The following are selected items from Oak Hotel's most recent financial 2020 2019 Food & Beverage Revenue $1,231,000 $1,150,000 Room Rental Revenue $3,180,000 $2,921,000 Number of Rooms 93 Occupancy Rate 76% a) Determine the food and beverage sales to room rental revenue percentage for 2019 and 2020. Do not enter dollar signs or commas in the input boxes. Round the percent of food and beverage revenue to room rental revenue to 1 decimal place. 93 82% Percent of Food & Beverage Revenue to Room Rental Revenue 38.70 Sales Revenue per Available Room $ Check 2020 2020 b) The hotel is open 365 days a year. Determine the sales revenue per available room for 2019 and 2020. Do not enter dollar signs or commas in the input boxes. Round the sales revenue per available room to 2 decimal places. 2019 % 39.40 2019 %

The following are selected items from Oak Hotel's most recent financial 2020 2019 Food & Beverage Revenue $1,231,000 $1,150,000 Room Rental Revenue $3,180,000 $2,921,000 Number of Rooms 93 Occupancy Rate 76% a) Determine the food and beverage sales to room rental revenue percentage for 2019 and 2020. Do not enter dollar signs or commas in the input boxes. Round the percent of food and beverage revenue to room rental revenue to 1 decimal place. 93 82% Percent of Food & Beverage Revenue to Room Rental Revenue 38.70 Sales Revenue per Available Room $ Check 2020 2020 b) The hotel is open 365 days a year. Determine the sales revenue per available room for 2019 and 2020. Do not enter dollar signs or commas in the input boxes. Round the sales revenue per available room to 2 decimal places. 2019 % 39.40 2019 %

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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