HRTM 421 Final (Chapter 9: Hospitality Industry Applications of Time Value of Money, Concepts and Skills) With 100% accurate answers HRTM 421 Hospitality Financial Management (100% verified answers) HRTM 421 Ch. 5 Study (A+ GUARANTEED)
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Shareholder value for a private company is the current market price of its common stock multiplied by the number of shares of common stock outstanding. correct answers FALSE The more capital a company requires for growth, the quicker the growth rate. correct answers FALSE Steady, sustained gro...
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Add to cartShareholder value for a private company is the current market price of its common stock multiplied by the number of shares of common stock outstanding. correct answers FALSE The more capital a company requires for growth, the quicker the growth rate. correct answers FALSE Steady, sustained gro...
principal correct answers amount of money borrowed debt service correct answers the amount of the regular fixed payments to the bank in repayment of the loan interest rate correct answers the percentage of the loan balance the lender charges the borrower for the use of money amortization ra...
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Add to cartprincipal correct answers amount of money borrowed debt service correct answers the amount of the regular fixed payments to the bank in repayment of the loan interest rate correct answers the percentage of the loan balance the lender charges the borrower for the use of money amortization ra...
Principal correct answers Amount of money being borrowed Debt Service correct answers Fixed payments to the bank Interest Rate correct answers Percentage of loan balance Amortization Rate correct answers Number of years debt service payments is based on What is the Principal Amount based...
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Add to cartPrincipal correct answers Amount of money being borrowed Debt Service correct answers Fixed payments to the bank Interest Rate correct answers Percentage of loan balance Amortization Rate correct answers Number of years debt service payments is based on What is the Principal Amount based...
Hospitality Financial Challenges correct answers A multifaceted industry; low profitability; fluctuating sales volume (not like a supermarket); labor intensive; capital intensive; reliance on discretionary incomes Accounting is the correct answers Language of business Two parts of accounting c...
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Add to cartHospitality Financial Challenges correct answers A multifaceted industry; low profitability; fluctuating sales volume (not like a supermarket); labor intensive; capital intensive; reliance on discretionary incomes Accounting is the correct answers Language of business Two parts of accounting c...
Financial Accounting correct answers Focuses on financial statements (CFO/ Controller) Financial Accounting must present: correct answers - financial condition of the company - operating results Managerial Accounting correct answers Provides timely operating results Managerial Accounting f...
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Add to cartFinancial Accounting correct answers Focuses on financial statements (CFO/ Controller) Financial Accounting must present: correct answers - financial condition of the company - operating results Managerial Accounting correct answers Provides timely operating results Managerial Accounting f...
Primary goal of management is to increase ___________. correct answers Shareholder Value If you're not growing you're ______. correct answers Dying What is essential to a company's success? correct answers Growth Shareholder Value = correct answers Market Value Public Company is easy ...
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Add to cartPrimary goal of management is to increase ___________. correct answers Shareholder Value If you're not growing you're ______. correct answers Dying What is essential to a company's success? correct answers Growth Shareholder Value = correct answers Market Value Public Company is easy ...
Loan Components correct answers -principle -debt service -interest rate -amortization rate Principal correct answers The amount of money borrowed Debt Service correct answers fixed payments to the bank Interest Rate correct answers The percentage of a loan amount you pay in order to bor...
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Add to cartLoan Components correct answers -principle -debt service -interest rate -amortization rate Principal correct answers The amount of money borrowed Debt Service correct answers fixed payments to the bank Interest Rate correct answers The percentage of a loan amount you pay in order to bor...
cost principle correct answers states that all transactions including the purchase or sale of an asset must be recorded at its cost rather than its market value assets, liabilities, and equity correct answers The balance sheet consists of three categories of accounts: liquidity correct answers...
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Add to cartcost principle correct answers states that all transactions including the purchase or sale of an asset must be recorded at its cost rather than its market value assets, liabilities, and equity correct answers The balance sheet consists of three categories of accounts: liquidity correct answers...
loan amortization schedule correct answers - provides info on the year, payment, principal, interest, and balance of a loan - debt service payments remain fixed income approach to value correct answers - estimates future cash flows including an assumed sale at the end of the period - discou...
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Add to cartloan amortization schedule correct answers - provides info on the year, payment, principal, interest, and balance of a loan - debt service payments remain fixed income approach to value correct answers - estimates future cash flows including an assumed sale at the end of the period - discou...
financial Accounting correct answers produce financial statements that accurately present the financial condition of the company and its operating results over time Managerial Accounting correct answers provide more timely operating results related to revenues and expenses to help management maxi...
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Add to cartfinancial Accounting correct answers produce financial statements that accurately present the financial condition of the company and its operating results over time Managerial Accounting correct answers provide more timely operating results related to revenues and expenses to help management maxi...
A lender reads financial statements to evaluate the company's recent performance versus its market segment and competitors, determine important trends, and project future earning for the company. correct answers False Vertical analysis is most often used to analyze and control variable expenses ...
