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Assume a rooms operation had 45 each, 220-square-foot rooms, and 25 each, 160-square-foot rooms. The average occupancy for both types of rooms is 70 percent.
Assume a rooms operation had 45 each, 220-square-foot rooms, and 25 each, 160-square-foot rooms. The average occupancy for both types of rooms is 70 percent. An average of $2,390 of sales revenue is required per day. Determine the rate to charge for each square foot.
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