FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Revenue Operating Expense (70%) Operating Profit $4,163,738 $2,914,616 $1,249,121 $4,593,884 $3,215,719 $1,378,165 $5,038,122 $3,526,686 $1,511,437 $5,510,226 $3,857,158 $1,653,068 FFE Reserve (3% of Revenue) $124,912 EBITDA

image text in transcribed

Revenue Operating Expense (70%) Operating Profit $4,163,738 $2,914,616 $1,249,121 $4,593,884 $3,215,719 $1,378,165 $5,038,122 $3,526,686 $1,511,437 $5,510,226 $3,857,158 $1,653,068 FFE Reserve (3% of Revenue) $124,912 EBITDA $1,124,209 Capitalization Rate 9.0% 9.0% 9.0% 9.0% Hotel Valuation $12,491,213

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

Personal Finance

Personal Finance

Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart

12th edition

1259720683, 978-1259720680

More Books

Students also viewed these Finance questions

Question

★★★★★
Olympic Acquisitions Inc. prepared the following post-closing trial balance at December 31, 2011: Required: Prepare a classified balance sheet for Olympic at December 31, 2011. Debit Credit Cash...

Answered: 1 week ago

Question

★★★★★
Determine whether each of the following pairs of hypotheses is valid for a hypothesis test. Explain reasons for any pair that is indicated to be invalid. a. H0: m = 15, HA: m 7 15 b. H0: m = 20, HA:...

Answered: 1 week ago

Question

★★★★★
3. Explain how to achieve a tone that is conversational but businesslike, explain the value of using plain language, and define active and passive voice.

Answered: 1 week ago

Question

★★★★★
Caroline McAfee loaned $400,000 to Carter Oaks Crossing. Joseph Harman, president of Carter Oaks Crossing, signed a promissory note providing that the company would repay the amount with interest in...

Answered: 1 week ago

Question

★★★★★
Revenue Operating Expense (70%) Operating Profit $4,163,738 $2,914,616 $1,249,121 $4,593,884 $3,215,719 $1,378,165 $5,038,122 $3,526,686 $1,511,437 $5,510,226 $3,857,158 $1,653,068 FFE Reserve (3% of...

Answered: 1 week ago

Question

★★★★★
Entity A is a listed company that operates the cargo truck business in Hong Kong for many years. One of the cargo trucks was purchased on 1 October 2012. This cargo truck is made up of three basic...

Answered: 1 week ago

Question

★★★★★
Assuming the friends decide to offer the securities publicly, but only in their home state, they must: apply for a blue-sky exemption. confirm that all purchasers are accredited investors. register...

Answered: 1 week ago

Question

★★★★★
In the case study Metagenom Bio Inc: Protecting Intellectual Property Rights in China. What are the social and legal models in China for the protection of IPR? What are the challenges to an entity's...

Answered: 1 week ago

Question

★★★★★
An insurer has $2,500,000 in total earned premiums for the year. It experiences and pays out in one year $1,000,000 in total losses and $500,000 in underwriting expenses. As a result, under statutory...

Answered: 1 week ago

Question

★★★★★
Shakeia Duncan wants to know what home price she can afford. Her annual gross income is $ 4 6 , 8 0 0 . She owes $ 8 3 0 per month on other debts and expects her property taxes and homeowner's...

Answered: 1 week ago

Question

★★★★★
A lab orders a number of chemicals from the same supplier, with a lead time two weeks. The assistant manager of the lab must determine how much of one of these chemicals to order. Usage of the...

Answered: 1 week ago

Question

★★★★★
2. Use supply and demand curves to depict equilibrium price and output in a competitive market for some farm product. Then show how an above-equilibrium price floor (price support) would cause a...

Answered: 1 week ago

Question

★★★★★
5. Which of the following are elements of current U.S. farm policy? LO22.5 a. Farmers are free to choose how much to plant of any particular crop. b. Direct payments. c. Price supports. d....

Answered: 1 week ago

Question

★★★★★
LO23.1 Explain how income inequality in the United States is measured and described.

Answered: 1 week ago

Previous Question Next Question