What other recommendations would you make to Cindy Hidalgo to increase revenues?
What will be an ideal response?
Other possible ways to increase usage and revenues that might be explored are
1. Create their own exclusive tours by upscale busses, limos, or riverboat.
2. Create high-impact activities for local residents, such as art fairs or festivals.
3. Develop a high-end retreat with a spa and other activities, especially those that would be relevant to plantation days such as horseback riding.
4. Offer reduced prices during weekdays and during slow seasons.
5. Develop partnerships with the other plantations.
The latter could be particularly interesting. Together the plantations could provide enough rooms for a tour bus. They could come up with a tour package that would include visits to several plantations and overnight accommodations at one of them. They could also plan a yearly “plantation home festival” that would attract local residents with food, music, and activities. Certainly they could provide brochures for each others’ facilities in their gift shops. And, they could effectively advertise together to save money.
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On January 2, 2016, Lawn Master Construction, Inc issued $500,000, 10-year bonds for $574,540 . The bonds pay interest on June 30 and December 31 . The face rate is 8% and the market rate is 6%. What is the carrying value of the bonds at the end of ten years before the final maturity payment is made?
a. $574,540 b. $525,000 c. $500,000 d. $425,460
The income statement is prepared from the adjusted trial balance or the income statement columns on the work sheet
Indicate whether the statement is true or false
Which statement is a guide for effective production of the business plan?
a. Use a binding that allows the plan to lie flat when opened. b. Leave enough white space to allow for readers' notes. c. Maintain a consistent style and voice throughout. d. Use a common type size and style. e. All statements (a-d) are production guides.
Choose the correct word or words in parentheses. Neither Laurie nor Jasmine (has, have) started the project