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 365 b) [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
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 365 b) [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
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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![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 365
b) [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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6e413c27-2d76-41fd-a5b7-a2258cf9c1de%2Fde309bc7-2a57-40aa-b8eb-ab9a158d215a%2Fjtupdcf_processed.png&w=3840&q=75)
Transcribed Image Text: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 365
b) [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
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