1) Resort hotels usually have lower room sales during the week compared with downtown hotels. Which of the following characteristics explains this situation?

Seasonality

Capital intensiveness

Labor intensiveness

Demographic & psychographic nature of the resort tourism

2) When a corporation buys back its own common stocks (that is known as Treasury stocks) from existing shareholders, the company decreases the size of its total assets.

True False

3) Owners Equity is the amount that shareholders can claim on the companys assets before the company makes the payment to its creditors.

True False

used in the previous question. The motel has 200 rooms in its property. It operates 365 days every year. (Ignore the leap year in calculation process.) Please be advised that the Year " n " is the most recent year. n+1 n+2 Based on your finding on the previous question; using the method of 3-Year Moving Average, project the annual rooms revenues (\$) of the motel above for the second year ("n+2 ) from the current year (" n "). The number of days of operations, and the number of rooms available for sales will remain the same (200) for the next few