Estimated Rooms Department Revenues
Estimated Rooms Department Revenues=Operated Department Income for Rooms+Estimated Rooms Expenses
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This equation estimates the revenue generated from department rooms. Revenue is the income that a company receives from its normal business activities.
Resource:
- Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
This equation, Estimated Rooms Department Revenues, is used in 2 pages
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