Treetops Resort had sales of 3.6 million during 20X5. Its average accounts receivable totaled 300,000. Assume 365 days in the year. Its ACP is ________ days.
A) 29.4 B) 30.4 C) 40 D) none of the above
The need to explore personal interests is important:
A) to find fulfillment on the job.
B) when making initial career planning decisions.
C) Both of the above
D) It depends upon the point where one is in his/her career.
The average full-service hotel generates approximately ________ of its total revenue from food and beverage sales.
A) 30-35 B) 25-30 C) 20-25 D) 15-20
For accounting purposes, lessees generally classify leases as either leveraged leases or open-ended leases.
Indicate whether the statement is true or false
Which of the following methods of vertical transportation is most effective for moving large numbers of people a short distance?
A) hydraulic elevator B) gearless elevator C) geared elevator D) escalator
Which of the following are NOT part of the inside sales force
A) Technical support
B) Sales assistants
C) Sales agents
D) Telemarketers
When the salesperson is not expected or permitted to take an order but is called only to build goodwill or to educate the actual or potential user, the salesperson is called:
A) Missionary
B) Technician
C) Demand creator
D) None of the above
The only real goal of the salesperson is to produce sales.
Indicate whether the statement is true or false.
What is not a factor when an organizational planner chooses a hotel?
A) Recommendations from the hotel staff B) Word of mouth
C) Site inspection D) The conference services manager
A hotel has a current ratio of 1.2 and an acid-test of 1. The only non-quick asset it has is inventory which is shown on the books for 40,000. Its total current liabilities equal ________.
A) -0-
B) 200,000
C) 40,000
D) 100,000
E) none of the above
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