1. The three major users of ratios are management, creditors, and owners of the business.

A. True

B. False

2. The maximum rate established for each room in a hotel is its:

A. Integrated rate

B. Yield rate

C. Potential rate

D. Rack rate

3. Daily average room rate is calculated by dividing monthly sales revenue by the number of days in the month, times the number of rooms available.

A. True

B. False

4. Seat turnover in a restaurant is calculated by dividing the number of seats by the number of guests served during a meal period.

A. True

B. False