From Brigid BE -5,000 From Sadie Isn't it 5,00 From Me...
70.2K
Verified Solution
Link Copied!
Question
Accounting
From Brigid BE -5,000 From Sadie Isn't it 5,00 From Me 25,000 B Exercise 2 (Hotel) From Ce Whatst A 200 room hotel has an annual fixed cost of $1,000,000 and a profit goal of 12% return on investment $5,000,000. With an average room rate of $78 and average From M I thunk think - Mu - 44 22 56% Determine the annual number of room sales and revenue required. variable cost of $34, pf = 12%* 5,000,000 = $600,000 (Mu=Pr - VG u = 78.-34 = $44 CM% = 78 Su FC + Pf u S& Sux Pr= 000
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
