Question: the cost od preparing each room is $17 per occupied room: The 100 room hotel has three types of rooms with the rates and sales
the cost od preparing each room is $17 per occupied room:
The 100 room hotel has three types of rooms with the rates and sales shown below. Determine the annual occupancy % required to generate an annual after tax profit of $120,000. The fixed costs average $21,000 per month. The tax rate is 25%. ADR Unit Sales % Singles $45 50% Double 55 30% Triples 65 20%
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