Calculate the actual retention/flow through in dollars and percent. Actual retention/flow through dollars_______________. The difference between actual

Question:

Calculate the actual retention/flow through in dollars and percent.

Actual retention/flow through dollars_______________.

The difference between actual and budget profit dollars $ 1,170,000 minus $ 1,115,000.

Actual retention/flow through percent _____________.

The change in profit dollars divided by the change in revenue dollars $ 55,000 divided by $ 65,000.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting and Financial Analysis in the Hospitality Industry

ISBN: 978-0132458665

1st edition

Authors: Johnathan Hales

See More Books

Question Posted: Mar 12, 2019 12:29 PM

See More Questions

a. Complete the increase (decrease) in dollars and percent. b. Comment ontrends. Rapid Retail Comparative Statements of Income December 31 Increase (Decrease) 2010 2009 Dollars Percent (In thousands...
The Hampshire Company manufactures umbrellas that sell for $12.50 each. In 2014, the company made and sold 60,000 umbrellas. The company had fixed manufacturing costs of $216,000. It also had fixed...
The annual report for Target Corporation opens with a general description of business operations, risk factors, stock market registration, and selected financial data. This is followed by Managements...
Sodium tripolyphosphate (Na5P3O10) is used in many synthetic detergents. Its major effect is to soften the water by complexing Mg2+ and Ca2+ ions. It also increases the efficiency of surfactants, or...
Maxwell's direct labor costs for the month of January follow: Problem Information Direct labor hourly rate paid............................................. 28.5 Total standard direct labor hours for...
Identify and explain the three dimensions that provide different perspectives on CSR.
What is the relationship between objectives, strategies and tactics?
Calculating Required lax Anticipation Financing and Recording Issuance of Tax Anticipation Notes. The City of Perrin collects its annual property taxes late in its fiscal year. Consequently, each...
BEIJINGChina's better-than-expected trade figures in December have sparked questions over whether trade flows have been inflated by investors evading capital controls and the extent of incentives...
A regional planner is studying the demographics in a region of a particular state. She has gathered the following data on nine counties. a. Is there a linear relationship between the median income...
Calculate the actual and budget department profit margins (remember profit margins are percentages) for the following hotel departments: Actual Budget $ 1,250,000 $ 1,200,000 Room Revenues 215,000...
How many Revenue Departments do you think are included in the Daily Four Seasons Scottsdale Resort's Revenue Report? Name them. List the departments that prepare weekly wage forecasts that the...
Trendy Toes, Co., produces sports socks. The company has fixed costs of $95,000 and variable costs of $0.95 per package. Each package sells for $1.90. Requirements 1. Compute the contribution margin...
A similarity between project management and general management is the tendency to "manage by exception" Is this statement true or false and why?
Chevy Corp. has common shares with a current total market value of $75,000,000, and a cost of equity of 29%. The company has total debt outstanding that has a market value of $60,000,000 and a cost...
Use the following selected account balances of Delray Manufacturing for the year ended December 31. Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods...
What is the weighted average rate of return for the following $100,000 investment portfolio, in dollars? Retirement fund: $50,000 (6% annual interest) Stocks: $20,000 (7% annual interest) Bonds:...
The manufacturer would like to award Supplier 5 some work (i.e., procure some amount of at least one product), and has asked Supplier 5 to investigate cost reduction of Products C2 and C3. For...
Barbara, a calendar year taxpayer, owns and operates a company that manufactures toys. For 2017, she has modified AGI of $500,000 and QPAI of $550,000. Ignoring the W2 wage limitation, calculate...
How has the globalization of firms affected the diversity of their employees? Why has increased diversity put an additional burden on accounting systems?
Illustrate how the reference group concept may apply in practice by explaining how you personally are influenced by some reference group for some product. What are the implications of such behavior...
Give two examples of recent purchases where the specific purchase situation influenced your purchase decision. Briefly explain how your decision was affected.
Give an example of a recent purchase in which you used extensive problem solving. What sources of information did you use in making the decision?
In what ways does HR assist managers in handling employee performance issues or conflicts within their teams? What role does HR play in helping managers navigate challenges related to allegations and...
Why is A/B testing so useful for marketing, and digital marketing in particular? Give at least two examples of A/B testing for marketing purposes. Give a null and alternative hypothesis for one of...
Define the following sets (30 points) (a) X = {(x, y) = R: y = f(x) = 3x + 3y 42} =1 (b) Y={(x, y) = R: y = f(x) = 2x + 2y 42} (c) Z = XUY (d) Prove whether or not each set defined above is convex?

Calculate the actual retention/flow through in dollars and percent. Actual retention/flow through dollars_______________. The difference between actual

Question:

Step by Step Answer:

Calculate the actual retentionflow through in dollars and percent ...View the full answer

Accounting and Financial Analysis in the Hospitality Industry

Students also viewed these Business questions