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HTT 230 Week 1 CheckPoint: Primary Financial Statements HTT 230 Week 2 Assignment: Rosabella and Canyon Hotel Concept Checks HTT 230 Week 2 CheckPoint: The Sarbanes-Oxley Act HTT 230 Week 2 CheckPoint: The CP3 Accounting System HTT 230 Week 3 CheckPoint: Credit Card Research HTT 230 Week 3 CheckPoint: Crescendo Concept Check HTT 230 Week 4 Assignment: Watree Lodge and Greenville Restaurant Concept Checks HTT 230 Week 4 CheckPoint: The Importance of Working Capital HTT 230 Week 5 CheckPoint: Growth Strategies HTT 230 Week 6 Assignment: Loans and Equity HTT 230 Week 6 CheckPoint: Debt and Equity is WACC HTT 230 Week 6 CheckPoint: Financial Schemes HTT 230 Week 7 CheckPoint: POS System Concept Check HTT 230 Week 8 Assignment: Application Exercises HTT 230 Week 8 CheckPoint: Star Takeover Concept Check HTT 230 Capstone HTT 230 FINAL PART 1 OF 2 HTT 230 FINAL PART 2 OF 2 HTT 230 Week 1 DQS HTT 230 Week 3 DQs HTT 230 Week 5 DQS HTT 230 Week 7 DQS
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HTT 230 UOP Courses HTT 230 ENTIRE COURSE HTT 230 WEEK 1 CHECKPOINT PRIMARY FINANCIAL STATEMENTS • HTT 230 Week 1 CheckPoint: Primary Financial Statements • HTT 230 Week 2 Assignment: Rosabella and Canyon Hotel Concept Checks • HTT 230 Week 2 CheckPoint: The Sarbanes-Oxley Act • HTT 230 Week 2 CheckPoint: The CP3 Accounting System • HTT 230 Week 3 CheckPoint: Credit Card Research • HTT 230 Week 3 CheckPoint: Crescendo Concept Check • HTT 230 Week 4 Assignment: Watree Lodge and Greenville Restaurant Concept Checks • HTT 230 Week 4 CheckPoint: The Importance of Working Capital • HTT 230 Week 5 CheckPoint: Growth Strategies • HTT 230 Week 6 Assignment: Loans and Equity • HTT 230 Week 6 CheckPoint: Debt and Equity is WACC • CheckPoint: Primary Financial Statements • Write a 200- to 300-word response addressing the following topics from Ch. 2: • Briefly explain each of the primary financial statements. • Identify their individual importance, as well as how they relate to one another. • Provide at least one example of cash inflow and one example of cash outflow for each of the three sections of the statement of cash flow. • Answer Application Exercises 4, 5, 6, & 7 on pp. 47–48. (Your answers to these exercises are not to be included in the total word count for the written paper.)
HTT 230 UOP Courses HTT 230 WEEK 1 DQS HTT 230 WEEK 2 ASSIGNMENT ROSABELLA AND CANYON HOTEL CONCEPT CHECKS • HTT 230 WEEK 1 DQS • Assignment: Rosabella and Canyon Hotel Concept Checks • Read the Rosabella Concept Check on p. 48 and the Canyon Hotel Concept on pp. 49–52 of the text. • Write a 350- to 700-word response addressing the following questions: • Questions 1–3 on p. 49
HTT 230 UOP Courses HTT 230 WEEK 2 CHECKPOINT THE CP3 ACCOUNTING SYSTEM HTT 230 WEEK 2 CHECKPOINT THE SARBANES-OXLEY ACT • CheckPoint: The CP3 Accounting System· Explain the advantages of the CP³ accounting system in 200 to 300 words. Do you see any potential disadvantages of using the system? How does this system of accounting adhere to the Generally Accepted Accounting Principles (GAAP)? • CheckPoint: The Sarbanes-Oxley Act • • Review the AICPA Web site at • http://thecaq.aicpa.org/Resources/Sarbanes+Oxley/Summary+ • of+the+Provisions+of+the+Sarbanes-Oxley+Act+of+2002.htm and read the information regarding The Sarbanes-Oxley Act, especially sections 401 to 404.
HTT 230 UOP Courses HTT 230 WEEK 3 CHECKPOINT CREDIT CARD RESEARCH HTT 230 WEEK 3 CHECKPOINT CRESCENDO CONCEPT CHECK • CheckPoint: Credit Card Research • All credit card companies charge merchants a credit card transaction fee. Most third-party credit card processing services also charge businesses an additional interchange fee for using their credit verification devices. • Research the fees assessed by third-party credit card processors online. • Write a 350- to 700-word response regarding credit card transaction fees. Address the following in your response: • Identify some of the information you found regarding interchange fees. • If the average business owner loses 2% to 7% of each transaction, how can he or she compensate for the loss? • CheckPoint: Crescendo Concept Check • Read the Crescendo Concept Check on pp. 89–90. • Answer questions 2 & 3, regarding cost-volume-profit analysis. Be sure to show your work.
