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What is the profit margin percentage for a full-service hotel that recorded total revenue of $62,250 on a per available room basis? The propertys departmental
What is the profit margin percentage for a full-service hotel that recorded total revenue of $62,250 on a per available room basis? The propertys departmental expenses totaled $26,191. Other expenses included the following: undistributed operating expenses $14,611, management fees $2,296, other fixed charges $5,528, interest and depreciation $7,500, and income tax $1,684. Your answer needs to be converted to %. You do not need to include $ or % sign in your answer.
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