Required: Advise Andy Wilson regarding the company with whom he should contact. Assume each company would provide the same quality of management service. Show the annual management fee by each company and a total management fee for three years for comparative analysis.

Documenti - Microsoft Word (Product Activation Failed) Review View W 2015 File Home Insert Page Layout References Mailings * Cut Calibri (Body) - 11 A A Aa A Copy Paste Format Painter BI U abe x. x Aaby A. E Clipboard Font Navigation X L X . . . 1 5-15 S 14 AD Paragraph | . bccDi I Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em... Change Find dac Replace Select Editing Styles . . . . . . 2 . . . . . . . . . . . . . . . . . . . . . . . 6 . . . . . 7 Search Document This document does not contain headings. To create navigation tabs, create headings in your document by applying Heading Styles. Andy Wilson is considering contracting a management company to operate his 185-room hotel. He projects the annual operating income for the next three years as follows: Occupancy | ADR F&B Sales Other Sales IBFCMF Year 1 | 72% $155 12% of room sales 1.5% of room sales 27% of total sales Year 2 75% $168 | 14% of room sales 2% of room sales | 28% of total sales Year 3 77% $176 15% of room sales 2% of room sales | 30% of total sales *Income before fixed changes and management fees. He consulted Warrick Management and Murphy Operators who are interested in managing his hotel for the next three years. The proposed post-opening management fees by each company are listed below: Warrick Management Murphy Operators Basic Fee 4% of room sales 5% of total sales Incentive Fee 6% of IBFCMF 4% of IBFCMF Page: 1 of 1 Words: 0 English (U.S.) 2 2 + 3 EN 160% . O 0 3:09 PM 4/24/2020