Personal protective equipment, including masks, will be available to guests. Disinfectant is used to clean the property commonly-touched surfaces are cleaned with disinfectant between stays bed sheets and towels are laundered at a temperature of at least 60☌/140☏. This property advises that enhanced cleaning and guest safety measures are currently in place. Cash is not accepted. For guests' safety, the property includes a fire extinguisher and a smoke detector in each accommodation. This property accepts Visa, Mastercard, American Express, Discover, Diners Club, JCB International, and Carte Blanche. The provision of housing is linked to their trade, business, or profession. This property is managed by a professional host. Special requests can't be guaranteed and may incur additional charges. Special requests are subject to availability at the time of check-in. Safety features at this property include a fire extinguisher and a smoke detectorīe prepared: check the latest COVID-19 travel requirements and measures in place for this destination before you travel.Ĭharges for extra guests may apply and vary according to property policy.Ī cash deposit, credit card, or debit card for incidental charges and government-issued photo identification may be required upon check-in. Special requests are subject to availability upon check-in and may incur additional charges special requests cannot be guaranteed Government-issued photo identification and a credit card, debit card, or cash deposit may be required at check-in for incidental charges Housekeeping is provided daily.Įxtra-person charges may apply and vary depending on property policy Business-friendly amenities include desks and phones local and long-distance calls are complimentary (restrictions may apply). Guests can surf the web using the complimentary wireless Internet access. Bathrooms include shower/tub combinations and complimentary toiletries. Refrigerators and microwaves are provided. 32-inch flat-screen televisions come with premium cable channels. Rooms open to furnished balconies or patios. Compare the two resorts' net income after you have revised Nootka Resort's figures.Nootka Lodge offers 33 air-conditioned accommodations, which are accessible via exterior corridors and feature hair dryers and irons/ironing boards. To compare the two resorts, convert Nootka Resort's net income to the accounting methods and the estimated useful lives used by Critter Cove Resort.Ģ. Critter Cove Resort's receivables are already reported at net realizable value.ġ. Prior to the current year, uncollectibles were insignificant. The Nootka Resort owner estimates that $1,075 of the company's receivables are doubtful. Critter Cove Resort uses the allowance method. The furniture and fixtures, now two years old, are being amortized over seven years with an estimated residual value of $45,450.Īccounts Receivable Nootka Resort uses the direct write-off method for uncollectibles. Nootka Resort's buildings and furniture and fixtures are three years old.Ĭritter Cove Resort uses the double-declining-balance method and amortizes buildings over 35 years with an estimated residual value of $245,000. Estimated residual values are $216,000 for buildings and $0 for furniture and fixtures. Property, Plant, and Equipment Nootka Resort uses the straight-line amortization method and an estimated useful life of 35 years for buildings and 7 years for furniture and fixtures. Three years ago there was little difference between weighted-average and FIFO amounts for Nootka, and between weighted-average and FIFO amounts for Critter Cove. If Critter Cove Resort had used FIFO, its reported inventory would have been $3,200 higher. If Nootka Resort had used weighted average, its reported inventory would have been $3,750 lower. Inventories Nootka Resort uses the FIFO inventory method, and Critter Cove Resort uses the weighted-average method. Income statements for the last three years report total net income of $284,100 for Nootka Resort and $151,400 for Critter Cove Resort.
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