Case Study on Rose Garden Hotel

Added on - 21 Apr 2020

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RUNNING HEAD: Accounting1Project Report: Accounting
Accounting2ContentsCase overview...................................................................................................................3Task 1................................................................................................................................3Task 2................................................................................................................................4Task 3................................................................................................................................5Conclusion........................................................................................................................6References.........................................................................................................................8
Accounting3Case overview:According to the requirements, it has been analyzed that the job of sales andmarketing department is more interesting and thus I have chosen to work in the sales andmarketing department of the company. This opportunity would help the employee to achievebigger in future.In the given case, Rose Garden Hotel case study has been analyzed and it has beeninvestigated that how Rose Garden Hotel is managing its expense through various methods.In this report, various issues of the hotel have been solved through the budget analysis, buy orrent decision analysis and market analysis. According to this case, the issues of the companyhave been solved on the basis of various methods.Task 1:According to the study over Rose Garden Hotel, it has been investigated that thishotel has 2 alternatives which are either buying the machineries or take the machineries onrent from market. According to the evaluation, it has been analyzed that this hotel has abudget of $ 45,000. And the hotel is required to make a buy or rent decision on the basis ofthat (Weygandt, Kimmel & Kieso, 2009).According to the study over various articles and books, it has been analyzed that it isalways a good option for the companies to buy the product for the operations and theactivities of the company (Bromwich and Bhimani, 2005). Because through buying themachineries, the ownership come into the hands of the organization and the organizationcould use the machineries whenever it want. Further, it has been depicted by Sadler (2003)that buying decision could be a drawback of the company as it doesn’t allow the comapny tomake the alternations into the machineries whenever required.Further through analyzing the various other articles, it has also been analyzed that therenting option could also be in the favour of the company as it allows the company to replacethe machinery whenever it is wanted by the company. Consequently, it has also been foundthat renting decision could be a drawback of the company as it doesn’t allow the comapny touse the machineries in any manner and the company is required to take extra safety of themachineries (Macintosh and Quattrone, 2010).According to the above evaluation and calculation over the case, it has been evaluatedthat the renting option is way better as the company is required to pay only $ 12,395 if the
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