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The 100-room Hideaway Luxury Resort accepts only cash for payment by its guests. On Saturday night, the resort had an occupancy percentage of 70%. It's
The 100-room Hideaway Luxury Resort accepts only cash for payment by its guests. On Saturday night, the resort had an occupancy percentage of 70%. It's total cash receipts for guestrooms that evening totaled $28,000.00. What was the Hideaway Luxury Resort's Average Daily Rate (ADR) for Saturday night?
A) 401.52
B) 500.00
C) 350.00
D) 400.00
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