HTT 230 UOP Courses HTT 230 WEEK 3 DQS HTT 230 WEEK 4 ASSIGNMENT WATREE LODGE AND GREENVILLE RESTAURANT CONCEPT CHECKS • HTT 230 WEEK 3 DQS • Assignment: Watree Lodge and Greenville Restaurant Concept Checks • Read the Watree Lodge and Greenville Restaurant Concept Checks on pp. 109–111 of the text. • Write a 350- to 700-word response addressing the following questions related to the Watree Lodge and Granville Restaurant scenarios: • Questions 2 on p.110
HTT 230 UOP Courses HTT 230 WEEK 4 CHECKPOINT THE IMPORTANCE OF WORKING CAPITAL HTT 230 WEEK 5 CHECKPOINT GROWTH STRATEGIES • CheckPoint: The Importance of Working Capital • Explain the importance of working capital as it relates to the budget process in 200 to 350 words. Address the following questions in your explanation: • What are the potential implications if a business owner miscalculates the working capital projection? • As a business owner, how would you seek to rectify the situation of not having sufficient working capital? • CheckPoint: Growth Strategies • Write a 200- to 300-word response addressing the following: • ○ Identify a potential growth strategy available to each of the following lodging facilities:
HTT 230 UOP Courses HTT 230 WEEK 5 DQS HTT 230 WEEK 6 ASSIGNMENT LOANS AND EQUITY • HTT 230 Week 5 DQs • Assignment: Loans and Equity • Review Appendix B and the U.S. SBA Web site at www.sba.gov. • Write a 750- to 1,050-word paper addressing the following: • Define the following terms associated with the types of loans and equity available to a new business: • Equity capital • Debt financing • Equity financing • Grants
HTT 230 UOP Courses HTT 230 WEEK 6 CHECKPOINT DEBT AND EQUITY IS WACC HTT 230 WEEK 6 CHECKPOINT FINANCIAL SCHEMES • CheckPoint: Debt and Equity is WACC • Write a 200- to 300-word response explaining the concepts of debt, equity, and weighted average cost of capital (WACC). Additionally, identify why WACC is so important for a business owner to understand: • Why would a business owner look to maximize the amount of debt he or she can borrow and minimize the amount of equity he or she would need? • CheckPoint: Financial Schemes • Assume you are the developer of major hotel properties and are interested in developing a new project on the beach in Puerto Peñasco, Mexico. • Compose a 200- to 300-word memo to one of your partners in response to her questions regarding the project: • Which of the financial schemes should we choose for our venture: timeshare, condominium, or mixed-use? Why?
HTT 230 UOP Courses HTT 230 WEEK 7 CHECKPOINT POS SYSTEM CONCEPT CHECK HTT 230 WEEK 7 DQS • CheckPoint: POS System Concept Check • Read the Concept Check on pp. 244–245. • Answer question 1 on p. 245 • HTT 230 Week 7 DQs
HTT 230 UOP Courses HTT 230 WEEK 8 ASSIGNMENT APPLICATION EXERCISES HTT 230 WEEK 8 CHECKPOINT STAR TAKEOVER CONCEPT CHECK • Assignment: Application Exercises • Complete Application Exercise 2, 3, & 5 on p. 281. • Answer the following additional question: In your opinion, what is the most important factor to consider when contemplating a loan offer? Explain your reasoning • CheckPoint: Star Takeover Concept Check • Read the Star Takeover Concept Check on pp. 282–284. • Answer questions 1–4 on pp. 283–284
HTT 230 UOP Courses HTT 230 WEEK 9 CAPSTONE HTT 230 WEEK 9 FINAL PART 1 OF 2 • HTT 230 CAPSTONE • Final Project: Hotel Consultation • Review the Final Project Scenario in Appendix A. • Develop a 1,400- to 1,750- word paper using Appendixes A and C as your guide. Address the following in your paper: • Compare the Dreschler Hotel to the competing hotels listed in the Trend Report in Appendix C. Identify any issues that may be affecting how the Dreschler Hotel is performing. • Describe two potential improvements or additions to the property described in Appendix C that may help increase business and overall profit. • Identify the funding options available to you, assuming there is no working capital to put toward these projects.
HTT 230 UOP Courses HTT 230 WEEK 9 FINAL PART 2 OF 2 • Final Project: Hotel Consultation Review the Final Project Scenario in Appendix A. Develop a 1,400- to 1,750- word paper using Appendixes A and C as your guide. Address the following in your paper:o Compare the Dreschler Hotel to the competing hotels listed in the Trend Report in Appendix C. Identify any issues that may be affecting how the Dreschler Hotel is performing.o Describe two potential improvements or additions to the property described in Appendix C that may help increase business and overall profit.o Identify the funding options available to you, assuming there is no working capital to put toward these projects.o Explain two benefits and one disadvantage of converting the property into any one of the following financial schemes: timeshare, condominium, or mixed-use.o Choose a new name for the hotel to reflect the upgraded features that have been identified in this project Final Project: Hotel Consultation • Review the Final Project Scenario in Appendix A.
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