please write the answer in the same way as the questions.

10.Using the following information taken from the first week in November operating and financial reports of Hudson's steakhouse, what is the operation's weighted contribution margin for the six types of steaks it sells? A. $11.70 B. $11.20 C. $12.20 D. $12.70 11. Which is the final step in the computation of the Hubbart room rate formula? A. Calculate the hotel's required ADR B. Calculate the hotel's target before-tax net income C. Calculate the hotel's estimated non-operating expenses. D. Calculate the hotel's estimated operating expenses. 24. Which type of ratio assesses how readily current assets could be converted to cash? E. Liquidity ratio F. Solvency ratio G. Activity ratio H. Profitability ratio 25. Financial ratios do NOT measure, or assess, a company's A. inteliectual capital assets. B. current assets, C. capital investments. D. return on equity. 26.Assume that in a specific month your hotel anticipates 9,500 guests. Also, assume that your hotel pays $6,000 per month to lease its telephone system. In addition, assume that from historical recoeds the average guest staying in your hotel makes one local call and one long-distance telephone call. The cost, to your hotel of each call averages $0.50 in aceess fees or a total of $1.00 per guest ( 2 calls $0.50 per call =$1.00). Using the mixed cost formula, your botel's telephone bill for the month could be: A. $15,500 B. $15,500 C. $16,500 D. $16,500 27. Assume that you are the General Manager of a dining restaurant in Midtown, FL. You need to develop a - Labor Budget" for your servers during dinner shift for next week. From past history, you know that each server can handle, on average, 30 covers per hour. You pay your tipped servers, on average, $7.00 per hour. Base on this information, calculate total labor dollars budgeted for servers, total number of server hours noeded, and total weekly budget need it for the work week based on forecasted covers information: 18. Which is the primary concern of financial accounting? A. Recording financial transactions B. Identification of tax payments C. Control of costs D. Financial management decision making 19. The USALI is a series of standardized accounting procedures used by A. hotel managers. B. club managers. C. bar managers. D. restaurant managers. 20. The USAR is a series of standardized accounting procedures used by A. restaurant managers. B. club managers. C. full-service hotel managers. D. select-service hotel managers. 21. Which GAAP states that recorded financial transactions must have a confirmable (provable) basis in fact? A. Conservatism Principle B. Objectivity Principle C. Matching Principle D. Consistency Principle 22. Which GAAP would be most relevant if a hotel, in the near future, expected to face the payment of a significant amount of money resulting from a lawsuit that it was very likely to lose? A. Full Disclosure Principle B. Conservatism Principle C. Consistency Principle D. Objectivity Principle 23. Which is the foundation of an accurate hotel sales forecast? A. Sales history B. Budget C. Number of rooms currently "on the books" D. Current guest arrival list 12. A hotel has 400 rooms. Last night 5 rooms were out of order. Last night the hotel sold 300 rooms at an ADR of $215.00. What was the hotel's RevPAR last night? A. $161.29 B. $163.25 C. $163.29 D. $161.25 13. A corporation purchases a piece of property that will be depreciated using the straight-line method of depreciation. The asset is purchased for $60,000 and it has a salvage value of $10,000. What will be the amount of annual depreciation allowed for this piece of property if its estimated useful life is four years? E. $12,500 F. $13,000 G. $14,500 H. $15,000 14.An individual purchases an interest in a restaurant for $500,000. Three years later the investor sells his interest for $620,000. What was the percentage amount of this investor's total gain on the investment? A. 24% B. 22% C. 24% D. 22% 15. An investor considers purchasing a 300 room full-service hotel that generates a net operating income (NOI) of $450,000 per year. The investor is willing to purchase the hotel at a cap rate of 8%. At what price per room should the investor offer to buy the hotel? E. $18,750 F. $12,000 G. $16,750 H. $15,000 16. Assets = Liabilities + Owners' Equity, is referred to as the A. basic accounting equation. B. double-entry accounting formula. C. general ledger formula. D. auditor's compliance equation. 17. Which branch of accounting concerns itself with the independent verification of financial records? A. Auditing B. Taxaccounting C. Cost accounting D. Managerial accounting