Use the table provided below showing rooms available, rooms sold and rooms revenue for 7 properties (subject hotel + comp set) for one month to compute market share in revenue for thesubject hotel.Rooms Available (Supply)Rooms Sold (Demand)ITIRevenueThe subject hotel10'0007'000700'000Hotel A9'0003'000400'000Hotel B9'0008'000700'000Hotel C10'0007'000700'000Hotel D7'0005'000500'000Hotel E11'0008'000700'000Hotel F8'0004'000400'000Select one:a. 25.12%b. 48.50%c. None of the above /d. 18.47% Use the table provided below showing rooms available, rooms sold and rooms revenue for 7 properties (subject hotel + comp set) for one month to compute actual market share for thesubject hotel.Rooms Available (Supply)Rooms Sold (Demand)RevenueITTIThe subject hotel10'0007'000700'000Hotel A9'0003'000400'000Hotel B9'0008'000700'000Hotel C10'0007'000700'000Hotel D7'0005'000500'000Hotel E11'0008'000700'000Hotel F8'0004'000400'000Select one:a. 25.13%b. 20.11%с. 16.67%d. 19.56%

Calculation of market share is done by dividing the relevant particular of subject hotel with the…

Answered: Use the table provided below showing…

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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The unallocated income statement of De Souza Motel is shown below: Rooms F&B Total Revenue 257,000 133,000 390,000 Cost of Sales 48,000 48,000 Payroll and Related Expenses 60,000 30,000 90,000 Other Direct Expenses 40,000 12,000 52,000 Total Expenses 100,000 90,000 190,000 Departmental Income 157,000 43,000 200,000 Administrative &General 60,000 Sales&Marketing 25,000 POM&Utility costs 20,000 GOP 95,000 Insurance 10,000 Depreciation 12,000 Total Fixed Charges 22,000 Income Before Income Taxes 73,000 Income Taxes 30,000 Net Income 47,000 Square Footage: Rooms- 120,000; F&B- 70,000 Required: 1.Which costs are indirect costs? Explain why! 2.Using square footage and the unallocated income statement , prepare a fully allocated income statement.…
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