The average number of hotel rooms occupied per day during the month of March is 225. On average, each room is booked for 2.5 days. What is the average number of new bookings that occur per day?

A) More than 50 but less than or equal to 100 rooms per day
B) More than 150 but less than or equal to 300 rooms per day
C) More than 350 but less than or equal to 500 rooms per day
D) More than 500 rooms per day


A

Business

You might also like to view...

Eldon did not do well on his midterm exam and is worried about passing his final OB exam He tells his teammates about his failure on the exam and overall concerns. Eldon is using the ______ impression management tactic.

A. self-promotion B. intimidation C. supplication D. faking

Business

Giving back to the community takes place at which level of the CSR Pyramid?

A. legal B. ethical C. philanthropic D. economic

Business

John Locke and Jean-Jacques Rousseau both proposed a social contract theory of morality under

which each person is presumed to have entered into a social contract with all others in society to obey moral rules that are necessary for people to live in peace and harmony. Indicate whether the statement is true or false

Business

Watson's Automotive has a $400,000 bond issue outstanding that is selling at 102 percent of face value. Watson's also has 4,500 shares of preferred stock and 21,000 shares of common stock outstanding

The preferred stock has a market price of $44 a share compared to a price of $21 a share for the common stock. What is the weight of the debt as it relates to the firm's weighted average cost of capital? Round answer to nearest percent. A) 38 percent B) 39 percent C) 40 percent D) 41 percent E) 42 percent

Business