Jessie Jones has just been named the general manager of the Balmour Hotel. The hotel...
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Jessie Jones has just been named the general manager of the Balmour Hotel. The hotel has 300 rooms and a full-service restaurant. January 1 of this year is her first day of work and Jessie has received the following information regarding the property's December of last year operating results: What was the hotel's average daily rate (ADR) for June? Circle your response accordingly. $130.00 $140.00 $150.00 $120.00 What was the hotel's occupancy percentage for June? 80.0% 65.0% 60.0% 70.0% What was the restaurant product cost percentage for June? 29.0% 30.0% 32.0% 28.0% What was the property's profit margin for June? 21.0% 19.0% 18.0% 20.0% Straight Line Depreciation - Complete below table as required. Business Van's Expense $ 60 Adam invested $5,000,000 cash in the motel. Complete below Entries as required: Complete Return On Investment (ROI) \% Accordingly. Complete Bernie's Profit \&Loss, including Thtal Calac and Drima Cnct \% ac ranuirad Balance Sheet Accounts: The Restaurant Kwan Manages - Complete Current Assets Accordingly: a. What is the amount of the operation's total current assets? Answer: b. What is the first current asset account listed and why is it listed first? Answer: c. What is the last current asset account listed and why is it listed last
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Jessie Jones has just been named the general manager of the Balmour Hotel. The hotel has 300 rooms and a full-service restaurant. January 1 of this year is her first day of work and Jessie has received the following information regarding the property's December of last year operating results: What was the hotel's average daily rate (ADR) for June? Circle your response accordingly. $130.00 $140.00 $150.00 $120.00 What was the hotel's occupancy percentage for June? 80.0% 65.0% 60.0% 70.0% What was the restaurant product cost percentage for June? 29.0% 30.0% 32.0% 28.0% What was the property's profit margin for June? 21.0% 19.0% 18.0% 20.0% Straight Line Depreciation - Complete below table as required. Business Van's Expense $ 60 Adam invested $5,000,000 cash in the motel. Complete below Entries as required: Complete Return On Investment (ROI) \% Accordingly. Complete Bernie's Profit \&Loss, including Thtal Calac and Drima Cnct \% ac ranuirad Balance Sheet Accounts: The Restaurant Kwan Manages - Complete Current Assets Accordingly: a. What is the amount of the operation's total current assets? Answer: b. What is the first current asset account listed and why is it listed first? Answer: c. What is the last current asset account listed and why is it listed last
