Case 5-4 Royal Resorts and Casino
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Case 5-4 Royal Resorts and Casino
This case was about a company called Royal Resorts and Casino also known as RRC. RRC is a publicly-traded company which issues stocks that are traded on the open market, each on a stock exchange or on the over-the-counter market. The fact that this company is a publicly-traded company is outstanding in understanding why this company acts as a single firm verse as three recess firms. Nevertheless, RRC caters to caters to wealthinessy customers seeking plush surroundings, high quality fare and entertainment, and all the glitz associated with the best fixings and casinos. This 5 star resort and casino consist of three divisions. The hotel division manages the reservation clay and lodging operation. Lodging operations consist of services such as front desk representatives, housekeeping, management, etc. The second division is the turn division consisting of operations, security, and Junkets. Junkets can be referred to as an excursion for the answer of pleasure at public or company expense. whence finally there is the entertainment division which consists of restaurants, lounges, catering, and shows.
The following dishearten show RRCs total EVA of 12 million into an EVA by division.
(Copy chart here)
The chart shows the adjusted accounting profits, Invested capital, Weighted-average monetary value of capital, and EVA. tally to research published by Zimmerman in 2011 (p 180), Economic abide by Added is a measure of profitability for evaluation of investment centers. EVA is after-tax operational income or (adjusted accounting profits) minus the total annual cost of capital. If EVA is positive the company is creating wealth. If it is negative, then the company is destroying wealth. This table clear shows that the EVA for the entertainment and hotel division would be destroying the companys wealth if...If you want to get a full essay, order it on our website: Orderessay
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