{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T05:41:22-04:00", "answer_date": "2024-06-28 05:41:22", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4247965", "url": "\/study-help\/questions\/the-operation-team-of-h-hotel-which-has-25-rooms-4247965", "question_creation_date_js": "2024-06-28T05:41:22-04:00", "question_creation_date": "Jun 28, 2024 05:41 AM", "meta_title": "[Solved] The operation team of H hotel, which has | SolutionInn", "meta_description": "Answer of - The operation team of H hotel, which has 25 rooms on daily basis, has projected that the occu-pancy will be 60.00% wit | SolutionInn", "meta_keywords": "operation,team,h,hotel,25,rooms,daily,basis,projected,occu-pancy,will,60.00%", "question_title_h1": "The operation team of H hotel, which has 25 rooms on daily basis, has projected that the occu-pancy will be 60.00% with total revenue of", "question_title": "The operation team of H hotel, which has 25 rooms on daily", "question_title_for_js_snippet": "The operation team of H hotel, which has 25 rooms on daily basis, has projected that the occu pancy will be 60 00 with total revenue of $620,000 and total expenses of $50,000 for the next year The income tax bracket is 40 00 Assume that there are only single and double rooms for H with a double occupancy of 70 00 and the double rooms are sold at a percentage markup of 20 00 over singles Based on the information given, what are the individual average daily room rates (ADRs) for both single and double rooms for H hotel for the next year (assume that there are 365 days in a year) ", "question_description": "

The operation team of H hotel, which has 25 rooms on daily basis, has projected that the occu-pancy will be 60.00% with total revenue of $620,000 and total expenses of $50,000 for the next year. The income tax bracket is 40.00%. Assume that there are only single and double rooms for H with a double occupancy of 70.00% and the double rooms are sold at a percentage markup of 20.00% over singles. Based on the information given, what are the individual average daily room rates (ADRs) for both single and double rooms for H hotel for the next year (assume that there are 365 days in a year)?<\/p>", "transcribed_text": "", "related_book": { "title": "Entrepreneurial Finance", "isbn": "1305968352, 978-1337635653, 978-1305968356", "edition": "6th edition", "authors": "J. Chris Leach, Ronald W. Melicher", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1482.jpg", "uri": "\/textbooks\/entrepreneurial-finance-6th-edition-1482", "see_more_uri": "" }, "free_related_book": { "isbn": "B0B45L3WGK", "uri": "\/textbooks\/algebra-2-workbook-systems-by-graphing-substitution-elimination-and-applications-1st-edition-979-8836829049-271578", "name": "Algebra 2 Workbook Systems By Graphing Substitution Elimination And Applications", "edition": "1st Edition" }, "question_posted": "2024-06-28 05:41:22", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-13", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/how-are-capital-projects-funds-controlled", "description": "How are Capital Projects Funds controlled?", "stars": 3 }, { "url": "\/study-help\/psychology\/give-three-examples-of-nonverbal-communication-and-explain-what-they-1982508", "description": "Give three examples of nonverbal communication and explain what they mean.", "stars": 3 }, { "url": "\/cowboy-enterprises-has-three-service-departments-administration-maintenance-and-computer", "description": "Cowboy Enterprises has three service departments (administration, maintenance, and computer support) and two production departments (creative and assembly). 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No gift cards were redeemed in 2020, while $144,000 of the gift cards were redeemed...", "stars": 3 }, { "url": "\/study-help\/questions\/instructions-continue-mini-case-1-the-accounting-cycle-part-1-7808480", "description": "Continue Mini Case 1 (the Accounting Cycle Part 1), the following information is available for FastForward in September that may need adjustments.1 1. 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