The direct costs will be $800,000. The underwriters will charge a 7% spread. A - How many shares must be sold to net $30 million?

  Do capital budgeting analysis based on aar method npv irr

do capital budgeting analysis based on aar method npv irr acfr and payback. what decision would you make based on your

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd