Question
Owner of ALAS Bar is renewing a rental contract agreement with one of the local integrated resort. The resort offered two options for the new
Owner of ALAS Bar is renewing a rental contract agreement with one of the local integrated resort. The resort offered two options for the new contract. Option 1 - fixed rental of MOP$135,000 every month. Option 2 a minimum monthly rental fee of MOP$75,000 plus 10% of the total revenue. Please advise which option should be used based on below budgeted numbers.
| Month | Budgeted Guest Count | Budgeted Average Check |
| Jan | 4,122 | $121 |
| Feb | 3,825 | $132 |
| Mar | 4,059 | $110 |
| Apr | 4,250 | $118 |
| May | 4,598 | $115 |
| Jun | 4,456 | $105 |
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Contemporary Islamic Finance
Authors: Karen Hunt-Ahmed
1st Edition
1118180909, 978-1118180907
