Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Out of Quint Sunny 220.com pacale resort in our Ontara berage occupancy yow 2010 s comp set has 225 rooms on average occupancy rate for

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Out of Quint Sunny 220.com pacale resort in our Ontara berage occupancy yow 2010 s comp set has 225 rooms on average occupancy rate for the year 2018 is 73% Below is the income of Sunny Hesort and its compet VARI ad 7 000, 0.000 120.000 2005 5 22.000 sode 0000 40.000 LET IN 101 QUOD 10 ONE WE M TH ME 300.00 DOROTI 000 00 200 OM 16 10 WE W to ME Tel. 2000 ME . 10000 000 JOIN INI ME O 2 011 OG IND 16-04 Comment on the performance of Sny Resort Chints of the departments and that Sunny Resort is performing not as good as compet, good recommend tegies for improvement provide support to your answer ratios indicators percentage ) Larking Ca Joention of problem areas 16 ani Bruggest pontibintains casing the problems mais Recommends for improvement - B 15 2 EL :: https://learn.senecacollege ca/webapps/assessment/take/launch.jsp?course Remaining Time: 16 minuter. 0 seconds Question Completion Status: Below is the income statement of Sunny Resort and its comp set: REVENUES AND EXPENSES Comp set Year End Ratio to 2019 Revenue Sunny Resort Year End Radto 2019 Revenue Variance Year End 2019 Revenue Rooma Food Beverage Telecommunication Other Operated Departments Rentals and Other Income Total Revenues $6,000,000 2,000,000 420,000 120.000 110,000 165,000 8.815.000 68.1% 55,800,000 22.7% 1.800.000 4.8% 900,000 1.4% 90,000 1.2% 470,000 1.9% 0 100% 9,060,000 64 0% 19.9% 9.9% 1.0% 52% 0.0% 100% $200,000 $200,000 5480.000 $30,000 $360,000 $165,000 $245,000 Departmental Costs and Expenses Rooms Food Beverage Telecommunication Other Operated Departments Total Costs and Expenses 1.400,000 850,000 150.000 60,000 110.000 2.570,000 15.9% 9.6% 1.7% 07 1.2% 29 29 1,100 000 1,000,000 550.000 90.000 240 000 2,980,000 12.196 110% 6.1% 10% 25% 32.996 $300,000 $150.000 $400.000 $30,000 $130 000 $410,000 70.8% 6.245.000 6.080.000 671% $165,000 Total Operated Departmental Income Undistributed Operating Expenses Administrative (GRA) Sales and Marketing Property Operation and Maintenance Utilities Other Unallocated Operated Departments Total Undistributed Expenses 800.000 800 000 420 000 400.000 0 2.420.000 9.1% 760.000 9.196 750.000 48% 670.000 4.5% 550.000 0 0% 0 27.5% 2.740.000 8.4% 8.4% 745 6.19 0.09% 302% $40.000 $40.000 $250.000 $150.000 50 $320.000 36.9% 434% 3.340,000 3 825,000 5185 000 Income Before Fixed Charges 25% 4.5% Management Fees Property Taxes & Insurance Management Fees Property Taxes and Municipal Charges Insurance Total Mgt. Fees, Taxes & Insurance Imam AM Cans Type here to search 220 000 400.000 200 000 220.000 260,000 255 000 120 000 635 000 2.9% 28% 1.3% 70% $10.000 5145.000 $80.000 $185 000 2.3% 939 57 can al 1 o Sunny Resorts 3 220-rom present toel in Blue Mountain Ontario savage cancy for the year 2018 is como sets 235 100m on average and occupancy rate for the year 2010 735 Below is the come statement of Sunny Resort and compet BEVERLISANTES 1.000.000 2009 000 000 14 TH 000 130.000 000 000 13 IS F Remaining Time: 10 minutes, 58 seconds. Question Completion Status: Revenues Rooms Food Beverage Telecommunication