Assignment brief | Unit number and title | Unit 2 – Business Resources | Qualification | BTEC Level 3 Certificate‚ Subsidiary Diploma & Diploma in Business | Start date | September 2010 | Deadline | December 2010 | Assessor | L.McNeill | CRITERIA COVERED | | | P4‚ P5‚ P6‚ P7‚ M3‚ M4‚ D2 D3. | | | | | Assignment title | The Role of Financial Resources | Purpose: The aim of this unit is to develop learner knowledge of the range of human‚ physical‚ technological andfinancial
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preliminary income statements for fiscal years ended 2003‚ 2004‚ and 2006 are shown in Table 1. Additional operational statistics are shown in Table 2. To help the Gretchen and Michaela understand what has changed between 2003‚ 2004‚ and 2006 a breakeven analysis (see Table 3) was performed on both sales
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break even? *Fixed costs = $220‚000 (Ship rental and crew) + $65‚000(initial advertisement expense) +$10‚000(administrative expense) = $295000 *Contribution per unit = $1500 -$200 = $1300 *Breakeven point (in units)= 295000/1300 = 226.92 : At least 227 passengers should sign up for Health Cruises by November 20th. 2. Should Health Cruises go ahead with the cruise since 200 people have signed up by November 14th? Why or why not? : Though
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hotel to breakeven? We calculate the blended rate for each of the wings using the single room and double room rates and occupancy ratios. The daily expense during the season is - Hence to break even we must have occupancy to cover $1‚153.42 in costs on a daily basis. Assuming equal occupancy (x) in East Wing and West Wing we get the equation as (24*30 + 19*50)*x = 1153.42. We get occupancy as 69.1 percent. Hence hotel must rent approximately 56 rooms per night to breakeven 2. The
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passengers – breakeven Break even revenue = 35‚000 x 160 = 5‚600‚000 b. What is the break-even point in number of passenger train cars per month? At 70% load = 90x0.7 = 63 Breakeven per car = 35‚000 / 63 = 556 c. If Springfield Express raises its average passenger fare to $ 190‚ it is estimated that the average load factor will decrease to 60 percent. What will be the monthly break-even point in number of passenger cars? Sale price = 190 190x = 70x + 3‚150‚000 X = 26‚250 breakeven passengers
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together. Examples include family‚ childhood friends‚ and highly influential social groups Informal Family Group • I began a winter sport; my younger brother began snowboarding about 7 years ago‚ when he was 11 or 12‚ so rather than buying a snowboard I purchased ski blades. Informal Friendship Group • In high school‚ my friend and his family had a collection of late model diesel Mercedes‚ I would ride with him to crew/rowing practice‚ and sometimes I’d drive. I really liked everything
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Ski Like that is here to make sure that excuse is no longer a valid one! No more watching other people ski and snowboard. You can Ski Like That! Using the tools and resources available at http://www.skilikethat.com‚ you can find certified instructors‚ airline options‚ resort and dining accommodations‚ ski shops‚ and ski schools. We are your one-stop-shop for planning
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What is Alpine Warehouse? Alpine Warehouse is a retailer of downhill and cross-country skis and snowboards. The company stocks the skiing gear by major brands such as K2 and Rossignol. Alpine Warehouse also sells outdoor clothing and winter-sports accessories along with a selection of skiing and snowboarding DVDs. Alpine Warehouse is committed to providing outstanding customer service‚ far beyond the expectations of their customers. They also strive to provide the best products and work towards making
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investment and find the breakeven point in where the cash inflows equals the initial investment. Whenever that breakeven point occurs on your timeline‚ that is your payback period. Let us suppose an initial investment for a project is $1.3 million‚ the expected cash inflows for the first two years totals $850‚000‚ and the third year is expected to be $475‚000. $850‚000 subtracted from $1.3 million equals $450‚000 left‚ which needs to be taken out of the $475‚000 to derive at the breakeven point. 450 divided
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Case Study 6 Case Study Analysis BOOKWORMS‚ INC. * Case Questions: 1. What sources of information should Klein and Berman use? -Klein and Berman should use primary source of information because they needed personal experience and insights of their respondents‚ specifically students. 2. How should Klein and Berman gather data? -Klein and Berman can gather data through informal interview with their clients if their client is compatible with Klein and Berman’s preferred source.
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