Question
16. The Gold Rubins food cost percent was 34% when food sales were $100,000, and its food inventory turnover was 4 times when the average
16. The Gold Rubins food cost percent was 34% when food sales were $100,000, and its food inventory turnover was 4 times when the average inventory was $9,000. Based on the above, what was the cost of employee meals?
a. -0-
b. $1,000
c. $1,500
d. $2,000
e. greater than $2,000
17. The class of ratios that measures the extent of a foodservice firms total debt is:
a. solvency
b. liquidity
c. activity
d. profitability
e. operating
18. The occupancy percentage of the Waldorf Hotel increased from 68 to 75. The change is seven percentage points which is a (n) change.
a. absolute
b. relative
c. exact
d. insignificant
19. A 100 room motel had an 80% occupancy rate, an average occupancy percentage of 1.4, and a double occupancy percentage of 35. How many paid guests stayed in the hotel for the night?
a. 80
b. 100
c. 112
e. 140
e. none of the above
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