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Supersaver Hotel is the world's largest budget hotel chain found in 1972. It now has more than 106,000 rooms in more than 2,000 locations (average

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Supersaver Hotel is the world's largest budget hotel chain found in 1972. It now has more than 106,000 rooms in more than 2,000 locations (average is 54 rooms) in the United States and Canada. Suppose a partioular Supersaver Hotel has annual fixed costs of $900,000 for its 100-room hotel, average daily room rents of $54, and average variable costs of $9 for each room rented. It operates 365 days per yea Requirements 1. How much net income on rooms will Supersaver Hotel generate (a) if the hotel is completely full throughout the entire year and (b) if the hotel is half fu? 2. Compute the break-even point in number of rooms rented. What percentage occupancy for the year is needed to break even? Requirement 1. How much net income on rooms ill Supersaver Hotel generate (a) if the hotel is completely full throughout the entire year and (b) if the hotel is halt fulr? Begin by determining the formula to caloulate net income (loss), then calculate how much net income will be generated for (a) it the hotel is completely full throughout the entire year and (b) if the hotel is halt ful (Use parentheses or a minus sign for net losses 100% Fun 50% Fun Net income (loss) Requirement 2. Compute the break-even point in number of rooms rented. What percentage occupaney for the year is needed to break even? Break even # of rooms Determ ine the formula, hen computo the percentage occupancy tor the yea, that is-ed to break oven (Red ho percentage to the nearest terth percent XX%.) Choose from any list or enter any number in the input fields and then continue to the next

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