{"id":13189,"date":"2023-04-10T15:55:59","date_gmt":"2023-04-10T15:55:59","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/business-finance-accounting-challenge-phase-simulation-assignment\/"},"modified":"2023-04-10T15:55:59","modified_gmt":"2023-04-10T15:55:59","slug":"business-finance-accounting-challenge-phase-simulation-assignment","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/business-finance-accounting-challenge-phase-simulation-assignment\/","title":{"rendered":"Business  Finance &#8211; Accounting Challenge Phase Simulation Assignment"},"content":{"rendered":"<p>&nbsp;&nbsp;<\/p>\n<p>Complete the Challenge Phase Simulation Assignment&nbsp;<\/p>\n<p>I wanted to give you a few additional tips when starting the Challenge Phase Assignment.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>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 &nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;&nbsp; Complete the Challenge Phase Simulation Assignment&nbsp; 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 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[183],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/13189"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=13189"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/13189\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=13189"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=13189"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=13189"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=13189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}