In early 2008, you purchased and remodeled a 120-room hotel to handle the increased number of conventions coming to town. by mid-2008, it became apparent that the recession would kill the demand for conventions. now, you forecast that you will only be able to sell 20,000 room-nights that cost on average $50 per room per night to service. you spent $20 million on the hotel in 2009, and your cost of capital is 10%. the current going price to sell the hotel is $15 million. what is your breakeven price?

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.

Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.