Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is the definition of GOPAR? a. Measures the rooms revenue yield a property achieves relative to the rooms available in the property for a
What is the definition of GOPAR?
a. Measures the rooms revenue yield a property achieves relative to the rooms available in the property for a period.
b. Measures a property's liquidity by considering only quick assets.
c. Measures management's ability to produce profits by generating sales and controlling the operating expenses over which they have the most direct control.
d. Measures the number of guests served in the fod operation during the period.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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