The Hotel California Has 642 Rooms with 413 Occupied and the Room

question 36

Multiple Choice

The Hotel California has 642 rooms with 413 occupied and the room revenue is $84,593. The REV PAR is

• A) $83.91
• B) $215.45
• C) $130.94
• D) $131.76

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Definitions:

Initial Deposit

The first amount of money placed in an account or investment, often setting the foundation for future financial growth.

Cell D

A reference point, typically in a spreadsheet or grid, denoting a specific cell within the column labeled 'D'.

Initial Deposit

The first amount of money placed into an account or investment, serving as the starting balance from which future transactions are measured.

No Further Deposits

A restriction placed on a bank account or investment that prevents additional funds from being added.