Question: please answer all points. i will leave a good review ! Harrah's New Orleans is a casino in New Orleans, Louisiana, near the foot of

please answer all points. i will leave a good review !
please answer all points. i will leave a good review ! Harrah's

Harrah's New Orleans is a casino in New Orleans, Louisiana, near the foot of Canal Street a block away from the Mississippi River The casino is owned by Vici Properties and operated by Caesars Entertainment. It is a 115,000 square foot casino with approximately 2,100 slot machines, over 90 table games and a poker room. There are several places to eat ranging from buffet style to fine dining. Since its opening in 1999 Harrah's has been renting nearby hotel rooms to accommodate its guests, currently, the newly renovated 202-room Wyndham Riverfront Hotel is providing such accommodations. In order to avoid leasing rooms, the casino opened its own 27-story hotel tower with 450 rooms across the street from the casino on September 21, 2006. It is the only land-based private casino with table games in the state by Louisiana law (there are other casinos in the state with their gambling facilities on floating boats and horse racing micinos with slot machines) Management is considering construction to add an additional tower that will add 500 additional rooms. Each guest room will feature designer furniture, including beds boasting a custom-upholstered headboard, thick carpet, contemporary paint colors, a 55-inch flat-screen TV, and upscale artwork. Each guest room has a stocked minibar, likely offering such standard favorites as gummy bears, candy bars, beer, vodka, water, carbonated soft drinks, chips, and other assorted snacks and beverages. Each bathroom has a double-sink floating vanity custom-lighted vanity mirrors, a stone shower with two glass sides, and both a rain shower and a hand-held showerhead. In-room toiletries boast luxurious soap and shampoo With the construction completed, Harrah's expects the new tower room rate to average around 249 per night. This is a 35% increase over the room rates in the current tower. 1) What types of decisions might the management of Harrah's need to make over the next several years? How might managerial accounting information be useful to the management of Harrah's? 2) Using the data provided, construct income statements for each of the three years, include proper headings. years ended December 31, 2019 2018 food & beverage expenses S1.106 5572 other revenues 1.051 casino expenses 2,393 1.213 food & beverage revenues 2020 $693 644 497 890 1.574 982 822 rooms expenses 480 360 318 miscellaneous expenses 3,673 2,065 1.871 casino revenue 4.247 2.168 1.608 950 rooms revenue 1.519 1,074 3) Based on your prepared financial statements, did Harrah's operating income increase, decrease or stay the same over the three year period presented? 4) Which division (food & beverage, casino, rooms, or other) generated the most revenue for Harrah's in 2020? 5) If Harrah's uses a job costing system for a wedding, describe what cost items might be included in each of the following categories; direct material, direct labor, overhead

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