Test: Find Exam Question 9 of 26 This test: 105 points This question: 7 popo Casino Hebron operates 3,900 guest rooms in three hotels The complex also includes the casino, retail shops, restaurants, night, a 1,500-seat entertainment venue, and a large convention facility The consolidated statements of operations for Casino Hebron Entertainment Corporation for the three years ending December 31, 2018 through 2020 are provided in the accompanying table ET (Cek the icon to view the consolidated statements of operations) Beave Requirement 1. Using the date provided, calculate the segment margin by the three departments Casinos Food and Beverage, and First the segment argn of the Casinos department for each Cas 2010 5416 5430 2018 0014 Den Expense Segnant Margin Next, calculate the segment margin of the Food and Beverage department to each Food and Beverage Revenue Direct Expenses 2020 2010 2018 ne me years (Enter amounts in mittens es provided in the statement of operations. Use who mig Tegment Margh Now, calolate the segment margin of the Risons depatment for each of the three years. Enter amounts in mons as praided in the statement of operations Use paranases or a minus signi Rooms 2020 2010 2015 Revanue Dract Expeines Submit fest the three years ending December 21, 2018 ugh 2000 are provided in the accompanying labe (Click the loon to view the consolidated statements of operations.) Beirements Segment Margin Requirement 2. Given the segment margins that you calculated, should Casino Hebron discontinue any of the the departments? Why or why not? Casino Hebron The segment margins are positive for Requirement 3. Which expenses are likely to be included in "Miscelaneous expenses? Should these expenses be located to the three departments Casine Hebron is not? Which expenses are likely to be included in "Miscellaneous expenses"? Select all that apply A. Hotel laundry service expens Advertising expenses C. Training expenses D. Licences and regulatory fees Costs of drinks for hotel room minibar Car and truck expenses G. Cauno labour expenses H. Tax preparation fees Mandenance expenses Should these expenses be allocated to the three departmers if Casino Hebron is evaluating whether it should decontinue any departm Why or why not Time Remang 00:22:00 Nest MacBook Air Which expenses are aly to be A Haundry service expenses. Advertising expenses c. Training exper D. Licences and regulatory fees Costs of dreks for hotel room miners F. Car and Casino labour Should these expenses be located to the Bree departments Case Hebron saing wher should do y OA Nece all of the miscelane and bad expe OB. Yes, because though segment ed Theres en ana should MacBook Air % T & Question 9 of 26 Consolidated statements of operations Casino Hebron Entertainment Corporation Consolidated Statements of Operations (Condensed and adapted) (in millicins) Years ended December 31, 2020 2010 2018 This Revenues Casino revenue $ 5,418 S 5,532 $ 5914 Food and beverage revenue 1,521 1.457 1435 Rooms revenue 1,197 1,173 1,146 Other revenues 374 75 (307) $ 5.5105 8.2375 3,188 Net revenues Operating Expenses Direct casino expenses S 3244 5 3,103 5 3.379 Direct food and beverage exp 702 630 626 Direct rooms expenses 315 102 279 4,716 6203 2749 Miscellaneous expenses $ 8.977 S 10244 $ 3.005 Total operating pe $ (467) 5 (2007) 163 200 % 85 Print Done MacBook Air 96 17 7 114 8 9