If a hospitality operations sales are too low, total revenue a. May be insufficient to cover fixed

Question:

If a hospitality operation’s sales are too low, total revenue

a. May be insufficient to cover fixed and variable costs.

b. Will cover fixed, but not variable costs. 

c. Will cover variable, but not fixed costs.

d. May create profits, but may still not cover fixed costs.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: