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You manage a small motel that has 45 rooms, with an average room rate of $58 on a 76% occupancy rate. Fixed costs are $480,000
You manage a small motel that has 45 rooms, with an average room rate of $58 on a 76% occupancy rate. Fixed costs are $480,000 and the VC per room sold is $8.00. What do you anticipate your annual operating income (before tax) to be in the coming year?
You manage a small motel that has 45 rooms, with an average room rate of $58 on a 76% occupancy rate. Fixed costs are $480,000 and the VC per room sold is $8.00. What do you anticipate your annual operating income (before tax) to be in the coming year?
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