The Table Below Shows the Sales for a Resort Hotel

question 83

Short Answer

The table below shows the sales for a resort hotel recorded over the past year. The seasonal indexes for each quarter are also provided. To track the trend for these four quarters, use the indexes to deseasonalize the sales data What is the deseasonalized sales value for quarter 3?

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Definitions:

Interest Rate

The share of a loan incurred as interest costs to the borrower, habitually depicted as an annual percentage of the loan's outstanding amount.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, indicating the proportion of any additional dollar of income that must be paid in taxes.

Weighted Average Cost

A calculation that takes into account the varying costs of goods or services by weighting them according to their importance or quantity.

Internal Rate of Return

The discount rate that makes the net present value of all cash flows from a particular project zero.