Question
1.What is a hotels operating cash flow to current liabilities, if the property recorded in 2006 an operating cash flow of $9,418,717? The propertys total
1.What is a hotels operating cash flow to current liabilities, if the property recorded in 2006 an operating cash flow of $9,418,717? The propertys total liabilities in 2006 were $9,450,000 of which 38.6% were current. In 2005, the hotels total liabilities were $8,900,000 of which 34.2% were current.
Round your answer to three decimal points.
operating cash flow to current liabilities = ___
2. Compute the debt-equity ratio for a hotel over a three-year period, and indicate whether the ratio is improving or declining in terms of the owners ability to meet long-term obligations. The owners equity was $517,300 in 2006, $455,000 in 2005 and $450,000 in 2004. Total liabilities for the same period were $659,000, $610,000, and $600,000 respectively.
Round your answers to three decimal places.
Debit equity ratio for Y2004 = ___
3. Please refer to the information provided in Question 3, calculate the debt equity ration for Y2005.
Round your answers to three decimal places.
Debit equity ratio for Y2005 = ___
4. Please refer to the information provided in Question 3, calculate the debt equity ration for Y2006.
Round your answers to three decimal places.
Debit equity ratio for Y2006 = ___
4. What is the quick ratio for a 161-room hotel that had total current assets of $304,817, current liabilities of $407,418, and the following current asset composition: cash $218,409, accounts receivable $18,922, inventory $6,661, and prepaid expenses and other $60,825?
Round your answer to three decimal places.
Quick ratio = ___
6. What is the quick ratio for a 161-room hotel that had total current assets of $304,817, current liabilities of $407,418, and the following current asset composition: cash $218,409, accounts receivable $18,922, inventory $6,661, and prepaid expenses and other $60,825? Round your answer to three decimal places. Quick ratio = ___ 7.What is the net return on assets for a hotel that generated total revenue of $4,076,000 in 2006 based on total assets of $7,694,748? The propertys net income was $298,300 with a GOP of $1,892,900. In 2005, the hotel achieved total revenue of $3,864,000, and net income was $309,120 with a GOP of $1,159,200 based on total assets of $6,925,273. Round your answer (%) to two decimal places. Net ROA = ___% |
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