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1. State how revenue per available room is calculated. 2. Discuss the term financial leverage, or trading on the equity. 3. List four possible operating

1. State how revenue per available room is calculated.

2. Discuss the term financial leverage, or trading on the equity.

3. List four possible operating ratios that could be used in a food operation.

4. List and discuss three operating ratios that could be used in a rooms operation.

5. What is the advantage of calculating the inventory holding period in days?

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