FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mary Hayes, who works as a revenue manager in Coquitlam Inn, needs to find out the average ADR for Monday and Tuesday. 100 rooms were

Mary Hayes, who works as a revenue manager in Coquitlam Inn, needs to find out the average ADR for Monday and Tuesday. 100 rooms were sold on Monday at an ADR of $150.00 and rooms were sold on Tuesday at an ADR of $200.00. What was the average ADR? a. $180.00 b. $175.00 c. $200.00 d. $150.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus Early Transcendentals

Calculus Early Transcendentals

Authors: James Stewart

7th edition

538497904, 978-0538497909

More Books

Students also viewed these Mathematics questions

Question

★★★★★
Point D (not shown) lies below line C in the rectangular coordinate system above. Quantity A is greater. Quantity B is greater. The two quantities are equal. The relationship cannot be determined...

Answered: 1 week ago

Question

★★★★★
An Entity entered into a non-cancellable four-year operating lease to hire a photocopier on 1 January 2019. It pays 5,000 per year in arrears to the lessor. A similar photocopier would normally be...

Answered: 1 week ago

Question

★★★★★
Body image disorders and the desire to be thin affect many women and men. Using the lecture and textbook materials to support your answer: a) Name and describe four of these disorders. b) Discuss;...

Answered: 1 week ago

Question

★★★★★
Hansel Electronics has the following: If Hansel has 7,000 units on hand at December 31, the cost of ending inventory under the average-cost method is: (a) $84,000. (b) $70,000. (c) $56,000. (d)...

Answered: 1 week ago

Question

★★★★★
A normal population has a mean of 80.0 and a standard deviation of 14.0. a. Compute the probability of a value between 75.0 and 90.0. b. Compute the probability of a value of 75.0 or less. c. Compute...

Answered: 1 week ago

Question

★★★★★
Determine the principal stresses and their associated directions, when the stress matrix at a point is given by 11 1 [6]=112 MPa. [121]

Answered: 1 week ago

Question

★★★★★
2. Speak nicely, be courteous, and respect other people, their feelings, and their things. Follow the Bill of Rights.

Answered: 1 week ago

Question

★★★★★
Relating market value to book value of shareholders' equity Firms prepare their balance sheets using authoritative guidance for the recognition and measurement of assets and liabilities. Accountants...

Answered: 1 week ago

Question

★★★★★
Prepare the operating activities section of the statement of cash flows using the direct method. Note: Amounts to be deducted should be indicated with a minus sign

Answered: 1 week ago

Question

★★★★★
1. Leonardo, who is married but files separately, earns $80,000 of taxable income. He also has $15,000 in city of Tulsa bonds. His wife, Theresa, earns $50,000 of taxable income. a. If Leonardo and...

Answered: 1 week ago

Question

★★★★★
A newly formed task force to determine how many nurses are needed on each shift meets each week. The task force performance depends on the sum of individual performance, known as [ Select ] ....

Answered: 1 week ago

Question

★★★★★
Consider a game in which two students simultaneously choose effort levels span style="font-family: CambriaMath;font-size:8pt;color:rgb(0,0,0);font-style:normal;font-variant:normal;">, span...

Answered: 1 week ago

Question

★★★★★
You own a fast food business that only serves burgers, fries, and soft drinks. Part 1: Create a process flow chart for the order process from the time the customer approaches the counter to the time...

Answered: 1 week ago

Question

★★★★★
A politician develops legislation to increase economic equity. Their opponent refutes the legislation, saying, "He is a billionaire, so how can his policy be legitimate?" What kind of misdirection...

Answered: 1 week ago

Question

★★★★★
Please read the article in the link below and answer the questions. https://kdvr.com/news/macys-typo-leads-to-1500-necklace-being-sold-for-47/ Macy's typo leads to $1,500 necklace being sold for $47...

Answered: 1 week ago

Question

★★★★★
Which PowerShell cmdlet allows you to statically set an IP Addresses on a Network Adapter currently using DHCP ?

Answered: 1 week ago

Question

★★★★★
You deposit $10,000 in a savings account that earns 7.5% simple interest per year. What is the minimum number of years you must wait to double your balance? Suppose instead that you deposit the...

Answered: 1 week ago

Question

★★★★★
59. Let X the time between two successive arrivals at the drive-up window of a local bank. If X has an exponential distribution with 1 (which is identical to a standard gamma distribution with ...

Answered: 1 week ago

Question

★★★★★
58. There is no nice formula for the standard normal cdf (z), but several good approximations have been published in articles. The following is from Approximations for Hand Calculators Using Small...

Answered: 1 week ago

Question

★★★★★
60. Let X denote the distance (m) that an animal moves from its birth site to the first territorial vacancy it encounters. Suppose that for banner-tailed kangaroo rats, X has an exponential...

Answered: 1 week ago

Previous Question Next Question