Business finance – accounting challenge phase simulation assignment
Complete the Challenge Phase Simulation Assignment
I wanted to give you a few additional tips when starting the Challenge Phase Assignment.
When you open the Monthly Profit Report change the month to August so that you are using a full month of data to do the benchmarking.
A note that in August the Sales both in Rooms and Restaurant were almost 50% below budget so you will have to make fairly extensive cuts to wages to achieve the required result.
Make sure when you are copying your change forward that you copy for 5 weeks to impact the whole month of September and when you rerun the sim that you run it until September 30th.
I apologize for the confusion of the $210,000 corporate credit! I have no clue why they included this; it just makes the sim unclear