Business
Baillie Power leased high-tech electronic equipment from Courtney Leasing on January 1, 2021. Courtney purchased the equipment from Doane Machines at a cost of $253,000, its fair value. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. ) Related Information: Lease term 2 years (8 quarterly periods) Quarterly lease payments $18,000 at Jan. 1, 2021, and at Mar. 31, June 30, Sept. 30, and Dec. 31 thereafter Economic life of asset 5 years Interest rate charged by the lessor 8% Required: Prepare a lease amortization schedule and appropriate entries for Baillie Power from the beginning of the lease through December 31, 2021. December 31 is the fiscal year end for each company. Appropriate adjusting entries are recorded at the end of each quarter
Robertson Resorts is considering whether to expand their Pagosa Springs Lodge. The expansion will create 24 additional rooms for rent. The following estimates are available:Cost of expansion$3,310,000 Discount rate 9%Useful life 20 Annual rental income$1,900,000 Annual operating expenses$1,450,000 Robertson uses straight-line depreciation and the lodge expansion will have a residual value of $2,520,000. Required:1. Calculate the annual net operating income from the expansion. 2. Calculate the annual net cash inflow from the expansion. 3. Calculate the ARR. (Round your answer to 2 decimal places. )4. Calculate the payback period. (Round your answer to 1 decimal place. )5. Calculate the NPV. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1. ) (Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round your final answer to nearest whole dollar amount. )
Pacific hotels operates a centralized call center for the reservation needs of its hotels. costs associated with use of the center are charged to the hotel group (luxury, resort, standard, and budget) based on the length of time of calls made (time usage). idle time of the reservation agents, time spent on calls in which no reservation is made, and the fixed cost of the equipment are allocated based on the number of reservations made in each group. due to recent increased competition in the hotel industry, the company has decided that it is necessary to better allocate its costs in order to price its services competitively and profitably. during the most recent period for which data are available, the use of the call center for each hotel group was as follows. division time usage (thousands of minutes) number of reservations (thousands) luxury 320 136 resort 160 187 standard 640 374 budget 480 1,003 during this period, the cost of the call center amounted to $880,000 for personnel and $670,000 for equipment and other costs. required: a-1. determine the allocation to each of the divisions using a single rate based on time used. a-2. determine the allocation to each of the divisions using the dual rates based on time used (for personnel costs) and number of reservations (for equipment and other cost).
Your initial impressions working at Synergy reinforce everything you heard and read about the company. Most employees are highly educated, self-motivated, technically proficient professionals who appear able to handle diverse problems. They require little direction or supervision and, for the most part, exhibit high standards of professional conduct. The headquarters' staff is more structured and formal, but the people are no less educated, motivated, and professional. The Chief Financial Officer, Chief Counsel, Senior Vice President of Operations, and heads of the three SBUs all report to the CEO. You overheard the CEO say she was an "anti-bureaucrat". Based on your observations, what organizational design model does Synergy most closely resemble?
Python TASK: Backup Script- Name this file lab8e.py.- This script should expect one command line argument from the user. This command line argument should be the name of a directory. If this is not a valid directory, print an appropriate error message and exit. HINT: explore the os.path module for ways to check if a string is a valid directory.- First, save the absolute filepath that corresponds to the user-defined directory.- Your script should verify that a directory called backups exists as a subdirectory of the user-defined filepath. If it doesnt exist, create it.- Use the absolute filepath inside os.walk.- For each file, check if the file is a Python script (ends in .py). Use whatever method you like to verify this.- If the file is a python script, make a copy of it in the backups directory.- If the file is not a python script, ignore it and move on.Some things to keep in mind:- You will notice that copy is not on the list of functions that os provides to you. You will need to research the shutil module, which contains more functions. A function called copy() can be found there. As always, take at least a few minutes to read the docs!- Your script should work on Windows, Mac or Linux. Avoid using os.system for this task.- As you copy files into your backups directory, the contents of your target directory will start to change. You will need to exclude any file that is found inside the backups directory itself!- What if your target directory has several files with the same name? This is a situation wed have to address in a more fully-formed project, but for now you might want to consider renaming those files or moving them to another location. You might want to read the docs to discover what will happen when you try copying to a location that already contains a file with that name.- Remember to check the existing methods inside os for help!
