MEMORANDUM To: Manager of Snowy Ridge Ski Resort From: Kate Smith‚ Chief Accountant for Recreational Properties‚ Inc. Date: October 27‚ 2010 RE: Fair Value Assessment The subsequent valuations are consistent with the Statement of Financial Accounting Standards no. 157‚ defined as “the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.” Snowy Ridge Ski Resort was acquired on June‚ 30th
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Principles of Management SKI RESORTS IN THE USA CASE STUDY Table of Contents: 1. Abstract…………………………………………………………………………………………..3 2. Question 1………………………………………………………………………………………4 3. Question 2………………………………………………………………………………………5 4. Question 3………………………………………………………………………………………7 5. Question 4………………………………………………………………………………………8 6. Conclusion………………………………………………………………………………………9 7. Reference list…………………………………………………………………………………10 Abstract The following paper
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they created their service culture based on their disadvantages. They have their unique riding program which brought the turnover from $8‚000 to $15‚000 in three months of seasons. Their services made their customers enjoyed the time they spent in the ski private lessons to have fun and make they feel more confidence about themselves. They help their customers excess what their want which are goods or services that are not necessary but that customer’s desire or wish for. (Monroe County Women’s Disability
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CHAPTER 5 Review Questions 2 – Organization culture can significantly influence the estimates. How the difference of culture appears on human beings can also be seen in an organization. In some organizations‚ padding estimates is normal and even encouraged in some cases. On the other hand‚ another organization which is sensitive on estimates can put much more effort to increase the accuracy of the project estimates. It is all about their approach to the project management. Some believe that it
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Deer Valley Lodge Ski Resort Katrina Edwards 14 December 2008 AIU Deer Valley Lodge Ski Resort Deer Valley Lodge wants to upgrade their facilities by adding five ski lifts. What we were first asked to do was to calculate the investment‚ which includes the lifts‚ installation‚ and preparation. It’ll cost $2 million for each lift and $1.3 million to prepare the slopes. The investment‚ what needs to be spent today is $3.3 million‚ you’ll get that figure by adding the costs of the lift and
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Top French Ski Resorts France is probably the top ski destination in Europe with its wide variety of resorts and excellent ski infrastructure. Each ski resort offers something unique‚ so you’ll need to do your research and make the right selection. Even if you haven’t planned your ski holiday in advance‚ or changed your plans and dates at the last minute‚ don’t worry. The French Alps have enough resorts and ski destinations with last minute availability of holiday rental accommodation. French Alps
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Week 3 Assignment 3 Whistler Ski Resort Critical Path Analysis Tien-Chang‚ Huang 1. Describe the significance of the Critical Path and how to identify the Critical Path. (2 pts) Critical Path is the path(s) with the longest duration in the network diagram. If any activity in the path is delayed‚ the whole project will be delayed. 2. What is the total project duration‚ project start and end dates? (1 pt) Total Project Duration 137 days Project Start Date Mon. 4/4/16 Project End Date Fri. 10/21/16
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Case 10-2 Eagle Impairment Case Question #1 Under IFRS’ International Account Standard No.36^15 an asset must be assessed for indicators of impairment at the end of each reporting period. The information provided for the commercial building in Italy does not say whether there are is an event or change in circumstances that indicate that book value of the asset may not be recoverable. Since there is no indicator mentioned‚ one possibility would be that no investigation of impairment take place and
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Impairment accounting – the basics of IAS 36 Impairment of Assets IAS 36 Impairment of Assets (the standard) sets out the requirements to account for and report impairment of most non-financial assets. IAS 36 specifies when an entity needs to perform an impairment test‚ how to perform it‚ the recognition of any impairment losses and the related disclosures. Having said that‚ the application of IAS 36 is wide and its requirements may be open to interpretation. The recent economic uncertainty
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Case #3 Barnes plans to use the preceding ratios as the starting point for discussions with SKI ’s operating executives. He wants everyone to think about the pros and cons of changing each type of current asset and how changes would inter-act to affect profits and EVA. Base on the data‚ does SKI seem to be following a relaxed‚ moderate‚ or restricted working capital policy? A company with a relaxed working capital policy would carry relatively large amounts of current assets in relation to
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