Why is it paramount for casinos to control the influx of money?
What will be an ideal response?
Which level of strategy impacts the operating staff to the greatest degree during their daily work experiences?
a. corporate strategy
b. business strategy
c. functional strategy
d. none of the above
Continuing question 14, the weighted average cost of capital is:
a. 0.04
b. 0.05
c. 0.06
d. 0.07
Bill Harrah opened a bingo parlor in Reno, Nevada in 1937 with his father. They were the first gaming operation financed by a banking institution.
What will be an ideal response?
Continuing question 14, the proportion of equity to total capital is:
a. 40
b. 50
c. 60
d. 70
What are the most important components for business level strategy-making?
a. the distinctive competencies of the firm and its competitive methods
b. the capabilities of the firm and the opportunities and threats in the environment
c. all of the above.
d. none of the above.
Common-size statements are most closely associated with which of the following elements of financial analysis?
a. vertical analysis
b. horizontal analysis
c. diagonal analysis
d. the acid test
Hard copies and computer-stored information constitute the revenue in the gaming centers except table games.
Indicate whether the statement is true or false
What issues might confront the corporate strategist after the corporate strategy has been designed?
a. the portfolio or mix of businesses.
b. the problems of generating and allocating resources to these businesses.
c. how to create the maximum return on the investment by integration of different business.
d. a and b above.
e. all of the above.
The cost of debt is 5; the cost of equity is 10. The total of long term liabilities and stockholder's equity is 50,000,000 . The total amount of the long term liabilities is 30,000,000 .
The total amount of the stockholder's equity is 20,000,000 . The proportion of debt to total capital is: a. 40
b. 50
c. 60
d. 70
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