SKI

SROM 2560 Ski Area Budgeting and Business Management

The material covered in Ski Area Budgeting and Business Management will introduce students to the analysis of financial data for a standard Income Statement and Balance Sheet. Financial ratios that are normally used to predict the business health of a ski resort will be covered. Using CVP numerical analysis, students will learn the impact of future proposed financial changes on the fiscal health of a ski resort’s finances. Problem solving will help students to understand these financial concepts. Creation of budget templates on EXCEL spreadsheets for “wages and salaries”, and “departmental contribution margin” will round out the course content.