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b. Which type of room sale 4. Terry Ray manages a large hotel in an urban Midwestern city. He wants to use vertical analysis

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b. Which type of room sale 4. Terry Ray manages a large hotel in an urban Midwestern city. He wants to use vertical analysis and a slightly modified version of the USALI income statement (P&L) for his property to assess its financial performance last year. Complete the spreadsheet to help him evaluate his effectiveness as a manager. a. The owner gave Terry a goal of 65% for total operated department income. Did Terry perform better or worse than this goal? By how much?

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