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Accounting

Accounting

1. Prepare a “transactions analysis” of summary 20 transactions in 2013 and 2014 that shows the changes in resources over the past 2 years of operation as a business.
2. Based on “transactions analysis” prepare an Income Statement for 2013 and 2014; discuss any important changes to Revenues and Expenses from 2013 to 2014.
3. Prepare a Statement of Changes in Owner’s Equity in 2013 and 2014; discuss any important changes to Retained Earnings from 2013 to 2014.
4. Prepare a Balance Sheet in an appropriate format for 2013 and 2014; discuss any important changes to Assets, Liabilities and Owners’ Equity from 2013 to 2014.
5. Calculate Current Ratio and Quick Ratio for 2013 and 2014; discuss any important changes to Liquidity from 2013 to 2014 by comparing these changes over time and with other hotel benchmarks. Use the Thai Hotels (from given readings) and one other global hotel from Accor, Hyatt, IHG or Marriott as your benchmarks.
6. Calculate Debt to Equity and Interest Cover for 2013 and 2014; discuss any important changes to Solvency from 2013 to 2014 by comparing these changes over time and with other hotel benchmarks. Use the Thai Hotels (from given readings) and one other global hotel from Accor, Hyatt, IHG or Marriott as your benchmarks.
7. Calculate Net Profit Margin and Return on Assets for 2013 and 2014; discuss any important changes to Profitability from 2013 to 2014 by comparing these changes over time and with other hotel benchmarks. Use the Thai Hotels (from given readings) and one other global hotel from Accor, Hyatt, IHG or Marriott as your benchmarks.
8. Identify specific concerns or possible areas of management improvement; examine areas of liquidity, solvency and profitability, revenues and expenses together with the management of assets, liabilities and equity. Evaluate any financial areas of concern and opportunity including recommendations for future improvement by management. In this section of the Report, as a team, explain how you are making better business decisions to improve the company financially.

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