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The Pinkerton Hotel has an occupancy rate of 97% during busy-season and 62% during the rest of the year. It makes $80 (revenue-variable costs)
The Pinkerton Hotel has an occupancy rate of 97% during busy-season and 62% during the rest of the year. It makes $80 (revenue-variable costs) per room per night. Busy season accounts for 30% of the year. After covering its $4M in annual fixed costs, the total profit for the Pinkerton Hotel was $4,468,000. How many rooms are in the Pinkerton Hotel? A 150 B 200 C 400 D 650
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
