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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: profile_14 who wrote (33322)7/3/2004 9:50:11 PM
From: Bearcatbob  Read Replies (1) | Respond to of 206113
 
The whole exercise of accounting has gained respect in my eyes. It is a true art to properly allocate costs. One I find interesting is future sales expense vs warranty.

Bob



To: profile_14 who wrote (33322)7/3/2004 9:51:35 PM
From: Elroy Jetson  Read Replies (2) | Respond to of 206113
 
You have betrayed your lack of experience in running a business.

The price charged to a hotel guest bears no relation to either the hotel occupancy or the total costs of running the hotel.

While the marginal cost of serving the guest provides a minimum price the hotel will accept, no other cost or occupancy data is relevant.

As long as they cover their marginal costs, hotels are revenue maximizers.


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