Answer in all option QUESTION 2 of 20: Which of the following formulas for determining annual revenue is correct?a) [revenue per available room] x [average daily rate] x 365b) [annual occupancy percentage] x [number of rooms] x [days open] x [the daily rate]c) [annual occupancy percentage] x [revenue per available room] x 365 x [the daily rate]Od) All of the above

The following is the accurate method for calculating a hotel or lodging business's yearly revenue:…

Answered: QUESTION 2 of 20: Which of the…

Essentials Of Business Analytics

1st Edition

ISBN:9781285187273

Author:Camm, Jeff.

Publisher:Camm, Jeff.

Chapter4: Linear Regression

Section: Chapter Questions

Problem 21P: Consider again the example introduced in Section 4.5 of a credit card company that has a database of...

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What is average daily balance
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If a credit card you are interested in has an APR of 16%, what would the Daily Periodic Rate (DPR) be? (express your answer as a percent and as a decimal) O.0438% = .000438 O 000438% = .0438 O.16% = .0016 O 1.33% = 1.33
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What can be understood from annual percentage rate (APR)?
https://education.wiley.com/content/Kieso_Intermediate_Accounting_17e/media/simulations/interest_rate_tables.pdf

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