Occupancy rate - Study guides, Class notes & Summaries
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Revenue Management Final exam practice questions and answers 100% correct.
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What is bigger in the tourism industry, fixed costs or variable costs? 
fixed costs are bigger 
-Think of an airplane: staffing, airport fees (fixed) - huge amount of the costs for airplanes come from fixed costs; food, fuel (variable) - not as easy to determine the variable costs 
 
 
 
We can reduce prices (even below total cost per room), as long as the 
reduced price covers, fixed cost per room or variable cost per room? 
We can reduce prices as long as the reduced price covers the variable ...
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Revenue Management Final Exam Question & Answers 2022
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what is the industry term used to describe the sum of prices paid by a business's customers? 
 
-daily receipts 
 
-profit 
 
-profits less expenses 
 
-total revenues 
-total revenues 
 
 
 
historically, what concept have hospitality managers chiefly used to calculate their selling prices? 
 
-income 
 
-revenue 
 
-costs 
 
-profits 
-costs 
 
 
 
what is an algebraic equivalent of the formula: sales=costs+profit? 
 
-profit=sales-costs 
 
-costs=sales+profits 
 
-costs=profit-sales 
 
-prof...
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Argus Certification Exam VERIFIED 100% SOLUTIONS
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Argus Certification 
Exam VERIFIED 100% 
SOLUTIONS 
True or False: ARGUS Enterprise merges three industry standard solutions: ARGUS 
Valuation- DCF, ARGUS Asset Management, and ARGUS Valuation-Capitalisation - 
ANSWER True 
In ARGUS Enterprise you can utilize shortcut keyboard commands to navigate within 
certain sections of the program. - ANSWER True 
In AE, a user can add over 100 properties into a portfolio. - ANSWER True 
Which is a benefit to utilizing a Chart of Accounts? 
a) Easier t...
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ARGUS Practice Exam Questions with Correct Answers
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ARGUS Practice Exam Questions with Correct Answers 
The Expense Inflation Rates will be the default percentage for: 
Operating Expenses 
Non-Operating Expenses 
Capital Expenses 
All the above - Answer-All the above 
 
Every inflation category must be given a number, or it will default to the General Inflation Rate - Answer-False 
 
Assuming 60% occupancy calculate the Vending Machine Revenue in Year 1 
- Inflation: 3.5% 
- Building size 60,000 sf 
- Amount = $13,000 annually 
- 0% fixed - ...
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ALF Core Training Florida Exam Questions with Verified Answers
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Assisted Living Facility - Answer- A facility that is operated and regulated as a residential environment not medical that provides housing, meals, and one or more personal services for a period exceeding 24 hours to one or more adults who are not relatives of the owner or administrator. 
 
Renewal License - Answer- Must be completed at least 60 days and no more than 120 days before current license expires. 
 
CHOW - Answer- Change of Ownership 
 
Initial Licensure CHOW - Answer- Must be receive...
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NAB RCAL Exam Questions and Answers (100% Correct)
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Breakeven Point? - ANSWER total cost = total revenue 
 
Working capital ratio - ANSWER current assets / current liabilities 
 
Acid-test (quick) ratio - ANSWER (cash + AR + short-term investments) / current liabilities 
 
debt to assets ratio - ANSWER total liabilities/total assets 
 
FTE (full time equivalent) - ANSWER total number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40) 
 
Profit margin - ANSWER NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross prof marg...
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers,100% CORRECT
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers 
 
Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities 
 
CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads 
 
Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...
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Pearson vue real estate Exam, Multiple Choice Questions And Correct Answers.
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Pearson vue real estate Exam, Multiple Choice Questions And Correct Answers. 
 
If a licensee is paid a salary of $600 per month plus half of the office's 6% fee on all sales, what MUST the licensee's monthly sales be in order for the licensee to receive a total monthly income of $2,220? 
A. 27,000 
B. 37,000 
C. 54,000 
D. 74,000 
An agreement that restricts the use and occupancy of real estate, is part of a conveyance, and is binding on all subsequent buyers is called a(n): 
A. Agreement for...
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ARGUS 2024 New Update Exam Questions with Correct Answers
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ARGUS 2024 New Update Exam Questions with Correct Answers 
Which of the following are available methods for calculating General Vacancy? 
Check all that apply. - Answer-% of Potential Gross Revenue 
 
% of Total Rental Revenue 
 
% of Total Tenant Revenue 
 
The Present Value tab allows us to enter in a separate discount rate for the Leveraged and Unleveraged Cash Flow as well as the Leveraged and Unleveraged Resale Rate. T or F? - Answer-T 
 
________________ is a solution for consolidating a...
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BUAD FINAL EXAM 2024 WITH GUARANTEED CORRECT ANSWERS
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Revenue - correct answer Rate X Volume 
 
Balance Sheet - correct answer This document measures the value or net worth of a business. 
 
Occupancy Percentage - correct answer rooms sold/total rooms available 
 
profit - correct answer total revenue minus total cost 
 
last year - correct answer The financial performance of the previous year. 
 
budget - correct answer The formal business and financial plan for a business for one year. 
 
average rate - correct answer Rooms Revenue / Rooms Sold 
...
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