Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jan 02, 2024

The Occupancy % for a hotel is calculated by: a. Dividing Room Revenue by Available Room Nights b. Dividing Occupied Room Nights by Room Revenue

The Occupancy % for a hotel is calculated by:

a. Dividing Room Revenue by Available Room Nights

b. Dividing Occupied Room Nights by Room Revenue

c. Dividing Occupied Room Nights by Available Room Nights

d. Dividing Available Room Nights by Occupied Room Nights

Step by Step Solution

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided below correct option ... 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

Step: 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

Management Accounting

Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu

6th Canadian edition

013257084X, 1846589207, 978-0132570848

More Books

Students also viewed these Accounting questions

Question

A student performs the following lead extraction to test the stoichiometric method and to determine the efficiency of the reaction. In the reaction49.5 g of lead (II) nitrateis reacted with excess zi...

Answered: 1 week ago

Question

★★★★★

Let Show that det(A + B) = det A + det B if and only if a + d = 0. A=[ ] and B =[% a b d

Answered: 1 week ago

Question

★★★★★

Which diagram best represents the arrangement of water molecules around sodium (Na + ) and chloride (Cl ) ions in solution? Nat Na Na Na+ A B D

Answered: 1 week ago

Question

★★★★★

The following information has been extracted from the trial balance of M/s Randhir Transport Corporation. Adjustments 1. Closing stock for the year was Rs. 35,500. 2. Depreciation charged on plant...

Answered: 1 week ago

Question

★★★★★

How does job enrichment differ from job enlargement?

Answered: 1 week ago

Question

★★★★★

Find the value of B for which the lines 3x + 2y + 8 = 0 and 6x - By - 3 = 0 are parallel. AppendixLO1

Answered: 1 week ago

Question

★★★★★

Identify the common elements in most contemporary constructivist theories

Answered: 1 week ago

Question

★★★★★

An inexperienced accountant for Silva Corporation showed the following in the income statement: income before income taxes and extraordinary item $450,000 and extraordinary loss from flood (before...

Answered: 1 week ago

Question

★★★★★

For many years Futura Company has purchased the starters that it installs in its standard line of farm tractors. Due to a reduction in output, the company has idle capacity that could be used to...

Answered: 1 week ago

Question

★★★★★

dicuss strategies in accounting

Answered: 1 week ago

Question

★★★★★

Which of the following actions would not directly help the cash conversion cycle to decline? a. Collecting receivables faster b. Buying lower-cost inventory items c. Selling goods faster d. Deferring...

Answered: 1 week ago

Question

★★★★★

Dangerous Overseas Assignment Case StudyOn June 2 4 , 1 9 9 8 , Edward Leonard of Creston, British Columbia, a diamond driller workingfor Terramundo Drilling Inc. ( Terramundo ) was kidnapped by...

Answered: 1 week ago

Question

★★★★★

1. Explain the Customer-Supplier Duality in Service Supply Relationships Diagram.

Answered: 1 week ago

Question

★★★★★

Based on the scenario mentioned in the article, there are several recommendations I would give to the stakeholders to restore the preferred situation 1 . Sales Team: Explanation: The sales team...

Answered: 1 week ago

Question

★★★★★

1) Calculate average stress and strain generated in each component of the figure shown below and use ANSYS to evaluate same (CAD model for same is assignment3.sat, uploaded in canvas). Geometry...

Answered: 1 week ago

Question

★★★★★

Fresh Harvest is a new startup by 2 young entrepreneurs who are both passionate about sustainable agriculture and believed that this is viable potential business. Their aim is to address food...

Answered: 1 week ago

Question

★★★★★

Which system database requires a larger disk volume compared to others others? ( 1 Point ) * Enter your answer

Answered: 1 week ago

Question

★★★★★

Do the three planes x + 2x + x 3 = 4, X X 3 = 1, and x + 3x = 0 have at least one common point of intersection? Explain.

Answered: 1 week ago

Question

★★★★★

The Moncton division of Glencoe Corporation, operating at capacity, has been asked by the Antigonish division of Glencoe to supply it with Electrical Fitting No. LX29. Moncton sells this part to its...

Answered: 1 week ago

Question

★★★★★

The Tokyo division of Kaycee Toy Company manufactures units of the game Shogi and sells them in the Japanese market for 7,200 each. The following data are from the Tokyo divisions 2012 budget....

Answered: 1 week ago

Question

★★★★★

Why are transfer-pricing systems needed?

Answered: 1 week ago

Question

★★★★★

If you use your car for both business and pleasure, the Canada Revenue Agency will usually allow you to report a portion of the costs of operating the vehicle as a business expense. This portion is...

Answered: 1 week ago

Question

★★★★★

Solve the following proportions for the unknown quantities

Answered: 1 week ago

Question

★★★★★

The following table shows National Paper Products capital investment in each of its three divisions, and the most recent years gross sales for each division. The operating costs of the head office...

Answered: 1 week ago

Previous Question Next Question