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mafiozo [28]
4 years ago
14

Peggy is the revenue manager at a 1500 room hotel. For next Friday Peggy's PMs shows 300 check-outs, 900 stayovers, 250 transien

t arrivals and a 200-room group block that begins a three stay on that day. What is Peggy's current rooms available for sale for next Friday?A. 150B. 250C. 450D. 650
Business
1 answer:
skelet666 [1.2K]4 years ago
7 0

Answer:

option (A) 150

Explanation:

Data provided in the question:

Number of rooms in the hotel = 1500

Number of checkouts = 300

Number of stayovers = 900

Number of transient arrivals = 250

Group block that begins a three stay on that day = 200

Now,

Rooms available for next Friday

= Total number of rooms - ( stayovers + transient arrivals + group block)

= 1500 - ( 900 + 250 + 200)

= 150

Hence,

the correct answer is option (A) 150

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8 0
2 years ago
Thayer Farms stock has a beta of 1.38. The risk-free rate of return is 3.87 percent, the inflation rate is 3.93 percent, and the
KATRIN_1 [288]

Answer:

Cost of Equity  16.33%

Explanation:

We solve for this using CAMP:

Ke= r_f + \beta (r_m-r_f)

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Ke= 0.0387 + 1.38 (0.0903)

Ke 0.16331 = 16.33%

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8 0
4 years ago
"PDQ Corporation has declared a rights offering to stockholders of record. The company has 5,000,000 shares outstanding and is s
Nimfa-mama [501]

Answer: C. II and III

Explanation:

There are 5,000,000 shares of PDQ Corporation as of when they declared the rights offering. This means that every share will get a right to buy stock.

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4 years ago
Quanti Co., a calendar-year taxpayer, purchased small tools for $5,000 on December 21, Year 1, representing the company’s only p
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Answer: Option A is the right answer

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4 years ago
Which of the following describes the effect of the purchases that consumers
vichka [17]
The answer is C) indicate their desires to producers
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