Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A) For Business students Explain the role of finance manager using five principles of finance. Support your explanations by giving an example of each principle.

A) For Business students

Explain the role of finance manager using five principles of finance. Support your explanations by giving an example of each principle.

(B) For Hospitality and Tourism Management Students

The Southland adventure company has been providing travel and tourism services to the domestic and international tourists for the last twenty years. The company however has been hit hard by COVID-19 and the travel restrictions. Because of these restrictions, the companys revenue has reduced by 53% and hasnt been able to maintain and upgrade its infrastructure necessary for running the business.

The management of the company is excited about the vaccination roll out and foresee the tourists number will be back to normal again. The company wants to use this period of low number of customers to their advantage to upgrade some of following infrastructure. With the upgraded infrastructure, the management believe that when the tourists are back in full number, the company will be ready to serve them better and earn increased revenue and profit.

1) Buy two passenger vans.

2) Buy camping gears for fifty users and

3) Improve their online booking system by buying license of an online software.

The company has estimated that the above upgradation will cost $100,000. The company requires your help in understanding the raising of this capital.

The capital structure of the company is

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: W. Steven Albrecht, James D. Stice, Earl Kay Stice, K. Fred Skousen, Albrecht S.E.

8th Edition

0324066708, 978-0324066708

More Books

Students also viewed these Accounting questions

Question

Graph each function. f(x) = [x3]

Answered: 1 week ago

Question

=+What kind of design would this be? Diagram the experiment.

Answered: 1 week ago

Question

Do you believe that Matilda overreacted to James? Why or why not?

Answered: 1 week ago