Other Operated Departments Rentals and Other Income Total Revenues $6.000.000 2,000,000 420,000 120,000 110,000 165,000 8,815,000 68.1% 55,800,000 22.7% 1,800,000 4.8% 900,000 1.4% 90,000 1.29 470,000 1.9% 0 100% 9,060,000 64.09% 19.9% 9.9% 1.0% 5.2% 0.0% 100% $200,000 $200,000 $480,000 $30,000 $360,000 $165,000 $245,000 Departmental Costs and Expenses Rooms Food Beverage Telecommunication Other Operated Departments Total Costs and Expenses Total Operated Departmental Income 1,400,000 850,000 150,000 60.000 110,000 2.570,000 15.9% 9.6% 1.7% 0.7% 1.2% 29 29 1,100,000 1,000,000 550.000 90,000 240,000 2,980,000 12.1% 11.0% 6.1% 1.0% 2.6% 32.9% -$300,000 $150,000 $400,000 $30,000 $130,000 $410,000 6.245.000 70.8% 6.080.000 67.1% $165,000 800 000 800,000 420.000 400.000 0 2.420.000 9.19 9.195 4.8% 4.5% 0.0% 27 5% 760,000 760.000 670,000 550.000 0 2.740.000 8.4% 8.4% 7.4% 61% 0.0% 30.2% -$40,000 $40,000 $250.000 $150.000 SO $320,000 Undistributed Operating Expenses Administrative (G&A) Sales and Marketing Property Operation and Maintenance Utilities Other Unallocated operated Departments Total Undistributed Expenses Income Before Fixed Charges Management fees. Property Taxes. & Insurance Management Fees Property Taxes and Municipal Charges Insurance Total Mgt. Fees, Taxes & Insurance 3.825.000 43.49 3,340.000 36.9% $485.000 220.000 400.000 200 000 820.000 2.5% 4.5% 2.3 9.396 260.000 255.000 120.000 635.000 2.9% 2.8% 1.3% 7.09 540.000 $145.000 $80.000 -$185.000 Income After Mgt Fee etc. 3.005.000 34.15 2.705.000 29.99 5300.000 Comment on the performance of Sunny Resort hintendentify the contra Out of Quint Sunny 220.com pacale resort in our Ontara berage occupancy yow 2010 s comp set has 225 rooms on average occupancy rate for the year 2018 is 73% Below is the income of Sunny Hesort and its compet VARI ad 7 000, 0.000 120.000 2005 5 22.000 sode 0000 40.000 LET IN 101 QUOD 10 ONE WE M TH ME 300.00 DOROTI 000 00 200 OM 16 10 WE W to ME Tel. 2000 ME . 10000 000 JOIN INI ME O 2 011 OG IND 16-04 Comment on the performance of Sny Resort Chints of the departments and that Sunny Resort is performing not as good as compet, good recommend tegies for improvement provide support to your answer ratios indicators percentage ) Larking Ca Joention of problem areas 16 ani Bruggest pontibintains casing the problems mais Recommends for improvement - B 15 2 EL :: https://learn.senecacollege ca/webapps/assessment/take/launch.jsp?course Remaining Time: 16 minuter. 0 seconds Question Completion Status: Below is the income statement of Sunny Resort and its comp set: REVENUES AND EXPENSES Comp set Year End Ratio to 2019 Revenue Sunny Resort Year End Radto 2019 Revenue Variance Year End 2019 Revenue Rooma Food Beverage Telecommunication Other Operated Departments Rentals and Other Income Total Revenues $6,000,000 2,000,000 420,000 120.000 110,000 165,000 8.815.000 68.1% 55,800,000 22.7% 1.800.000 4.8% 900,000 1.4% 90,000 1.2% 470,000 1.9% 0 100% 9,060,000 64 0% 19.9% 9.9% 1.0% 52% 0.0% 100% $200,000 $200,000 5480.000 $30,000 $360,000 $165,000 $245,000 Departmental Costs and Expenses Rooms Food Beverage Telecommunication Other Operated Departments Total Costs and Expenses 1.400,000 850,000 150.000 60,000 110.000 2.570,000 15.9% 9.6% 1.7% 07 1.2% 29 29 1,100 