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Papessa [141]
3 years ago
8

Why are room counts so important to hotels?

Business
1 answer:
tino4ka555 [31]3 years ago
4 0

Answer:

It is critical for Front desk personnel to be aware of the actual number of rooms available, particularly if the hotel plans to run at or near 100 percent occupancy.

Explanation:

Except for the fact that it serves as a fundamental benchmark against competitors, knowing occupancy is very useful in evaluating the financial resources that must be invested in order to maintain a hotel operating efficiently. The greater the number of rooms sold, the greater the need for front desk and cleaning workers.

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Wi-Fi, Inc., reported a net income of $50,000 for the current year. The beginning and ending balances for Retained Earnings for
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The total value of dividends paid to the shareholders of Wi-Fi, Inc. for the year given the change in retained earnings and income is $20,000.

<h3>What is the dividend paid?</h3>

Dividend is the amount paid to shareholders of a public company out of the net income earned by a company in a particular period.

Dividend paid = net income - change in net income

Change in net income = $130,000 - $100,000 = $30,000

Dividend paid = $50,000 - $30,000 = $20,000

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2 years ago
Preferred stock of leaping dolphin inc. pays 8% on the $100 par value. what is the value of the stock if the appropriate discoun
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Calculate the value of the stock:

<span>The dividend on preferred stock is received constantly for perpetuity. So, the value of preferred stock can be calculated by dividing the dividend with the required rate of return. If the dividend rate is 8% on par value of $ 100 and required rate is 6% the value of preferred stock will be P = (100x0.08)/0.06 = 8/0/06 = 133.3333333</span>

7 0
3 years ago
What is effectiveness in customer service?​
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Answer:

the helping of the emmployee in where something is or to reach something or to get something from the back

Explanation:

7 0
2 years ago
Freeze Corporation uses the lower of cost or net realizable value method to write down inventory. Freeze determines that the inv
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7 0
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First, we must classify fiscal policy, which may be contractionary when the government wants to cool the economy, or expansionary when the government wants to stimulate the economy.

In the 2008 crisis, the government increased its spending to stimulate the economy, so the government adopted an expansionary fiscal policy.

However, rising spending has made the state swell. The purpose of reducing the size of the state to balance the budget is a contractionary policy aimed at reducing the state's spending.

Both policies can stimulate the economy if done at the right time. In the context of the crisis, it makes sense to increase government spending. However, after the economy improves, to stimulate the economy, the state must have a balanced budget. This is essential for attracting private investment and increasing the economy's productivity.

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