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Calculate the actual and budget profit margin for each hotel department (remember profit margins are percentages). Round to the nearest tenth of a percent ex:

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Calculate the actual and budget profit margin for each hotel department (remember profit margins are percentages). Round to the nearest tenth of a percent ex: 1.1%. Be sure to include the % symbol in your answers Actual Budget ions Tia Room Revenues $1,250,000 $1,200,000 Restaurant 215,000 Revenues 22.000 Beverage Revenues 75,000 80,000 Catering Revenues 480,000 450,000 Total Hotel Revenues $2,020,000 $1.955.000 Profit Margin Proft Margin Room Profit $960,000 $910,000 Restaurant 18,000 Profit 20,000 Beverage Profit 22,000 25,000 Catering Profit 170,000 160,000 Total Hotel $1,170,000 Profit $1,115,000 Question 2 0/5 pts Calculate the retention/flow-through in dollars and percent: Actual retention/flow-through in dollars: 1,170,000 Actual retention/flow-though in percent: 57.9%

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