Lab5_bis120 - Port Supreme Bed & Breakfast Date Created:...

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Date Created: 5/20/2007 Created By: Mahanaim Peterson Purpose: 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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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
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This lab report was uploaded on 02/20/2008 for the course BIS 120 taught by Professor Forgot during the Spring '07 term at DeVry Houston.

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Lab5_bis120 - Port Supreme Bed & Breakfast Date Created:...

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