What is the average ADR for a two day period given the following information? Day 1:...
What is the average ADR for a two day period given the following information?
Day 1: Revenue=$75,000; Rooms sold=200; ADR=$375
Day 2: Revenue=$125,000; Rooms sold=300; ADR=$416
a. $320.00
b. $395.00
c. $416.00
d. $400.00
Homework Answers
· Option B. $395
ADR for day 1 = 375
ADR for day 2 = 416
Average = 375+416/2 = 395
Add Answer to:
What is the average ADR for a two day period given the following
information?
Day 1:...
What is the ADR for a four day period given the following information? Day 1: Revenue=$60,000;...
What is the ADR for a four day period given the following information? Day 1: Revenue=$60,000; Rooms sold=200 Day 2: Revenue=$96,000; Rooms sold=300 Day 3: Revenue =$70,000; Room sold = 250 Day 4: Revenue =$75,000; Rooms sold = 250 a. $301.00 b. $310.00 c. $280.00 d. $320.00
Given the information below, which was acquired from a hotel property with 350 rooms, calculate seven-day...
Given the information below, which was acquired from a hotel
property with 350 rooms, calculate seven-day ADR average.
a. $111
b. $123
c. $115
d. $119
Date Occupancy (%) Revenue 10/12/13 176 23674 10/13/13 58 24157 10/14/13 64 28896 10/15/13 66 29799 10/16/13 70 31605 10/17/13 78 27027 10/18/13 88 30492
Given the information below, which was acquired from a hotel property with 350 rooms, calculate seven-day...
Given the information below, which was acquired from a hotel property with 350 rooms, calculate seven-day ADR average. Date Occupancy (%) Revenue 10/12/13 76 23674 10/13/13 58 24157 10/14/13 64 28896 10/15/13 66 29799 10/16/13 70 31605 10/17/13 78 27027 10/18/13 88 30492 $111 O $123 O $115 O $119
1) Aday Resort and Spa recorded the following information last month: Operating Days 30 Total Rooms...
1) Aday Resort and Spa recorded the following information last month: Operating Days 30 Total Rooms Sold 1,677 Rooms Available 65 per night Occupancy % 86% ADR $45.00 Variable Costs Housekeeping Wages $ 16,450.00 Supplies $ 2,740.00 Utilities $ 3,320.00 Miscellaneous $ 1,420.00 Fixed Costs Mortgage $ 6,000.00 Insurance $ 2,000.00 Depreciation $ 3,000.00 Salary $ 5,400.00 Using the information above, calculate the following: Breakeven Rooms Select one: a. 536 b. 208 c. 499 d. 1950 2) The Vista Room Restaurant has used historical data, and averaged...
What is Residual income for Galaxy Company if operating income for the period is $125,000, average...
What is Residual income for Galaxy Company if operating income for the period is $125,000, average operating assets are $550,000 Select one a. $35,000 O b. $25,000 O c. $26.000 d. $36,000 for the period is $125,000, average operating assets are $550,000 and minimum required rate of return is 18%?
SHOW FORMULAS f. What is the regular payback period for these two projects? Project A Time period...
SHOW FORMULAS f. What is the regular payback period for these two projects? Project A Time period 0 1 2 3 4 5 6 7 Cash flow (375) (300) (200) (100) 600 $600 $926 ($200) Cumulative cash flow Intermediate calculation for payback — Payback using intermediate calculations Project B Time period 0 1 2 3 4 5 6 7 Cash flow Cumulative cash flow Intermediate calculation for payback Payback using intermediate calculations Payback using PERCENTRANK Ok because cash flows follow normal...
1) Given the following cost information for a price-taking firm, what is the profit-maximizing quantity given...
1) Given the following cost information for a price-taking firm, what is the profit-maximizing quantity given a market price of $80. Quantity 0 1 2 3 4 5 6 7 8 Total Cost 100 200 250 280 300 340 400 480 600 Group of answer choices a Q = 0 b Q = 7 c Q = 5 d Q = 3 2) Suppose a price-taking firm has the following costs: Quantity 0 1 2 3 4 5 6...
sisas (19-21). A manager has prepared a forecast of expected aggregate demand for the nest s perods Develop an aggregate plan to meet this demand given these additional information . A level produ...
sisas (19-21). A manager has prepared a forecast of expected aggregate demand for the nest s perods Develop an aggregate plan to meet this demand given these additional information . A level production rate of 300 units per month will be used Period 6 Total Forecast 200 200 300 400 500100 Output Regular time Overtime Sabcontract Inventory Outpet- Forecast leventory Backig 19. What is the anding inventory for period 5? A. 0 B. 100 C. -100 D. 200 E -200...