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Add to cartA lender reads financial statements to evaluate the company's recent performance versus its market segment and competitors, determine important trends, and project future earning for the company. correct answers False Vertical analysis is most often used to analyze and control variable expenses ...
T/F: The cost principle states that only transactions that can be expressed in terms of money can be shown on a company's financial statements correct answers False The income statement is often referred to as a: correct answers Profit and loss statement On the balance sheet, equity is correc...
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Add to cartT/F: The cost principle states that only transactions that can be expressed in terms of money can be shown on a company's financial statements correct answers False The income statement is often referred to as a: correct answers Profit and loss statement On the balance sheet, equity is correc...
Loan Components correct answers - Principal * Amount of money being borrowed - Debt Service * Fixed payments to the bank - Interest Rate * Percentage of loan balance - Amortization Rate * Number of years debt service payment is based on Principal Amount correct answers - The amount o...
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Add to cartLoan Components correct answers - Principal * Amount of money being borrowed - Debt Service * Fixed payments to the bank - Interest Rate * Percentage of loan balance - Amortization Rate * Number of years debt service payment is based on Principal Amount correct answers - The amount o...
Principal correct answers The amount of money borrowed debt service correct answers fixed payments to the bank interest rate correct answers percentage of the loan balance amortization rate correct answers number of years the debt service payment is based on amount of principal a bank wi...
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Add to cartPrincipal correct answers The amount of money borrowed debt service correct answers fixed payments to the bank interest rate correct answers percentage of the loan balance amortization rate correct answers number of years the debt service payment is based on amount of principal a bank wi...
What success looks like for a private company correct answers owners expect profits, cash flow, and ROI to increase what success looks like for a public company correct answers stockholders expect the price of their stock to rise Growing company's earnings increase by how much each year? corr...
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Add to cartWhat success looks like for a private company correct answers owners expect profits, cash flow, and ROI to increase what success looks like for a public company correct answers stockholders expect the price of their stock to rise Growing company's earnings increase by how much each year? corr...
t or f: a personal guarantee is a smart way for a borrower to reduce the interest rate on a loan correct answers false t or f: an amortization rate is the rate that a fixed asset is depreciated over its useful life correct answers false t or f: the interest rate is the percentage of the loan b...
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Add to cartt or f: a personal guarantee is a smart way for a borrower to reduce the interest rate on a loan correct answers false t or f: an amortization rate is the rate that a fixed asset is depreciated over its useful life correct answers false t or f: the interest rate is the percentage of the loan b...
True correct answers Working capital is the difference between current assets and current liabilities. True False True correct answers When managing working capital, any surplus cash not required to operate your business should be used to fund projects that will generate additional cash flo...
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Add to cartTrue correct answers Working capital is the difference between current assets and current liabilities. True False True correct answers When managing working capital, any surplus cash not required to operate your business should be used to fund projects that will generate additional cash flo...
Financial Accounting correct answers Focuses on financial statements; must present financial condition of the company & operating results Managerial Accounting correct answers Focuses on revenues & expenses and maximizing operating performance; provides timely operating results Develop Standar...
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Add to cartFinancial Accounting correct answers Focuses on financial statements; must present financial condition of the company & operating results Managerial Accounting correct answers Focuses on revenues & expenses and maximizing operating performance; provides timely operating results Develop Standar...
True correct answers The first step in gaining approval for funding of a capital project is preparation of a professional investment package. True correct answers The full business plan should be included in the investment package which describes in detail what the project is all about and how it...
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Add to cartTrue correct answers The first step in gaining approval for funding of a capital project is preparation of a professional investment package. True correct answers The full business plan should be included in the investment package which describes in detail what the project is all about and how it...
Need for growth: private companies correct answers Expect profit, cash flow, and ROI to increase Need for growth: stockholders correct answers Expect price of their stock to increase Shareholder Value correct answers current market price of common stock MULTIPLIED by number of shares outstandi...
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Add to cartNeed for growth: private companies correct answers Expect profit, cash flow, and ROI to increase Need for growth: stockholders correct answers Expect price of their stock to increase Shareholder Value correct answers current market price of common stock MULTIPLIED by number of shares outstandi...
Readers of Financial Analysis correct answers -Owners -Lenders -Managers -Government -Suppliers -Investment Analysts -Mergers and Aquisitions Owners correct answers Track and evaluate management's performance Lenders correct answers Determine the risk of the business defaulting on its l...
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Add to cartReaders of Financial Analysis correct answers -Owners -Lenders -Managers -Government -Suppliers -Investment Analysts -Mergers and Aquisitions Owners correct answers Track and evaluate management's performance Lenders correct answers Determine the risk of the business defaulting on its l...
Capital correct answers Money or equivalent of money that is loan or invested in a business Types of capital correct answers Debt; equity Debt correct answers Fixed obligation or liability of the business that must be paid back with interest over specified time Equity correct answers Owners...
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Add to cartCapital correct answers Money or equivalent of money that is loan or invested in a business Types of capital correct answers Debt; equity Debt correct answers Fixed obligation or liability of the business that must be paid back with interest over specified time Equity correct answers Owners...
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