1.Which of the following are useful criteria by which to evaluate operating ratios?

A)planned ratio goals

B)industry averages

C)corresponding historical ratios

D)all of the above

2.Given the following data, forecast annual rooms revenue:

Total rooms

75,500

Rooms available for sale

75,000

Occupancy percentage

75%

Reservations

55,000

Average daily rate

$90

A)$3,712,500B) $5,062,500

C)$5,096,250

D)cannot be determined from data

3.Which of the following data would be most helpful for forecasting demand?

A)equivalent occupancy percentages

B)market share projections

C)room rate variances

D)day-of-week patterns