FINANCIAL ACCOUNTING AC201 代写

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FINANCIAL ACCOUNTING

AC201 – TERM 162

INSTRUCTIONS

Each Group must submit a report including ALL of the following

criteria:

1. FONT: The font must be Times New Roman.

2. COVER PAGE: This should include the Name of the Hotel,

Group members full name and English name (If any) and the Class.

3. CONTENTS PAGE: List the contents of your project

(Headings, Sub – Headings) and the page numbers they appear on.

4. REFERENCING: Harvard referencing to be applied.

5. MINIMUM WORD COUNT: 1,500 Words

NO HAND WRITTEN REPORT WILL BE ACCEPTED; REPORTS MUST BE

TYPED. MARKS WILL ALSO BE DEDUCTED FOR LATE SUBMISSION.

Project Overview: Your team has been contacted by a nearby

hotel to help the management assess its performance. The current

management team took the hotel over in January Year 2. We’re

presently at the end of Year 2.

Each team of 4/5 students will receive the major financial

statements of a hospitality operation for Year 1 and Year 2. You

will also be provided with the property’s description, and some

background information which will be identical for each team.

Only the financial statements will differ from group to group.

EACH HOTEL (GROUP) WILL RECEIVE:

• Comparative Income Statements (Year 1 and Year 2)

• Comparative Balance Sheets (Year 1 and Year 2)

FINANCIAL ACCOUNTING AC201 代写

ASSIGNMENT

1. Perform a full absolute and % comparative Horizontal and

Vertical Analysis of the Balance sheet and Income Statement

using the information from Year 2 and Year 1 for the hotel.

(25%)

2. Prepare Statements of Cash flow as at the end of year 2, using

the information from the balance sheet and income statements

for years 1 and 2

Write a paragraph (analysis) on the liquidity of the business

based on the Statements of Cash Flow and what this means to

the stakeholders in the business. (35%)

3. Summarize the financial position and performance

achievements for Year 2 and make recommendations to

management for the next financial year. Your analysis should

first consist of a thorough evaluation of net income, the sales

mix percentage, divisional sales revenues, direct cost margins,

gross profit, controllable operating expenses and gross operating

profit ...in that order. Appropriate ratios should be applied to

support your arguments. (30%)

Secondly, recommendations should be made in respect of extra

services and facilites, advertising and marketing and staffing.

(10%):

OVERVIEW OF THE METROPOLITAN HOTEL,

VANCOUVER

Location

The Metropolitan Hotel exudes chic West Coast ambience in

Vancouver, British Columbia, Canada. Located 2 blocks from

Robson Street shops, this hotel is 3 blocks from the theater district

and seven blocks from historic Gastown. A Canada Line station a

half-block away offers easy access to Vancouver International

Airport. Grouse Mountain resort is approximately an hour away.

Hotel Features

Diva at the Met, the hotel's elegant, award-winning dining venue,

boasts a 600-entry wine list and contemporary Canadian cuisine infused with seasonal regional ingredients. Although the décor

showcases marble and original art, the restaurant's aura invites

come-as-you-are comfort. Meeting rooms are available and the

business center provides office services and a computer

workstation with high-speed Internet access. The Metropolitan

Hotel provides complimentary wireless Internet access in all public

areas, including restaurants. A Feng Shui master designed this

hotel with two Foo dogs that guard the hotel's entrance, one that

symbolically protects the structure and the other that protects all

who dwell within the property. An atrium pool with a spa and

lounge chairs captures Vancouver's lingering afternoon light. A

poolside fitness center contains free weights, weight machines,

cardiovascular equipment and a sauna. This is a smoke-free hotel.

Guestrooms

The Metropolitan Hotel features 150 guestrooms and suites offered

in a variety of configurations. Accommodations provide

contemporary solid-oak furniture. Floor-to-ceiling marble-clad

bathrooms contain separate showers and tubs. Select suites feature

winding staircases and balconies with panoramic views.

Complimentary wired and wireless high-speed Internet access is

available. Rollaway beds are available (surcharge).

WHAT YOU NEED TO KNOW

• Extra-person charges may apply and vary depending on hotel

policy. Government-issued photo identification and a credit card

or cash deposit are required at check-in for incidental charges.

