1. What is the GOPPAR of Hotel X for the year of 2021?2. What is the flow-through for Hotel X for the period of 2020-2021? 30 Room HotelRevenueRooms OccupiedRooms RevenueFood & BerverageOther Operated DepartmentsRentals and Other IncomeTotal RevenueExpensesRoomsFood & BeverageOther Operated DepartmentsAdministrative and GeneralSales and MarketingProperty Operation and MaintenanceUtilitiesManagement FeesRent, Property Taxes, and InsuranceInterest ExpenseDepreciation and AmortizationLoss or (Gain) on the Disposition of AssetsTotal ExpensesIncome Before Income TaxesIncome TaxesCurrentDeferredTotal Income TaxesNet IncomeDecember20216,560.00$1,068,607.21$518,303.24$48,654.76$7,546.76$1,649,672.00$287,646.54$129,564.90$56,730.54$256,321.21$156,310.12$80,654.55$135,654.56$87,076.86$5,761.21$1,982.34$80,462.87$0.00$1,278,166.00$371,506.00$39,000.00$0.00$39,000.00$332,506.00December20208,560.00$1,268,607.21$618,303.24$53,654.76$7,546.76$1,956,671.97$327,646.54$129,564.90$56,730.54$256,321.21$156,310.12$80,654.55$135,654.56$87,076.86$5,761.21$1,982.34$80,462.87$0.00$1,318,166.00$638,505.97$45,000.00$0.00$45,000.00$593,505.97

GOPPAR for 2021= Gross Operating Profit / No. of available Rooms =…

Answered: 1. What is the GOPPAR of Hotel X for…

1. What is the GOPPAR of Hotel X for the year of 2021? 2. What is the flow-through for Hotel X for the period of 2020-2021?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

1. What is the GOPPAR of Hotel X for the year of 2021?

2. What is the flow-through for Hotel X for the period of 2020-2021?

30 Room Hotel
Revenue
Rooms Occupied
Rooms Revenue
Food & Berverage
Other Operated Departments
Rentals and Other Income
Total Revenue
Expenses
Rooms
Food & Beverage
Other Operated Departments
Administrative and General
Sales and Marketing
Property Operation and Maintenance
Utilities
Management Fees
Rent, Property Taxes, and Insurance
Interest Expense
Depreciation and Amortization
Loss or (Gain) on the Disposition of Assets
Total Expenses
Income Before Income Taxes
Income Taxes
Current
Deferred
Total Income Taxes
Net Income
December
2021
6,560.00
$1,068,607.21
$518,303.24
$48,654.76
$7,546.76
$1,649,672.00
$287,646.54
$129,564.90
$56,730.54
$256,321.21
$156,310.12
$80,654.55
$135,654.56
$87,076.86
$5,761.21
$1,982.34
$80,462.87
$0.00
$1,278,166.00
$371,506.00
$39,000.00
$0.00
$39,000.00
$332,506.00
December
2020
8,560.00
$1,268,607.21
$618,303.24
$53,654.76
$7,546.76
$1,956,671.97
$327,646.54
$129,564.90
$56,730.54
$256,321.21
$156,310.12
$80,654.55
$135,654.56
$87,076.86
$5,761.21
$1,982.34
$80,462.87
$0.00
$1,318,166.00
$638,505.97
$45,000.00
$0.00
$45,000.00
$593,505.97

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