Management in the New Millenium," scheduled for October 11 and 12 in Boston. Then Ethan Tang, the staff consultant in charge of registration, stuck his head in the door. putside their expectations. b Compton has agreed to speak for free. register and that in some instances, conferences had been rescheduled and re-advertised to increase registration. to companies that sent more than one person. mailing. change the flight. William Townsley indicated that he was already scheduled to be in Boston on December 7 , so Flagstone would not have to cover his travel expenses if the conference were rescheduled. Ethan called the University Parks Inn to discuss the facilities contract. Although Flagstone had made no payments to the hotel yet, the special events coordinator reminded Ethan of two points in the contract: 2. Flagstone had guaranteed a minimum of 60 guest rooms. If conference attendees booked fewer rooms, Flagstone would have to pay an additional $5,000 for the meeting room rental. registration fee. Required a. What alternatives are available to Anna and Ethan with regard to holding the conference? b. Prepare pro-forma income statements for each of the alternatives you identified in question (a). c. Adjust the statements in part (b) by eliminating the unavoidable costs from the calculation to show only the relevant income/loss from each option. d. What are the pros and cons of holding the conference as scheduled? e. What are the pros and cons of canceling the conference? f. What are the pros and cons of rescheduling the conference? Management in the New Millenium," scheduled for October 11 and 12 in Boston. Then Ethan Tang, the staff consultant in charge of registration, stuck his head in the door. putside their expectations. b Compton has agreed to speak for free. register and that in some instances, conferences had been rescheduled and re-advertised to increase registration. to companies that sent more than one person. mailing. change the flight. William Townsley indicated that he was already scheduled to be in Boston on December 7 , so Flagstone would not have to cover his travel expenses if the conference were rescheduled. Ethan called the University Parks Inn to discuss the facilities contract. Although Flagstone had made no payments to the hotel yet, the special events coordinator reminded Ethan of two points in the contract: 2. Flagstone had guaranteed a minimum of 60 guest rooms. If conference attendees booked fewer rooms, Flagstone would have to pay an additional $5,000 for the meeting room rental. registration fee. Required a. What alternatives are available to Anna and Ethan with regard to holding the conference? b. Prepare pro-forma income statements for each of the alternatives you identified in question (a). c. Adjust the statements in part (b) by eliminating the unavoidable costs from the calculation to show only the relevant income/loss from each option. d. What are the pros and cons of holding the conference as scheduled? e. What are the pros and cons of canceling the conference? f. What are the pros and cons of rescheduling the conference