Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sustainable Golf Resort (100 Room Hotel) Yearly Room Nights Available - 36,500 Yearly Room Nights Sold -21.900 Rounds of Golf - 30,000 Revenues Room Sales

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Sustainable Golf Resort (100 Room Hotel) Yearly Room Nights Available - 36,500 Yearly Room Nights Sold -21.900 Rounds of Golf - 30,000 Revenues Room Sales $2,737,500 Golf Sales Food Sales $3,456,354 $2,655.000 $1,550,350 $10,399,204 Beverage Sales Total Revenue Expenses Rent Labor Food Costs Beverage Costs Golf Expense Other Expenses Total Expenses $250,000 $2,599,801 $1,008,900 $434,098 $1,500,000 $3,100,000 $8,892,799 What is the profit percentage at Sustainable Golf Course? 14.5% 33.3% O 50.5% 85,5% Question 27 2.95 pts Referring to the table on Sustainable Golf Resort, what is the COGS for food at the resort? 22% 38% 46% 67% Question 28 2.95 pts Referring to the table on Sustainable Golf Resort, what is the average daily rate for the resort? O $75 O $100 O $125 O $150 None of the Above

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

Sport Funding And Finance

Authors: Bob Stewart

2nd Edition

041583984X, 978-0415839846

More Books

Students also viewed these Finance questions

Question

2. What are the components of IT infrastructure?

Answered: 1 week ago