A capital budgeting project has a net investment of 450,000 and is expected to generate net cash flows of 150,000 annually for 5 years. What is the net present value at a 15 required rate of return?
A) 64,962
B) 52,823
C) 41,144
D) 300,000
Because hotels are ____________, a manager improving the productivity of employees can add significantly to the bottom line.
Fill in the blank(s) with correct word
Housekeepers play a very important role in hotel security because they are in charge of checking and maintaining security devices in the hotel.
Indicate whether the statement is true or false
In order to identify what the key results areas should be, managers and employees should look at their business from the viewpoint of the company rather than from the viewpoint of the customer.
Indicate whether the statement is true or false
The term ROA refers to a hotel's return on assets.
Indicate whether the statement is true or false
The four-day market refers to hotel operations that focus on business travelers.
Indicate whether the statement is true or false
Low accounts reducing the total amount of accounts receivable can solve receivable turnover.
Indicate whether the statement is true or false
Which of the following methods properly ranks projects' contribution to firm value when the projects have scale differences?
A) internal rate of return
B) modified internal rate of return
C) net present value
D) profitability index
Which is NOT an example of controlling costs for the hotel?
a. Enhancing employee productivity
b. Linen-control programs
c. Using cheap materials and low-grade workmanship when constructing the building
Inadequate security in hotels was alleged in almost two thirds of property liabilities cases from 1983 to
Indicate whether the statement is true or false