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Take me to the text The following are selected items from Oak Hotel's most recent financial statements. 2020 2019 Food & Beverage Revenue $1,175,000 $1,104,000
Take me to the text The following are selected items from Oak Hotel's most recent financial statements. 2020 2019 Food & Beverage Revenue $1,175,000 $1,104,000 Room Rental Revenue $3,444,000 $3,190,000 Number of Rooms 85 85 Occupancy Rate 87% 80% a) Determine the food and beverage sales to room rental revenue percentage for 2019 and 2020. Do not enter dollar signs or commas in the input boxes. Round the percent of food and beverage revenue to room rental revenue to 1 decimal place. 2020 2019 Percent of Food & Beverage Revenue to Room Rental Revenue 34.1 % 34.6 % b) The hotel is open 365 days a year. Determine the sales revenue per available room for 2019 and 2020. Do not enter dollar signs or commas in the input boxes. Round the sales revenue per available room to 2 decimal places. 2020 2019 Sales Revenue per Available Room $ 148.88 $ 138.40 Check
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