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A motel has the following annual information (Net indicates revenue after allowances): Rooms revenue (net) Food revenue (net) Beverage revenue (net) Cost of food sales
A motel has the following annual information (Net indicates revenue after allowances): Rooms revenue (net) Food revenue (net) Beverage revenue (net) Cost of food sales Paid rooms occupied Rooms available (80 daily) Food covers 926,000 295,342 125,222 119,683 16,831 29,200 (80 x 365) 38,129 Compute the following ratios: Average room rate Occupancy percentage Average food check Food cost percentage
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