Cálculos Financieros Hoteleros y de Restaurante: BEP, EBITDA y Cash Flow
Cuadro de Premisas
- 1 – Days
- 2 – Available rooms per month o puede ser directamente 365 dependiendo de cómo lo desglose = Número de rooms * days
- 3 – %OCC
- 4 – Rooms sold = Available rooms * OCC
- 5 – ADR → Si no me lo da es = ingreso por hab / hab vendidas
- 6 – Room Revenue = ADR * Rooms sold
- 7 – Additional revenues / incomes = Room revenue * el porcentaje de other income o sales
- 8 – Total Revenues / incomes = Add. revenues + Room revenue
Cálculo de los Costes Variables
Ahora se calculan los total variable
Essential Time Value of Money Calculations and Financial Formulas
1. Simple vs. Compound Interest Calculation (4 Years)
Scenario: 4 years at 3% on a principal of $1,330.
Simple Future Value (FVs): FVs = P(1 + rt) = 1330(1 + 0.03 · 4) = $1,489.60.
Compound Future Value (FVc): FVc = P(1 + i)n = 1330(1.03)4 = $1,496.93.
Extra Interest Earned: FVc – FVs = $7.33.
2. Comparing Simple and Compound Interest in Year 10
Scenario: Calculating interest earned in the 10th year (7% on $2,800 principal).
Simple Interest: Yearly interest = 2800 × 0.07 = $196.
Compound Interest in Year
T+1 Settlement Cycle: Clearing Process in Indian Capital Markets
Introduction to Clearing and Settlement
Clearing and settlement is the backbone of the securities market. It ensures that every trade executed on the stock exchange is completed safely and efficiently – the buyer receives the securities and the seller receives the funds. In India, the equity market follows a T+1 rolling settlement cycle, meaning settlement takes place one working day after the trade date.
The 7-Step Settlement Cycle
Step 1: Trade Execution (T Day)
The process begins when an investor
Read MoreFinancial Derivatives: Options and Futures Pricing Problems
Interest Rates, Forwards, and Futures Contracts
Alba, having worked all summer, would like to deposit her money to earn extra income. A bank offers her 5% compounded semiannually. A friend starting a new business offers her 4.92% compounded quarterly. Which option is better and why?
Solution: We compare the effective annual rates.
- Bank Offer: \((1 + \frac{0.05}{2})^2 – 1 = 5.0625\%\)
- Friend’s Offer: \((1 + \frac{0.0492}{4})^4 – 1 \approx 5.012\%\)
The first option is better because it yields a higher
Fama-French Three-Factor Model vs. CAPM Risk Factors
Important Risk Factors in Asset Pricing
Industry Factor
- FIndustry = RIndustry – RStocks: Stocks in the same industry are all exposed to industry-specific shocks (demand, prices, technology).
- This implies stocks in the same industry tend to have higher correlations with each other.
- Stocks in an industry will have a large beta with respect to that industry’s factor (BIndustry). Stocks in nearby industries will have moderate BIndustry, and stocks in unrelated industries will have zero BIndustry.
Size
Read MoreBusiness Entity Tax Comparison: S-Corp, C-Corp, & LLC
Key Factors in Choosing a Business Tax Entity
Qualified Business Income (QBI) Deduction
- Provides a 20% deduction on qualified business income.
- Available for S-Corporations and Partnerships (pass-through entities).
- Not available for C-Corporations.
- Subject to income thresholds (e.g., for 2024: $191,950 for single filers and $383,900 for joint filers), above which the deduction may be limited or phased out.
Self-Employment (SE) Taxes
- Tax Base: Net earnings from self-employment * 0.9235.
- Rates: 12.4% for Social