Case Study : Wynn Resorts Limited

The reporting party (RP) stated resident Rita Henderson was brought into the hospital due to gangrene of her right heel. According to the RP the resident was treated in Eisenhower Medical Center located at 39000 Bob Hope Dr., Rancho Mirage 92270 (760) 346-7772 in February 2017 and release on 2/26/17 to Brookdale Mirage Inn's Skilled Nursing facility. On 3/15/17 the resident was seen again in the emergency room due to a bruise and pain to her right leg. At the time of her visit the resident displayed no signs of an ulcer. The resident was returned to the assisted living portion of Brookdale Mirage Inn at that time. Subsequently, the resident was brought into the hospital on 3/11/17 with multiple severe pressure ulcers resulting in gangrene. The RP disclosed the resident's right heel was gangrenous and her left heel sustained a pressure sore. In addition the resident sustained a hematoma to her upper right arm and a laceration to her upper left leg. The RP stated the gangrene was discovered during physical therapy by the physical therapist.

The horizontal analysis compares most current ratio to the past performances (ratios) and future ratios (estimated). A horizontal analysis can also aid in determining if the financial health of the company is strong or weak. Illustration 2 shows two years horizontal analyses for Coca-Cola and PepsiCo, Inc. in the area of company performances.

Among these five companies, Vail Resorts gained the highest revenue, $1,254.65 million, last year with their exceptional Product (Service) Differentiation Strategy and Multi Related-industries Strategy. Unlike other four businesses, Vail Resorts always pay more attention to provide unique service for each kind of customers and develop their ancillary businesses. These ensure Vail Resorts to meet varying needs of their customers, and the revenue coming from their ancillary businesses has exceeded half of mountain revenue. Flanigan 's Enterprises Inc. gained the lowest revenue ($89.8 million) among those 5 companies. This might because Flanigan 's Enterprises Inc.’s scale of operation is smaller than other 4 companies.

Fairmont Hot Springs in BC, Canada is a world-class vacation destination summer and winter. Sunchaser Vacation Villas offers a timeshare for sale that will make the perfect vacation home for you and your family. You can choose a one or two-bedroom villa with a full or partial kitchen and one or two bathrooms. Villa amenities include attractive décor, decks with barbecues, two TVs with DVD players, washers and dryers and a wired or wireless Internet connection suitable for browsing and email. Owing your own vacation home in Fairmont Hot Springs allows you to enjoy all the fun and convenience of a private residence without the hassle and worry of cleaning and maintenance.

Wynn Resorts Limited is a publicly traded corporation based in Paradise, Nevada that is a developer and operator of high end hotels and casinos. It was formed on October 25, 2002 by former Mirage Resorts Chairmen and CEO Stephen A. Wynn. The target client base for Wynn Resorts are affluent individuals who seek the highest quality—Wynn and its sister property Encore hold more Forbes Five Star awards than any other casino resort in the world. Recently, Steve Wynn has taken his brand global by building in Macau, China. With the opening of the Wynn and Encore Towers, Steve Wynn has proven that upscale gambling can be accomplished outside of Las Vegas. Steve Wynn’s marketing strategy is to emphasize the quality of service

Accounting helps to measure an organizations activities, process data into reports, and translate the results to decision makers. Financial statements and reports help to present the company to the public in financial terms. The information on these data statements can used to evaluate the company through vertical and horizontal analysis. Vertical analysis is the proportional analysis of a financial statement. Normally, vertical analysis is done with a financial statement over a period of time. When using vertical analysis, a line item on a financial statement is listed as a percentage of another item (Harrison, 2015). A horizontal analysis is the comparison of information or ratios over a series of reporting periods. Horizontal analysis helps investors and analysts to control how a company has grown over time. Analysts and investors could use horizontal analysis to compare a company's growth rates in relation to its competitors and industry.

A vertical and horizontal analysis of each company's balance sheet and income statement in this particular case will be enlightening. A vertical analysis will for instance shed some light on how revenue is being used. In this case, each component of the companies' financial statements will be converted into a percentage of a key component of either the balance sheet or the income statement. A special common size balance sheet and income statement will be utilized to ease comparison. The

The Marriott Corporation, an American firm, was founded in 1927 by J.Willard Marriot.The company began as a small beer stand and soon began to sell food and provided lodging that expanded rapidly. With the help of his wife Alice, the family owned business had 45 restaurants in nine states by 1940 and grew into one of the leading service companies. The Company has three major lines of business: lodging, contract service and restaurants.

MGM Resorts International was incorporated in Delaware on January 29, 1986 as MGM Grand, Incorporated, a subsidiary of Kirk

Marriott International envisions itself to be the world’s lodging leader. Its mission is to provide the best possible lodging services experience to customers who vary in backgrounds, language, tradition, religion and cultures all around the world. Marriot is committed to environmental preservation through using environment-friendly technology and engages in social responsibility and community engagement.  We value our shareholder’s so we will only take steps that will ensure our growth. Most importantly, through our “spirit to serve”, we emphasize the importance of Marriott’s people and recognize the value they bring to the organization’s growth and success. It aims to increase revenues by 9% every year, to increase

Financial Analysis is very important to the inner workings of a business. Keep track of financial statements, taxes, audits, and various other areas of financials will show how well a company has done, is doing, and how well it will do in the future. Seeing how well a company is doing into the future is important so they can see any mistakes and try to fix them before they become an issue and hinder the growth of the company. In this essay I will compare financial statements in two companies, PepsiCo. and Coca Cola Company. I will describe what vertical and horizontal analysis is then I will go over the vertical analysis of both companies, comparing one to the other. I will

Global Hotels and Resorts industry is experiencing strong growth. This growth has been driven by a steady rise in international tourism and rise in global travel rates. Wynn Resorts develops and operates high end hotels and casino resorts. The business mainly operates in the United States, Europe and Asia. There is a need to open other branches in different locations to cater for many underserved customers. The new Wynn Resort will operate offer a very attractive niche of the hotel and gaming industry. The business will be marketed as offering hotel and casino services, with exquisite amenities, luxury accommodations and unmatched art collections. The target market for this business is high net worth clients.

Cendant Corporation, one of the world’s largest hotel and real estate franchises was known as the largest accounting fraud before Enron. Cendant Corporation was created in 1997 when Hospitality Franchise Systems (HFS), Inc. merged with Comp-U-Card international (CUC). Chairman Walter Forbes and Vice-chairman Kirk Shelton were the perpetrators to a decade long accounting and securities fraud. The day after Cendant exposed evidence of accounting irregularities the corporations stock and convertible bonds lost nearly $14 Billion (Morgenson, 2004). This paper will address the issues that went wrong with Cendant and how the crimes fit into to Friedrichs’ typologies.

In the year 2000, The Ritz-Carlton Hotel Company paired with luxury real estate developer Millennium Partners to build a $225 million hospitality complex in the heart of Washington DC. This 300-room hotel was set to be the first out of a six-hotel deal between these two companies. The structure of the deal was that Millennium Partners would be the owners of the properties and The Ritz-Carlton would manage them.

Desert Hotel accepted the contract proposed for invoice of 1000 units of kits for $700 per kit plus freight for payment at 60 days of maturity with LC and international sales contract. The shipment from your manufacturing facility in Indiana will transport kits to NY in a week and from NY, the ship will embark on its journey to Cancun and deliver in 4 weeks.