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miss Akunina [59]
3 years ago
9

The term benchmarking as it relates to the hotel industry refers to a line-by-line analysis of an operating statement

Business
1 answer:
miskamm [114]3 years ago
3 0

Answer: The correct answer is <u>True. </u>

Explanation:

Bench marking in the hotel industry is when the hotel operates by using the line to line analysis. They compare metrics for other similar hotels. The hotels will run for the most profitability and maximize their revenue. The hotels will be optimizing costs to get the biggest profit.

By using the bench marking technique they use their knowledge to improve all members performance. There are several companies that a hotel can use to get more out of bench marking.

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3 years ago
Cutter Enterprises purchased equipment for $72,000 on January 1, 2018. The equipment is expected to have a five-year life and a
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Answer:

$28,800

$25920

Explanation:

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

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3 years ago
If bonds with a face value of $208,000 are issued at 97, the amount of cash proceeds is ____
madam [21]

Answer:

C) $201,760

Explanation:

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Cash proceeds = Face value × 0.97

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4 0
3 years ago
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Answer:

The answer is A.

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2 years ago
The _________ is the most commonly used type of lineup in police departments. these types of lineup are advantageous in that the
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