Prepare a 350- to 700-word analysis of Situation 9.6, Financial Ratios from Income Statements (Ch. 9) from Hospitality Management: A Capstone Course. To complete your analysis, calculate the following financial ratios: â€¢Occupancy percentage â€¢ Cost of labor percentage for rooms and F&B â€¢ Cost of food sold percentage â€¢ Cost of beverage sold percentage â€¢ Average daily rate â€¢ Profit margin for rooms and F&B â€¢Total revenue change from budget for rooms and F&B â€¢ Housekeeping cost per occupied room â€¢ Room sales to total sales â€¢ Total rooms division payroll per occupied room Note. In your financial analysis, discuss the findings from your calculations and how they effect the organization. Rooms Division Report Actual Budgeted Rooms Revenue $473,979 $541,800 Total Payroll and Related Front office 28,219 33,605 Housekeeping 48,833 57,283 Other Expenses Front office 16,754 18,411 Housekeeping 9,396 15,600 Departmental Income 370,777 416,901 F&B Report F&B Revenue Food $220,728 $210,095 Beverage 70,578 78,706 Other income 10,882 12,000 Cost of Sales Food 85,840 68,481 Beverage 16,177 17,709 Total F&B Payroll and Related 113,439 122,692 Other Expenses 20,076 30,052 Departmental Income 66,656 61,867 Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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