The Red Wings hotel has two revenue generating departments, which are rooms and F&B outlets....
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Accounting
The Red Wings hotel has two revenue generating departments, which are rooms and F&B outlets. In 2010, rooms department had $120,000 in revenues and F&B department had $80,000 in revenues. In 2011, forecasts demonstrate that total revenue generated from the rooms department is 12.00% higher than the one in 2010. Also, there is a 4.00% increase in F&B revenues over the one in 2010. Based on the information given, what is the projected percentage change in total revenues in 2011 over 2010?
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