Question: Using the information below, the multiple occupancy percentage is equal to: Available rooms 220,000 Rooms occupied by guests 146,000 Number of guests 180,000 Rooms occupied

Using the information below, the multiple occupancy percentage is equal to:

Available rooms 220,000 Rooms occupied by guests 146,000 Number of guests 180,000 Rooms occupied by 2 or more guests 25,400 a 11.5%

b 14.1%

c 17.4%

d none of the above

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Management Accounting Questions!

Q:

Complete Review Questions 1-10 at the end of "HospitalityIndustry Managerial Accounting," Ch. 5. 5Ratio AnalysisChapter 5 Outline Ratio Standards Purposes of Ratio Analysis What Ratios Express...

Q:

I am having a difficult time and I have another one and I am almost done with the class in 2 week Chapter 9: Discussion Questions (Pg 404-405) 2. What are some of the purposes of budgeting? 4....

Q:

I am having a difficult time and I have another one and I am almost done with the class in 2 week Chapter 9: Discussion Questions (Pg 404-405) 2. What are some of the purposes of budgeting? 4....

Q:

I am having a difficult time and I have another one and I am almost done with the class in 2 week Chapter 9: Discussion Questions (Pg 404-405) 2. What are some of the purposes of budgeting? 4....

Q:

I am having a difficult time and I have another one and I am almost done with the class in 2 week Chapter 9: Discussion Questions (Pg 404-405) 2. What are some of the purposes of budgeting? 4....

Q:

pid ... ... DOMUS who GIGA WA IP- CASE STUDY I ... IN: Regression-Based Site Selection at La Quinta Hotels The old adage that says the three most important aspects of real estate are "location,...

Q:

1. Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method. 2. What do you estimate the company?s WACC? Please...

Q:

From the file Chapter 4 HW: I need answers to 4.9 and 4.15 From the file Chapter 5 HW: I need answers to 5.7 and 5.11 PLEASE THANKS SO MUCH IN ADVANCE! Prepaid insurance Common stock 4,000(2) 275,000...

Q:

I need help in this homework but I am almost complete but I want to check and correct where I couldn't get the solution. Chapter Six - Part Two - Discussion Questions (Pg. 288) 6.11 Why is loss of...

Q:

I need help in this homework but I am almost complete but I want to check and correct where I couldn't get the solution. Chapter Six - Part Two - Discussion Questions (Pg. 288) 6.11 Why is loss of...

Q:

A supply chain has the following information: a. Compute the total supply chain throughput time for all the entities from beginning to end. b. Compute the cash-to-cash cycle time for each of the four...

Q:

Prepare all the journal entries from March 31. (Please show as in double-accounting journal so the debit and the credit and each entry should balance). For several years, Arthur King dreamed of...

Q:

9. One way to avoid the problems associated with unitized fixed costs is to: a. Not allocate fixed costs. b. Use a lump-sum method of allocating fixed costs. c. Combine fixed and variable costs in a...

Q:

What are the factors that dictate the minimum and maximum water velocity in a plumbing system?

Q:

On the firs day of the fiscal year, a company issues $100,000, 8%, six-year installment notes that have annual payments of $21,632. The first note payment consists of $8,000 of interest and $13,632...

Q:

Assume the same data as in Appendix 1 Exercise 12-19, except that the current interest rate is 13%. Will the present value of your winnings using an interest rate of 13% be one half the present value...

Q:

Baliga Co. produces and sells high-quality audio equipment. To finance its operations, Baliga Co. issued $18,000,000 of five-year, 8% bonds with interest payable semiannually at a market (effective)...

Q:

Insurance on a company's buildings would most likely be classified as a OA. Product-level OB. Unit-level OC. Batch-level OD. Facility-level cost? 13

Q:

Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Assets Cash Accounts receivable Plant and equipment, net Inventory Investment in Buisson, S.A. Land...

Q:

For the following PAIRED OBSERVATIONS, calculate the 95% confidence interval for the population mean mu d: A = (20.97, 18.63, 22.69, 17.94), B (9.76, 9.07, 9.22, 7.77) Your answer: 07.54 mud 14.66...