The following are selected items from Pine Hotels most recent financial statements.

2020 2019

Food & Beverage Revenue $1,263,000 $1,170,000

Room Rental Revenue $3,140,000 $2,995,000

Number of Rooms 105 105

Occupancy Rate 85% 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 Answer

% Answer

%

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 $Answer

$Answer