Some gaps that could be filled with a property needs analysis includes all of the following EXCEPT:
A) Occupancy B) Market share C) Property taxes D) Food sales
Since the 1990s, many casino hotels in Las Vegas have been transformed into destination resorts.
Indicate whether the statement is true or false
A real cost of accounts receivable is the opportunity cost of the funds invested in them.
Indicate whether the statement is true or false
The price earnings ratio (P/E) is calculated by:
A) dividing the current share price by the last 52 weeks earnings per share
B) multiplying the last 52 weeks earnings per share by the current volume
C) multiplying the current share price by the last 52 weeks earnings per share
D) dividing the last 52 weeks earnings per share by the current volume
In smaller extended-stay properties, the general manager may be responsible for the property's financial management.
Indicate whether the statement is true or false
In the United States, water pressure is measured in terms of:
A) pounds per square inch. B) feet per minute.
C) fixture efficiency. D) gallons per minute.
One of the most important concerns for guests in a hotel is
A) food and beverage B) security C) in-room movies D) cost of the room
Thorough data collection and analysis will allow:
A) Determination of data analysis B) Determination of competitive advantages
C) Determination of opportunities D) None of the above
Las Vegas was not established as a gambling center until the mid-1970s.
Indicate whether the statement is true or false
Stand-alone casinos are usually small and are often called
A) slot parlors B) bingo parlors C) mini-casinos D) gambling taverns
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