What is the percentage change in room revenue when comparing Actual Room Revenue to LastYear's Room Revenue? (Round to three decimal places.)O 5.467%O 5.998%6.923%7483% Room RevenueRoom ProfitRooms SoldActual$695,000Average Room Rate $67.50$500,000Catering Revenue10,300Occupancy Percent 83.1%Budget Last Year$680,000$240,000$486,000$68.0010,000Restaurant Revenue $126,000 $125,00080.1%$250,000$650,000$460,000Gift Shop Revenue $23,000 $22,000$65.66Beverage Revenue $48,000 $50,000 $47,0009,90079.8%$124.000$245,000Total F&B Revenue $414,000 $425,000 $416,000$21,000Total Revenues $1,132,000 $1,127,000 $1,087,000

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Description: What is the percentage change in room revenue when comparing Actual Room Revenue to LastYear's Room Revenue? (Round to three decimal places.)O 5.467%O 5.998%6.923%7483% Room RevenueRoom ProfitRooms SoldActual$695,000Average Room Rate $67.50$500,000C

Revenue is the amount earned by the entity. It is earned by selling goods or providing services. It…

Business

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Room Revenue Room Profit Rooms Sold Actual $695,000 Beverage Revenue $500,000 Catering Revenue Average Room Rate $67.50 $68.00 Occupancy Percent 83.1% 10,300 Restaurant Revenue $126,000 $48,000 Budget Last Year $240,000 $680,000 $486,000 10,000 80.1% $125,000 $650,000 $460,000 $65.66 9,900 79.8% $124,000 $50,000 $47,000 $250,000 $245,000 Total F&B Revenue $414,000 $425,000 $416,000 Gift Shop Revenue $23,000 $22,000 $21,000 Total Revenues $1,132,000 $1,127,000 $1,087,000

Room Revenue Room Profit Rooms Sold Actual $695,000 Beverage Revenue $500,000 Catering Revenue Average Room Rate $67.50 $68.00 Occupancy Percent 83.1% 10,300 Restaurant Revenue $126,000 $48,000 Budget Last Year $240,000 $680,000 $486,000 10,000 80.1% $125,000 $650,000 $460,000 $65.66 9,900 79.8% $124,000 $50,000 $47,000 $250,000 $245,000 Total F&B Revenue $414,000 $425,000 $416,000 Gift Shop Revenue $23,000 $22,000 $21,000 Total Revenues $1,132,000 $1,127,000 $1,087,000

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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