10.Given the table, what is the value of average fixed cost at the quantity of output...
10.Given the table, what is the value of average fixed cost at
the quantity of output = 120 units?
A) $100 B) $0.83 C) $1.20 D) $1.32 E) None of the above
Answer and Explain
A perfectly competitive firm has two inputs, capital and labour. Capital is fixed in the short run and costs $100 per day. The firm's short run Total Product information as illustrated in the table below. The price of labour is $10 per hour. The market...
Given the following information: Demand: Qd = 200 – 5P Supply: Qs = 5P If a...
Given the following information: Demand: Qd = 200 – 5P Supply: Qs = 5P If a quantity tax of $2 per unit sold is imposed, Calculate: (ii) Seller's price after tax Question 6e Given the following information: Demand: Qd = 200 – 5P Supply: Qs = 5P If a quantity tax of $2 per unit sold is imposed, Calculate: (e) Quantity after tax Question 6f Given the following information: Demand: Qd = 200 – 5P Supply: Qs = 5P If...
Given the information below, which was acquired from a hotel
property with 350 rooms, calculate seven-day ADR average.
a. $111
b. $123
c. $115
d. $119
Date Occupancy (%) Revenue 10/12/13 176 23674 10/13/13 58 24157 10/14/13 64 28896 10/15/13 66 29799 10/16/13 70 31605 10/17/13 78 27027 10/18/13 88 30492
Given the information below, which was acquired from a hotel property with 350 rooms, calculate seven-day ADR average. Date Occupancy (%) Revenue 10/12/13 76 23674 10/13/13 58 24157 10/14/13 64 28896 10/15/13 66 29799 10/16/13 70 31605 10/17/13 78 27027 10/18/13 88 30492 $111 O $123 O $115 O $119
What is Residual income for Galaxy Company if operating income for the period is $125,000, average operating assets are $550,000 Select one a. $35,000 O b. $25,000 O c. $26.000 d. $36,000 for the period is $125,000, average operating assets are $550,000 and minimum required rate of return is 18%?
sisas (19-21). A manager has prepared a forecast of expected aggregate demand for the nest s perods Develop an aggregate plan to meet this demand given these additional information . A level production rate of 300 units per month will be used Period 6 Total Forecast 200 200 300 400 500100 Output Regular time Overtime Sabcontract Inventory Outpet- Forecast leventory Backig 19. What is the anding inventory for period 5? A. 0 B. 100 C. -100 D. 200 E -200...
10.Given the table, what is the value of average fixed cost at
the quantity of output = 120 units?
A) $100 B) $0.83 C) $1.20 D) $1.32 E) None of the above
Answer and Explain
A perfectly competitive firm has two inputs, capital and labour. Capital is fixed in the short run and costs $100 per day. The firm's short run Total Product information as illustrated in the table below. The price of labour is $10 per hour. The market...
Most questions answered within 3 hours.
-
The pH of a sample of water from a river is 5.0. A
sample of effluent from...
asked 7 minutes ago -
At the beginning of the period, the Fabricating Department
budgeted direct labor of $136,500 and equipment...
asked 35 minutes ago -
Please answer all
____ 28. Rent control is usually
justified on the grounds that it protects...
asked 34 minutes ago -
PARTS A-D HAVE BEEN ANSWERED. WAS TOLD TO REPOST. ONLY ANSWER
PARTS E and F.
A...
asked 52 minutes ago -
2) You are given the task of finding a representation for a
circle in a drawing...
asked 2 hours ago -
STUDY QUESTION: Does use of diet drug fen-phen
(fenfluramine-phentermine) cause valvular heart disease?
HINT: Valvular heart...
asked 1 hour ago -
1. An object weighing 40 N rests on a surface. The coefficient
of friction is 0.35....
asked 3 hours ago -
Investor company owns 35% of investee company voting stock and
accounts for the investment under the...
asked 4 hours ago -
The number of major faults on a randomly chosen 1 km stretch of
highway has a...
asked 4 hours ago -
Consider the competitive environment of Starbuck's, Progressive
Insurance, a manufacturing firm with low turnover, or a...
asked 5 hours ago -
3. Gains from trade
Consider two neighbouring island countries called Euphoria and
Contente. They each have...
asked 7 hours ago -
A business executive has the option to invest money in two
plans: Plan A guarantees that...
asked 9 hours ago