Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. imagine that a 150-room hotels adr is $55.00 and i

Imagine that a 150-room hotels ADR is $55.00 and incurs a UVC of $15.00. Also,...

70.2K

Verified Solution

Question

Accounting

Imagine that a 150-room hotels ADR is $55.00 and incurs a UVC of $15.00. Also, this hotels FC is $20,000 for the current month. However, the management of this hotel has projected that they will most likely sell 100 less rooms for the next month than its BE in units of the current month. Assuming that the other financial figures will stay the same for the next month, how much net loss will the management recognize for the next month?

Group of answer choices

$8,000 net loss

$6,000 net loss

$2,000 net loss

$4,000 net loss

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Growth? Company's current share price is $20.10 and it is expected to pay a $0.85 dividend...

Finance
Q

Can somone please give information on these questions in paragraph form? First Question is What were the consequences...

Psychology
Q

There is a long history of the use of child soldiers. Discuss how the use of...

Psychology
Q

A mass is whirled in a circular path with constant angular velocity and its angular...

Physics
Q

If n 210 and p p hat 0 82 find the margin of error at...

Statistics
Q

Suzy

Accounting
Q

what is a primary difference between a note receivable and an account receivable?

Accounting
Q

Exercise 7-05 -- (Part Level Submission) Wildhorse Company has a balance in its Accounts Payable...

Accounting
Q

Bowyer Driving Schools 2014 balance sheet showed net fixed assets of $3.4 million, and the...

Accounting
Q

2.5 Calculate the ratio for 2021 that reflects how the stock market is judging the...

Accounting
Q

please be as detailed as you can , will thumbs up thx ...

Finance
Q

Thinking of buying a $60,000 car, you browse through a finance brochure offering amortising loans....

Finance