. How many Julius Tower hotel room nights should be budgeted to be booked in

2016? (Remember that 2016 is a leap year and, therefore, has an extra calendar

day or 366 days.)

2. What would be the budgeted net revenue from the Julius Tower hotel rooms in

2016?

3. What would be the budgeted variable costs for the Julius Tower hotel in 2016?

4. Prepare a budget for 2016 for the Julius Tower using the assumptions provided

above and the numbers you have calculated. Does it appear that the Julius Tower

will be generating a healthy amount of income for Caesars Palace Las Vegas?