Lab5_bis120 - Port Supreme Bed Breakfast Date Created...

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Port Supreme Bed & Breakfast Date Created: 5/20/2007 Created By: Mahanaim Peterson Purpose: To perform a data analysis for a Bed & Breakfast in Port Supreme, Wash The worksheet will analyze what kind of customer base Steve & Linda wo Recommendation: In review of your financial goals and review of the data I would recommen It will be possible to achieve a net income of $50,000 or more if you are w
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hington. ould need in order to show a profit. nd not opening a bed and breakfast. willing to take the risk financially.
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Port Supreme Bed & Breakfast Income Statement Impact of Varying Assumptions Fee Number of Customers 500 140 Nights per Stay 1 130 Number of Meals 3 135 140 Revenue 145 Fee per Night 140 150 Total Revenue 70000 155 160 Variable Expenses 165 Room Upkeep (per night) 1.5 170 Annual Room Upkeep 750 175 Food Cost (per meal) 4 180 Annal Food Cost 6000 Total Variable Expenses 6750 Impac Fixed Expenses Estimated Taxes 15000 Fees Insurance 5000 130 Maintenance 5000 135 Food 15000 140 Total Fixed Expenses 40000 145 150 Summary 155 Total Revenue 70000 160 Total Expenses 46750 165 Net Income 23250 170 175 180
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g Fees on Revenue and Net Income Revenue Net Income 70000 23250 65000 18250 67500 20750 70000 23250 72500 25750 75000 28250 77500 30750 80000 33250 82500 35750 85000 38250 87500 40750 90000 43250 ct of Varying Fees and Number of Customers on Net Income
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