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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
- 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:
- 4,000,000
- 4,125,000
- 4,625,000
- 5,000,000
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
