1. Differentiate and critique the analysis methods for estimating and forecasting average daily rates for existing hotel and proposed new hotel.
2. Briefly discuss five reasons for companies to choose repurchases rather dividends under a classical tax system.
3. Wal-mart’s working capital a. Please construct a working capital statement for Wal-Mart based on the most recent financial statements available. b. What is their liquidity ratio? c. What is their inventory turnover ratio?