• Special requests are subject to availability upon check-in and

may incur additional charges. Special requests cannot be

guaranteed.

• The name on the credit card used at check-in to pay for

incidentals must be the primary name on the guestroom

reservation. • Pets allowed

• Minimum check-in age is: 19

• Check-out time is: noon

• Check-in time starts at: 3 PM

• Parking height restrictions apply

• MasterCard, Visa, American Express

• Diners Club

• Reservations are required for massage services and spa

treatments. Reservations can be made by contacting the hotel

prior to arrival, using the contact information on the booking

confirmation.

• A resort fee is included in the total price displayed.

• This property allows pets in specific rooms only. Guests can

request one of these rooms by contacting the property directly,

using the contact information on the booking confirmation.

FINANCIAL ACCOUNTING AC201 代写

AMENITIES

• Rooms (all rooms include)

• Clock radio

• Cribs/infant beds available

• Desk

• Electronic/magnetic keys

• Electronic check-out

• In-room safe

• Iron/ironing board • Rollaway/extra beds available

• Speakerphone

• Trouser press

• Air conditioning

• Bathrobes

• Bathroom phone

• Cable TV service

• CD player

• City view

• Climate control

• Coffee/tea maker

• Complimentary weekday newspaper

• Daily housekeeping

• Designer toiletries

• Extra towels/bedding in room

• Free local calls

• Free Wi-Fi

• Free wired high-speed Internet

• Hair dryer

• Hypo-allergenic bedding available

• In-room massage available

• IPod docking station

• Minibar

• Multi-line phone

• Pay movies

• Phone

• Premium bedding • Premium TV channels

• Private bathroom

• Separate bathtub and shower

• Sewing kit

• Turndown service (on request)

• TV Internet access (surcharge)

• Voice mail

• Wake-up calls

• Window opens

DINING

Diva at the Metropolitan - Overlooking the city, this fine-dining

restaurant serves breakfast, lunch, dinner, and brunch. Guests can

enjoy drinks at the bar.

GROUP WORK

Some of your assessed work here may involve your working with a

small group of your fellow students. Working as a group is a good

way of learning about a number of things. It is often a challenging

and sometimes frustrating experience. Apart from learning about

the subject your group is researching, you will also learn

something about the way groups operate.

Here are some pointers to getting the most out of your group work:

• Approach your task positively and try to seek co-operation and

consensus among group members.

• It may be helpful to appoint a formal group leader or

coordinator whose job it would be to stimulate discussion and

generally organize what is going on.

• You probably want to assign various tasks/responsibilities to

individual group members.

• Set your group deadlines by which tasks should be completed.

Stick to the deadlines. • Always be clear about what each group member is to achieve

before your next meeting as a group.

• Set a clear time, date and place for your next meeting.

• If someone does not seem to be making a full contribution to the

group’s tasks, discuss it in the group. The person may be

finding it difficult to get information, or they may lack

confidence about working in a group. By open discussion, such

matters usually get resolved.

• You should enjoy your group work. Always try to attend group

meetings and contribute freely and honestly.

PLAGIAIRISM

What is plagiarism?

Failure to fully reference all your sources could be construed

by the marker/tutor as intentional and therefore as plagiarism.

Plagiarism is a serious academic offence. It arises when a student

is suspected of presenting work undertaken by other people as if it

were their own. On the reverse of the assessment receipt form you

will see the following statement on plagiarism.

A student is liable to be found guilty of plagiarism if any work

presented for individual assessment is found to contain the

unacknowledged work of some other person or persons. If this

involves deliberate misrepresentation of material as the

student’s own in an attempt to deceive the examiners then the

offence is very grave indeed.

All sources should be cited and all quotations from the works of

other authors clearly identified as such.

If a student’s work is found to contain verbatim (or near verbatim)

quotation from the work of other authors (including other students

past or present) without clear acknowledgement, then plagiarism has been committed whether or not the student intended to deceive

the examiners. This will result in a 0 grade.

This rule also applies to the fraudulent provision of work by

anyone for use by a student as his/her own.

FINANCIAL ACCOUNTING AC201 代写