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A hotel has average revenue of $200 per room occupancy. Variable costs are $40 per room occupancy and fixed costs are $3,300,000 per year. In

  1. A hotel has average revenue of $200 per room occupancy. Variable costs are $40 per room occupancy and fixed costs are $3,300,000 per year. In order to earn a profit of $700,000, total sales revenue must equal:
  2. 4,000,000
  3. 4,125,000
  4. 4,625,000
  5. 5,000,000

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