1. What is the GOPPAR of Hotel X for the year 2021? 2. What is the flow-through...
Question:
1. What is the GOPPAR of Hotel X for the year 2021?
2. What is the flow-through for Hotel X for the period of 2020-2021?
Revenue December 2020 | December 2021
Rooms Occupied 6,560.00 | 8,560.00
Rooms Revenue $1,068,607.21 | $1,268,607.21
Food & Berverage $518,303.24 | $618,303.24
Other Operated Departments $48,654.76 | $53,654.76
Rentals and Other Income $7,546.76 | $7,546.76
Total Revenue $1,649,672.00 | $1,956,671.97
Expenses December 2020 | December 2021
Rooms $287,646.54 | $327,646.54
Food & Beverage $129,564.90 | $129,564.90
Other Operated Departments $56,730.54 | $56,730.54
Administrative and General $256,321.21 | $256,321.21
Sales and Marketing $156,310.12 | $156,310.12
Property Operation and Maintenance $80,654.55 | $80,654.55
Utilities $135,654.56 | $135,654.56
Management Fees $87,076.86 | $87,076.86
Rent, Property Taxes, and Insurance $5,761.21 | $5,761.21
Interest Expense $1,982.34 | $1,982.34
Depreciation and Amortization $80,462.87 | $80,462.87
Loss or (Gain) on the Disposition of Assets $0.00 | $0.00
Total Expenses $1,278,166.00 | $1,318,166.00
Income Before Income Taxes $371,506.00 | $638,505.97
Income Taxes December 2020 | December 2021
Current $39,000.00 | $45,000.00
Deferred $0.00 | $0.00
Total Income Taxes $39,000.00 | $45,000.00
Net Income $332,506.00m | $593,505.97
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu