The following are selected items from Elm Hotel's most recent financial statements. Food & Beverage Revenue...

 

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The following are selected items from Elm Hotel's most recent financial statements. Food & Beverage Revenue Room Rental Revenue Number of Rooms Occupancy Rate 2020 $1,125,000 $3,830,000 100 89.0% 2019 $1,098,000 $3,795,000 Required a) Determine the food and beverage sales to room rental revenue percentage for 2019 and 2020. 100 86.0% b) The hotel is open 365 days a year. Determine the sales revenue per available room for 2019 and 2020. Over a three-day period, Doyle's Restaurant had the following information. Thursday Total Revenue Number of Guests Servers Required a) Determine the average sales per server for each day. $2,200 72 6 b) Determine the average number of guests per server for each day. Friday $3,200 88 7 Saturday $4,500 116 10 The following are selected items from Elm Hotel's most recent financial statements. Food & Beverage Revenue Room Rental Revenue Number of Rooms Occupancy Rate 2020 $1,125,000 $3,830,000 100 89.0% 2019 $1,098,000 $3,795,000 Required a) Determine the food and beverage sales to room rental revenue percentage for 2019 and 2020. 100 86.0% b) The hotel is open 365 days a year. Determine the sales revenue per available room for 2019 and 2020. Over a three-day period, Doyle's Restaurant had the following information. Thursday Total Revenue Number of Guests Servers Required a) Determine the average sales per server for each day. $2,200 72 6 b) Determine the average number of guests per server for each day. Friday $3,200 88 7 Saturday $4,500 116 10

Answer rating: 100% (QA)

a To determine the food and beverage sales to room rental revenue percentage for 2019 and 2020 well use the following formula Food Beverage Sales to R... View the full answer