Controllable expenses - Study guides, Revision notes & Summaries

TEST BANK for Canadian Income Taxation Planning and Decision Making, 25th Edition by William Buckwold, Joan Kitunen, Matthew Roman, Abraham Iqbal CHAPTER 1 1) Which of the following is not considered to be a separate entity for tax purposes in Canada? A) An individual B) A proprietorship C) A corporation D) A trust 2) Which of the following attitudes and actions is most likely to help decision-makers develop an efficient approach to taxation? A) Cash flows should be considered from a...

Test Bank for Marketing, 20th Edition, William M. Pride, O. C. Ferrell   True / False 1. Marketing consists primarily of selling and advertising. a. True b. False ANSWER: False 2. The broadest and simplest definition of marketing states that it is the development and efficient distribution of products for consumer segments. a. True b. False ANSWER: False 3. Customers are the focal point of all marketing activities. a. True b. False ANSWER: Tru...

MAC3701 Assignment 2 Semester 2 2023 (Answers) QUESTION 1 (100 Marks) EnerFizzCo Drinks Ltd (“EnerFizzCo”), situated in Dersley in the Gauteng Province, is one of the leading energy drink and effervescent tablet manufacturers in the East rand operating in a fiercely competitive market. The company operates two divisions namely the Drink division (DrinkD) and the Tablet division (TabletD). EnerFizzCo’s head office makes all the long-term borrowings decisions and allocates corpor...

Revenue Management Final Exam | Latest 2023 with complete solution What is the industry term used to describe the sum of prices paid by a business's customers? - Total Revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Profit = Sales - Costs What is the name for the net value achieved by both parties in a business transaction? - Profit What elem...

what is the industry term used to describe the sum of prices paid by a business's customers? -daily receipts -profit -profits less expenses -total revenues -total revenues historically, what concept have hospitality managers chiefly used to calculate their selling prices? -income -revenue -costs -profits -costs what is an algebraic equivalent of the formula: sales=costs+profit? -profit=sales-costs -costs=sales+profits -costs=profit-sales -prof...

Revenue management is the act of directing sources of income within the confines of - Answer- capacity, supply and demand GOPPAR takes into account which of the following variables that is not considered in RevPAR? - Answer- Controllable expenses Name revenue optimization strategies - Answer- Market segmentation, Duration control , BAR (Best Available Rate) Legoherel, Poutier, & Fyall point out that revenue optimization is not only about product versioning, distribution channel selectio...

Revenue Management Final Q&A 100% All Verified what is the industry term used to describe the sum of prices paid by a business's customers? -daily receipts -profit -profits less expenses -total revenues - ANS--total revenues historically, what concept have hospitality managers chiefly used to calculate their selling prices? -income -revenue -costs -profits - ANS--costs what is an algebraic equivalent of the formula: sales=costs+profit? -profit=sales-costs -costs=sales+profits ...

What is the industry term used to describe the sum of prices paid by a business's customers? - Answer-total revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Answer-costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Answer-profit=sales-costs What is the name for the net value achieved by both parties in a business transaction? - Answerprofit What element is not present in a barter economy? - Answer-...

What is the industry term used to describe the sum of prices paid by a business's customers?: total revenues Historically, what concept have hospitality managers chiefly used to calcu- late their selling prices?: costs What is an algebraic equivalent of the formula: Sales = Costs + Profit?: prof- it=sales-costs What is the name for the net value achieved by both parties in a business transaction?: profit What element is not present in a barter economy?: money What is the formula used to ca...

Revenue management is the act of directing sources of income within the confines of - ANSWER-capacity, supply and demand GOPPAR takes into account which of the following variables that is not considered in RevPAR? - ANSWER-Controllable expenses Name revenue optimization strategies - ANSWER-Market segmentation, Duration control , BAR (Best Available Rate) Legoherel, Poutier, & Fyall point out that revenue optimization is not only about product versioning, distribution channel selection, ...

What are 6 ways to generate and collect income? - Answer 1. Rent 2. Parking 3. Cable, internet 4. Clubhouse rental 5. Fees: late, pet 6. Laundry/Vending What are 6 controllable expenses? - Answer 1. Salaries personnel 2. Insurance 3. Utilities 4. Taxes 5. Advertising 6. Maintenance What 3 questions should you ask when performing a financial analysis? - Answer 1. How well has a property performed over a specific time period. 2. Where does a property stand at a given d...

ADR formula - ANSWER-Total Rooms Revenue / Total Rooms Sold Value proposition - ANSWER-when a seller communicates to a buyer a description of a product to be sold and the price at which that product will be sold Owners ROI formula - ANSWER-Owners Investment Return/ Owner's Original Investment Profit - ANSWER-net value achieved by both parties in a business transaction GOPAR formula - ANSWER-Total revenue - Management Controllable Expenses / Rooms Available to sell Destination mar...