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As part of their application for a loan to Lakeside Farm, a property they hope to develop as a bed - and - breakfast operation,
As part of their application for a loan to Lakeside Farm, a property they hope to develop as a bedandbreakfast operation, the prospective owners have projected:
Monthly Fixed cost loan payment, taxes, insurance, maintenance $
Variable cost per occupied room per night
$
Revenue per occupied room per night
$
Assume days per month
At an occupancy rate, what would the monthly profit be
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