Average Daily Room Rate (ADR)is Determined By

question 15

Multiple Choice

Average daily room rate (ADR) is determined by:

• A)room revenue divided by number of rooms sold
• B)total rooms occupied divided by total available rooms
• C)rooms cost divided by rooms sales
• D)total rooms occupied divided by number of rooms sold

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Definitions:

Twin Countershaft Transmission

A type of manual transmission found in heavy-duty vehicles that uses two parallel shafts to manage gear ratios.

Depreciation

The accounting process of allocating the cost of a tangible asset over its useful life, reflecting wear and tear, age, or obsolescence.

Net Working Capital

The difference between a company's current assets and its current liabilities, indicating the short-term liquidity position.