Which best describes the concept of flow-through in the hotel industry? a. A measure of the ability
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Which best describes the concept of flow-through in the hotel industry?
a. A measure of the ability of a hotel to convert increased revenue dollars to increased gross operating profit dollars
b. The net number of guests who check into and out of a hotel in one day
c. A measure of the ability of a hotel to convert increased revenue dollars to increased net income dollars
d. The net amount of money deposited and withdrawn from a hotel’s bank account during a specific accounting period
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Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
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