Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. last night a hotel achieved an adr of $175.00 and

Last night a hotel achieved an ADR of $175.00 and total rooms revenue of $35,000....

50.1K

Verified Solution

Question

Accounting

Last night a hotel achieved an ADR of $175.00 and total rooms revenue of $35,000. The hotel had 400 rooms available for sale last night. The hotel's gross operating profit last night was $20,000. What was the hotel's GOPPAR?
$5.00
$5.50
$55.00
$50.00
image

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A student collected the following data while using the procedure described in this module: 27.13 mL...

Chemistry
Q

1- Describe how the body transports CO2 in the blood. 2- Describe the role of haemoglobin...

Medical Sciences
Q

Circle the correct answer of the following (True/False) Groundwater flows faster that surface water (T/F) Water table is...

Civil Engineering
Q

Let T1 be the reflection about the line 4x?3y=04x?3y=0 in the euclidean plane. What is the standard...

Basic Math
Q

Which of the following scenarios is NOT an example of adaptive radiation:A few marsupial species...

Biology
Q

Suppose h x is a linear function and the points points 2 4 and 5...

Geometry
Q

Investor Dan has $353,000 to invest in bonds. Bond A yields an average of 7%and...

Basic Math
Q

Question Given the function 3x 9 X 5 use a linear approximation of f x...

Calculus
Q

A supplier offers a series discount of 10/23. Find the net cost equivalent ans the...

Accounting
Q

A company's income statement showed the following net income, $115,000; depreciation expense, $30,500; and gain...

Accounting
Q

Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell...

Accounting
Q

Switty Corporation sold $3,150,000,8,5-year bonds on January 1, 2022. The bonds were dated January 1,...

Accounting