should record sales revenue in January 2010 of what? Present value of annuity due PVad = [ $80‚000 x f( n=7‚ i=10%)] x (1+.10) PVad = $80‚000 x 4.868 x 1.10 = $428‚384 2.) On January 1‚ 2010‚ Haley co. issued ten-year bonds with a face amount of $2‚000‚000 and a stated interest rate of 8% payable annually on January 1. The bonds were priced to yield 10%. What was the total price of the bonds? Requires both Present value of a single sum and ordinary annuity PVss = $2‚000‚000 x f(
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One of the most important concepts about saving and investing is the time value of money. It can be used to compare investment alternatives and to solve problems involving loans‚ mortgages‚ leases‚ savings‚ and annuities. This means money paid out or received in the future is not equivalent to money paid out or received today because inflation erodes money’s buying power. Basically‚ the power of time is on a person’s side and the premise that cash in hand today is more valuable
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Luxury hotel segment is getting more competitive. Rosewood Hotels & Resorts have been competing in this segment more than 25 years with its distinctive individual hotel brands. On the contrary‚ guests want to see one unique brand‚ same quality and service at every hotel that they stay under one corporate brand name. One corporate brand strategy help companies increase their retention rate‚ make multi-cross selling and have loyal repeat buyers. Guests also tend to tie the brand of hotels that they
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Firstly‚ as the hotel is near the beach so it will include an access for the guest such as snorkeling or diving. The hotel also provides some equipment that can be use for that reasons the hotel will need the guest’s room number and the particular time that the guest will return it back. Beside that the guest also can has experience for parasailing above the Panama City Beach. Guests
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For a hotel always concerned about the quality of their service to their customers. However‚ customers are not satisfied about the quality of those serving. That has led to customers began to complain about the quality of service. Most hotels are known complaints have reduced the assessment of. Especially the complaints related to the long wait at check-in and checkout. This essay will discussion of the factors contributing to the complaint and proposed solutions to resolve them. Check-in and checkout
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THE LEVEL OF IMPLEMENTATION OF MARKETING PRACTICES OF HOTELS AND RESORTS IN NUEVA VIZCAYA AND THEIR LEVEL OF CUSTOMER SATISFACTION: RECOMMENDATIONS FOR IMPROVED MARKETING PRACTICES A Thesis Presented to The Faculty of the School of Business Department of Business Administration Saint Mary’s University Bayombong‚ Nueva Vizcaya In Partial Fulfilment Of the Requirement for the Degree Bachelor of Science in Business Administration By: Krisha Ann N. Pacis Janadriyah A. Logan Phoebe
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TIME VALUE OF MONEY 1. If you were scheduled to receive Rs 100‚000 five years hence‚ but you wish to sell your contract note for its present value‚ which type of compounding would you rather have the purchaser of your contract note to use to find the purchase price‚ 8 percent compounded: (a) (b) (c) (d) (e) Continuously Quarterly Semi-annually Annually None of the above 2. According to the rule of 69‚ the doubling period is equal to (a) (b) (c) (d) (e) 0.25 + (69/ Interest rate) 0.35 + (69/ Interest
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The “value of time” according to transport economics refers to the opportunity cost of the time that voyager spend on their journey. In other words‚ it is the amount that a traveler would be willing to pay in order to save time‚ or the amount they would accept as compensation for lost time. It’s a known fact that one of the main reasons behind the transport improvements is the amount of time that travelers can save. Using a set of values of time‚ the economic benefits of a transport project can be
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CUSTOMER SATISFACTION IN HOTELS IN CAPE TOWN MBUNGWANA CHRISTINE LUNGISWA 2009 CUSTOMER SATISFACTION IN HOTELS IN CAPE TOWN by MBUNGWANA CHRISTINE LUNGISWA Dissertation submitted in fulfilment of the requirements for the degree Master of Technology: Quality in the Faculty of Engineering at the Cape Peninsula University of Technology Supervisor: A Bester Co-supervisor: Prof. Dr. J A Watkins D. Phil.‚ D. Com.‚ Ph. D. Bellville November 2009 ii DECLARATION I‚ Christine Mbungwana‚ hereby
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competes.[1] *Characrteristics of Effective leader 1. An Effective Leader is a Risk-Taker An effective leader attempts to bring about great changes. These changes are not without risks. Facing changes and challenges‚ as we get older is a part of life. How we deal with changes and challenges reflects on who we are and how we will grow as a leader. 2. An Effective Leader has Self-control Strong leaders know that their ability to stay calm‚ even in the worst of conflicts‚ is a character trait
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