You have purchased a machine costing $30000. The machine will be used for 2 years, and at the end of this time, its salvage valu
e is expected to be $18000. The machine will be used for 6,000 hours during the first year and 8000 during the second year. The expected annual net savings will be $35000 during the first year and $42000 during the second year. If your interest rate is 12%, what would be the equivalent net savings per machine hour
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<h2>Answer:</h2><h2>The motor lodges average daily rate for the particular evening = $1000 per room</h2>
Explanation:
The total number of rooms in fantastic Florida motor lodge = 100
On Saturday evening, the number of rooms occupied = 90
Total cash receipts for the evening = $90000
The daily rate for the evening = ?
To calculate the average daily rate for that particular evening,
Average daily rate = = $1000 per room
The motor lodges average daily rate for the particular evening = $1000 per room