HTT 230 MART Teaching Effectiverly/htt230mart.com

HTT 230 MART Teaching Effectiverly/htt230mart.com FOR MORE CLASSES VISIT www.htt230mart.com

HTT 230 Entire Course FOR MORE CLASSES VISIT www.htt230mart.com 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 1 CheckPoint: Primary Financial Statements FOR MORE CLASSES VISIT www.htt230mart.com 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.) Show your work for exercise 7.

HTT 230 Week 1 DQS FOR MORE CLASSES VISIT www.htt230mart.com HTT 230 Week 1 DQS

HTT 230 Week 2 Assignment: Rosabella and Canyon Hotel Concept Checks FOR MORE CLASSES VISIT www.htt230mart.com 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 Questions 2 & 3 on p. 52

HTT 230 Week 2 CheckPoint: The CP3 Accounting System FOR MORE CLASSES VISIT www.htt230mart.com 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)?

HTT 230 Week 3 CheckPoint: Credit Card Research FOR MORE CLASSES VISIT www.htt230mart.com 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,

HTT 230 Week 3 CheckPoint: Crescendo Concept Check FOR MORE CLASSES VISIT www.htt230mart.com 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 Week 3 DQs FOR MORE CLASSES VISIT www.htt230mart.com HTT 230 Week 3 DQs

HTT 230 Week 4 Assignment: Watree Lodge and Greenville Restaurant Concept Checks FOR MORE CLASSES VISIT www.htt230mart.com 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 Questions 1–3 on p. 111

HTT 230 Week 4 CheckPoint: The Importance of Working Capital FOR MORE CLASSES VISIT www.htt230mart.com 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?

HTT 230 Week 5 CheckPoint: Growth Strategies FOR MORE CLASSES VISIT www.htt230mart.com 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 Week 5 DQS FOR MORE CLASSES VISIT www.htt230mart.com HTT 230 Week 5 DQS

HTT 230 Week 6 Assignment: Loans and Equity FOR MORE CLASSES VISIT www.htt230mart.com 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 Identify at least one positive and one negative aspect for each of the 7 (a) loan programs. If you were a small business owner, how would you determine which option is most appropriate for your needs?

HTT 230 Week 6 CheckPoint: Debt and Equity is WACC FOR MORE CLASSES VISIT www.htt230mart.com 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? If debt is less expensive than equity, why is a business owner not able to use 100% debt and bypass the equity investor all together?

HTT 230 Week 6 CheckPoint: Financial Schemes FOR MORE CLASSES VISIT www.htt230mart.com 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? What financial advantages does this financial scheme have over the others? What are the disadvantages to the other schemes? Which of the schemes present the least amount of risk to us? What about the most risk?

HTT 230 Week 7 CheckPoint: POS System Concept Check FOR MORE CLASSES VISIT www.htt230mart.com Read the Concept Check on pp. 244–245. Answer question 1 on p. 245

HTT 230 Week 7 DQs FOR MORE CLASSES VISIT www.htt230mart.com HTT 230 Week 7 DQs

HTT 230 Week 8 Assignment: Application Exercises FOR MORE CLASSES VISIT www.htt230mart.com 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

HTT 230 Week 8 CheckPoint: Star Takeover Concept Check FOR MORE CLASSES VISIT www.htt230mart.com Read the Star Takeover Concept Check on pp. 282–284. Answer questions 1–4 on pp. 283–284

HTT 230 Week 9 Capstone FOR MORE CLASSES VISIT www.htt230mart.com HTT 230 Capstone

HTT 230 Week 9 Final Part 1 Of 2 FOR MORE CLASSES VISIT www.htt230mart.com 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 Week 9 Final Part 2 Of 2 FOR MORE CLASSES VISIT www.htt230mart.com 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.

HTT 230 MART Teaching Effectiverly/htt230mart.com FOR MORE CLASSES VISIT www.htt230mart.com

HTT 230 MART Teaching Effectiverly/htt230mart.com