VTheCarlton Hotel had a good October sales were up over the previous October thats good but Santi Phita, hotel general manager wants to know more about how the hotel performed with regard to flow-through. Using the income statement answer these questions a. What were the total revenues last year and this year b. What was the GOP in dollars last year and this year c. What was the % of GOP to total revenues in oct this year and last year d. What was the flowthru % achieved by the hotel e. What is your assessment of the percentage.

THE CARLTON HOTEL Income Statements For October 2009 and 2010 October Last Year 2009 October This Year 2010 Revenue Rooms Non-Rooms Total Revenue 430,000 115,000 78.90% 21.10% 100.00% 465,000 118,000 79.76% 20.24% 100.00% Operated Department Expenses Rooms Non-Rooms Total Operated Department Expenses 87,000 127,500 214,500 15.96% 23.39% 39.36% 97,500 123,000 220,500 16.729 21.10% 37.82% Total Operated Department Income 330,500 60.64% 362,500 62.18% Total Undistributed Operating Expenses 168,500 30.92% 177,960 30.52% Gross Operating Profit Rent, Property Taxes, and Insurance Depreciation and Amortization 14,210 10,925 2.61% 2.00% 15,100 11,500 2.59% 1.979 Net Operating Income 136,865 25.11% 157,950 27.09% Interest 9,800 1.80% 10,100 1.7394 Income Before Income Taxes 127,065 23.31% 147,850 25.38% Income Taxes 64,896 11.91% 67,104 11.514 Net Income 62,169 11.41% 80,746 13.859 Flow-Through