Question
1. A 192-room hotel in year 2008 recorded total revenues of $7,537,000 and its GOP was...
1. A 192-room hotel in year 2008 recorded total revenues of $7,537,000 and its GOP was 31.4% of total revenue. Its department costs were 43.9% and undistributed operating expenses were 24.7% of total revenue. What is the new GOP percentage for year 2009 if the hotel's total revenue increased 5.8%, the departmental cost percentage increased 3.2% and undistributed operating expenses increased an additional $49,600 from year 2008?
Year 2009
Total revenue (round to a whole number) $___
2. Please use the information in Question 22 to calculate the Dept. costs.
Year 2009
Dept. costs (round to two decimal points) $___
3. Please use the information in Question 22 to calculate the Undistributed costs.
Year 2009
Undistributed costs (round to a whole number) $___
4. Please use the information in Question 22 to calculate the GOP.
Year 2009
GOP (round to two decimal points) $___
5. Please use the information in Question 22 to calculate the GOP%.
Year 2009
GOP% (round to one decimal point) ___%
Homework Answers
Answer #1
Not the answer you're looking for?
Similar Questions
A 192-room hotel in year 2008 recorded total revenues of $7,537,000 and its GOP was 31.4%...
A 192-room hotel in year 2008 recorded total revenues of
$7,537,000 and its GOP was 31.4% of total revenue. Its department
costs were 43.9% and undistributed operating expenses were 24.7% of
total revenue. What is the new GOP percentage for year 2009 if the
hotel's total revenue increased 5.8%, the departmental cost
percentage increased 3.2% and undistributed operating expenses
increased an additional $49,600 from year 2008?
Year 2009: Total revenue (round to a whole number) $___
Year 2009:Dept. costs (round...
1. A 335-room hotel property recorded in 2004 a 66.6% occupancy and an ADR of $117.98....
1. A 335-room hotel property recorded in 2004 a 66.6% occupancy
and an ADR of $117.98. What is the property’s franchise fee (1) on
a per available room basis and (2) as a percentage of rooms revenue
if the agreement required the hotel to pay a reservation fee of
$7.65 per available room per month; a royalty fee of 5% of rooms
revenue; an advertising fee of 2.3% of rooms revenue; and a
frequent traveler program fee of $5.00 per...
What is the relative growth difference in rooms revenue for a 205-room hotel that experienced an...
What is the relative growth difference in rooms revenue for a
205-room hotel that experienced an occupancy in 2006 of 80.4% and
82.7% in 2005? The hotel achieved an average room rate in 2006 of
$198.36 and $179.55 in 2005.
Round your answer (%) to one decimal point.
Relative growth difference = ___ %
What is the total liabilities to total assets ratio if a hotel
had current assets of $73,370, and total assets of $839,400? The
property’s current liabilities...
The following information is from General Electric Corporation annual reports. YearRevenue ($ million)Employees Year Revenue ($...
The following information is from General Electric Corporation
annual reports.
YearRevenue ($ million)Employees
Year
Revenue ($ million)
Employees (000)
2004
134
298
2005
152
302
2006
157
316
2007
168
323
2008
177
336
2009
183
324
2010
150
297
2011
147
290
2012
147
300
2013
146
308
2014
149
302
2015
151
326
Compute a simple index for the number of employees for GE using
the period 2004−06 as the base. (Round your answers to 1
decimal place.)...
1. Suppose the following data represents total revenues (in $ millions) for a mining company. Year...
1. Suppose the following data
represents total revenues (in $ millions) for a mining
company.
Year
Revenue
4-Year Moving
Average
4 Weighted Moving Average
Weights 4,3,2,1
Exponential smoothing
α = 0.6
2010
75
2011
81
2012
74
2013
79
2014
69
2015
92
2016
73
2017
85
2018
90
2019
73
2020
Forecast
Use 2 decimal
places,
Compute the 4-year moving averages and forecast the revenue for
2020. ( 4 marks)
Compute the 4-year weighted moving averages...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of...
The Cheyenne Hotel in Big Sky, Montana, has accumulated records
of the total electrical costs of the hotel and the number of
occupancy-days over the last year. An occupancy-day represents a
room rented for one day. The hotel's business is highly seasonal,
with peaks occurring during the ski season and in the summer.
Month Occupancy-Days Electrical Costs January 1,736 $ 4,127
February 1,904 $ 4,207 March 2,356 $ 5,083 April 960 $ 2,857 May
360 $ 1,871 June 744 $...
please answe all parts of question 4 Year Period Division Revenue Number of Customer 2000 1...
please answe all parts of question 4
Year
Period
Division
Revenue
Number of Customer
2000
1
A
706
333
2000
1
B
151
195
2000
1
C
460
222
2001
1
A
879
252
2001
1
B
619
256
2001
1
C
361
376
2002
1
A
260
519
2002
1
B
302
788
2002
1
C
250
62
2003
1
A
588
67
2003
1
B
862
752
2003
1
C
966
250
2004
2
A
724
638
2004...
Exercise 6A-1 High-Low Method [LO6-10] The Cheyenne Hotel in Big Sky, Montana, has accumulated records of...
Exercise 6A-1 High-Low Method [LO6-10]
The Cheyenne Hotel in Big Sky, Montana, has accumulated records
of the total electrical costs of the hotel and the number of
occupancy-days over the last year. An occupancy-day represents a
room rented for one day. The hotel's business is highly seasonal,
with peaks occurring during the ski season and in the summer.
Month
Occupancy-Days
Electrical Costs
January
1,736
$
4,127
February
1,904
$
4,207
March
2,356
$
5,083
April
960
$
2,857
May
360...
Contribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar Pharmaceuticals, Inc., plans to...
Contribution Margin Ratio, Break-Even Sales Revenue, Sales
Revenue for Target Profit
Schylar Pharmaceuticals, Inc., plans to sell 140,000 units of
antibiotic at an average price of $17 each in the coming year.
Total variable costs equal $761,600. Total fixed costs equal
$7,500,000.
Required:
1. What is the contribution margin per unit?
Round your answer to the nearest cent.
$
What is the contribution margin ratio? Round your answer to two
decimal places. (Express as a decimal-based answer rather than a...
PA6-1 Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point [LO 6-1, 6-2] Hermosa, Inc., produces one...
PA6-1 Calculating Contribution Margin, Contribution Margin
Ratio, Break-Even Point [LO 6-1, 6-2]
Hermosa, Inc., produces one model of mountain bike. Partial
information for the company follows:
Number of bikes produced and
sold
520
850
950
Total costs
Variable costs
$
129,480
$
?
$
?
Fixed costs per year
?
?
?
Total costs
?
?
?
Cost per unit
Variable cost per unit
?
?
?
Fixed cost per unit
?
?
?
Total cost per unit
?...
ADVERTISEMENT
Need Online Homework Help?
Get Answers For Free
Most questions answered within 1 hours.
ADVERTISEMENT
Active Questions
asked 1 minute ago
asked 5 minutes ago
asked 6 minutes ago
asked 6 minutes ago
asked 25 minutes ago
asked 27 minutes ago
asked 43 minutes ago
asked 47 minutes ago
asked 50 minutes ago
asked 52 minutes ago
asked 1 hour ago
asked 1 hour ago