000 1,000,000 550.000 90.000 240 000 2,980,000 12.196 110% 6.1% 10% 25% 32.996 $300,000 $150.000 $400.000 $30,000 $130 000 $410,000 70.8% 6.245.000 6.080.000 671% $165,000 Total Operated Departmental Income Undistributed Operating Expenses Administrative (GRA) Sales and Marketing Property Operation and Maintenance Utilities Other Unallocated Operated Departments Total Undistributed Expenses 800.000 800 000 420 000 400.000 0 2.420.000 9.1% 760.000 9.196 750.000 48% 670.000 4.5% 550.000 0 0% 0 27.5% 2.740.000 8.4% 8.4% 745 6.19 0.09% 302% $40.000 $40.000 $250.000 $150.000 50 $320.000 36.9% 434% 3.340,000 3 825,000 5185 000 Income Before Fixed Charges 25% 4.5% Management Fees Property Taxes & Insurance Management Fees Property Taxes and Municipal Charges Insurance Total Mgt. Fees, Taxes & Insurance Imam AM Cans Type here to search 220 000 400.000 200 000 220.000 260,000 255 000 120 000 635 000 2.9% 28% 1.3% 70% $10.000 5145.000 $80.000 $185 000 2.3% 939 57 can al 1 o Sunny Resorts 3 220-rom present toel in Blue Mountain Ontario savage cancy for the year 2018 is como sets 235 100m on average and occupancy rate for the year 2010 735 Below is the come statement of Sunny Resort and compet BEVERLISANTES 1.000.000 2009 000 000 14 TH 000 130.000 000 000 13 IS F Remaining Time: 10 minutes, 58 seconds. Question Completion Status: Revenues Rooms Food Beverage Telecommunication Other Operated Departments Rentals and Other Income Total Revenues $6.000.000 2,000,000 420,000 120,000 110,000 165,000 8,815,000 68.1% 55,800,000 22.7% 1,800,000 4.8% 900,000 1.4% 90,000 1.29 470,000 1.9% 0 100% 9,060,000 64.09% 19.9% 9.9% 1.0% 5.2% 0.0% 100% $200,000 $200,000 $480,000 $30,000 $360,000 $165,000 $245,000 Departmental Costs and Expenses Rooms Food Beverage Telecommunication Other Operated Departments Total Costs and Expenses Total Operated Departmental Income 1,400,000 850,000 150,000 60.000 110,000 2.570,000 15.9% 9.6% 1.7% 0.7% 1.2% 29 29 1,100,000 1,000,000 550.000 90,000 240,000 2,980,000 12.1% 11.0% 6.1% 1.0% 2.6% 32.9% -$300,000 $150,000 $400,000 $30,000 $130,000 $410,000 6.245.000 70.8% 6.080.000 67.1% $165,000 800 000 800,000 420.000 400.000 0 2.420.000 9.19 9.195 4.8% 4.5% 0.0% 27 5% 760,000 760.000 670,000 550.000 0 2.740.000 8.4% 8.4% 7.4% 61% 0.0% 30.2% -$40,000 $40,000 $250.000 $150.000 SO $320,000 Undistributed Operating Expenses Administrative (G&A) Sales and Marketing Property Operation and Maintenance Utilities Other Unallocated operated Departments Total Undistributed Expenses Income Before Fixed Charges Management fees. Property Taxes. & Insurance Management Fees Property Taxes and Municipal Charges Insurance Total Mgt. Fees, Taxes & Insurance 3.825.000 43.49 3,340.000 36.9% $485.000 220.000 400.000 200 000 820.000 2.5% 4.5% 2.3 9.396 260.000 255.000 120.000 635.000 2.9% 2.8% 1.3% 7.09 540.000 $145.000 $80.000 -$185.000 Income After Mgt Fee etc. 3.005.000 34.15 2.705.000 29.99 5300.000 Comment on the performance of Sunny Resort hintendentify the contra

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

Auditing

Authors: David Ricchiute

8th Edition

0324226292, 978-0324226294

More Books

Students also viewed these Accounting questions

Question

When should you avoid using exhaust brake select all that apply

Answered: 1 week ago