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A 70-room motels average room rate is $125. Its average occupancy is 74%. Fixed costs are $1,056,000 a year and variable costs are $212,704 a
A 70-room motels average room rate is $125. Its average occupancy is 74%. Fixed costs are $1,056,000 a year and variable costs are $212,704 a year. Calculate the motels operating income for the year.
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