Question
* 5. The Pinkerton Hotel has an occupancy rate of 97% during busy season and 62% during the rest of the year. It makes
* 5. The Pinkerton Hotel has an occupancy rate of 97% during busy season and 62% during the rest of the year. It makes $80 (revenue - variable costs) per room per night. Busy season accounts for 30% of the year. After covering it's $4M in annual fixed costs, the total profit for the Pinkerton Hotel was $4,468,000. How many rooms are in the Pinkerton Hotel? 400 200 150 650
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Essentials of Accounting for Governmental and Not for Profit Organizations
Authors: Paul A. Copley
13th edition
125974101X, 978-1259741012
