Question
9. A hotel with 150 rooms has sold as follows: on Monday 130 rooms were sold, and the Revenue was $8.702; on Saturday 100 rooms
9. A hotel with 150 rooms has sold as follows: on Monday 130 rooms were sold, and the Revenue was $8.702; on Saturday 100 rooms were sold and the Average Daily Rate (ADR) was $87.09. On what day the revenue per available room was higher?
a. On Saturday
b. On Monday
c. Its the same on both days
d. It cannot be determined from the given data
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Fundamentals of Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
5th edition
978-0077924379, 77924371, 978-0078025396, 78025397, 978-0077425654, 77425650, 978-0077667061
