Monday, December 12, 2016

Week 8 EOC: Quiz 8 Question 4.

a. What were the total revenues in October 2009 and October 2010?
b. What was the GOP in dollars in October 2009 and October 2010?
c. What was the percentage of GOP to total revenues in October 2009 and October 2010?
d. What was the flow-through percentage achieved by Santi’s hotel? What is your assessment of that percentage?
Answers: 
a.    The total revenues in October 2009 was 545,000 and October 2010 was 583,000
b.  The GOP in October 2009 was $162,000 and in October 2010 was 184,550
c.    The GOP in total revenues % in October 2009 was 29.72 and in 2010 was 31.66%

d.  The flow-through % was 59.34%. In my opinion that percentage, slightly high, which is great for the business. 

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