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The following are selected items from Pine Hotel's June operati 326,000 Room Rental Revenue Number of Rooms 87 Total Number of Rooms Sold 2,070 Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places.

The following are selected items from Pine Hotel's June operati 326,000 Room Rental Revenue Number of Rooms 87 Total Number of Rooms Sold 2,070 Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Ee 130.

The following are selected items from Pine Hotel's June operations. Room Rental Revenue 326,000 Number of Rooms 87 Total Number of Rooms Sold 2,070 Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. a) Calculate the occupancy rate for June. Occupancy Rate: _% b) Calculate the ADR for June Average Daily Rate: $_
Transcribed Image Text:The following are selected items from Pine Hotel's June operations. Room Rental Revenue 326,000 Number of Rooms 87 Total Number of Rooms Sold 2,070 Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. a) Calculate the occupancy rate for June. Occupancy Rate: _% b) Calculate the ADR for June Average Daily Rate: $_
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