Question: + ht/uploadAssignment?content_id=167 099 1&user_id =_43668_1 ASSIGNMENT INFORMATION Points Possible 100 The Hubbart room rate formula calls for an average room rate that will cover expenses

+ ht/uploadAssignment?content_id=167 099 1&user_id =_43668_1 ASSIGNMENT INFORMATION Points Possible 100 The Hubbart room rate formula calls for an average room rate that will cover expenses and provide a fair return to the investo Compute that rate from the abbreviated set of data Land $3.000.000 Buliding $25 000 000 Furniture Equipment S6,000,000 Nonappropriated Expenses $1 200.000 Income from all departments except rooms, net of losses 53 200 000 Rooms available for sale 563 Nonoperating Expenses S510 000 Desired ROI Interest on debt of 525 000 000 149 Percentage of occupancy SUBMISSION + ht/uploadAssignment?content_id=167 099 1&user_id =_43668_1 ASSIGNMENT INFORMATION Points Possible 100 The Hubbart room rate formula calls for an average room rate that will cover expenses and provide a fair return to the investo Compute that rate from the abbreviated set of data Land $3.000.000 Buliding $25 000 000 Furniture Equipment S6,000,000 Nonappropriated Expenses $1 200.000 Income from all departments except rooms, net of losses 53 200 000 Rooms available for sale 563 Nonoperating Expenses S510 000 Desired ROI Interest on debt of 525 000 000 149 Percentage of occupancy SUBMISSION

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