Assumptions: Year on Year % Change Revenues Rooms Food & Beverage Other Department Expenses Rooms Food & Beverage Other 2016 2017 2018 2019 2020 2021 baseyear 1% -2% 3% 3% 2% baseyear 10% -7% 5% 2% 2% in $'s (000's) Revenues 2016 2017 2018 2019 2020 2021 Rooms $ 20,672 $ 20,802 $ 20,481 $ 21,100 $ 21,682 $ 22,168 Food & Beverage $ 12,544 $ 12,679 $ 12,323 $ 13,018 $ 13,509 $ 13,810 Other $ 6,236 $ 6,167 $ 6,028 $ 6,253 $ 6,435 $ 6,521 Department Expenses Rooms $ 4,619 $ 5,087 $ 4,711 $ 4,929 $ 5,030 $ 5,148 Food & Beverage $ 7,797 $ 7,611 $ 7,285 $ 7,713 $ 7,946 $ 8,084 Other $ 3,920 $ 3,826 $ 3,806 $ 3,933 $ 4,032 $ 4,071 check 23116 23124 23030 23796 24618 25196

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter4: Accounting For Retail Operations
Section: Chapter Questions
Problem 4.2MBA: Sales transactions Using transactions listed in P4-2, indicate the effects of each transaction on...
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Complete the % Change and $'s assumptions and plug into the table to the left (in yellow boxes in all sections) for Food & Beverage and Other.
 
Assumptions: Year on Year % Change
Revenues
Rooms
Food & Beverage
Other
Department Expenses
Rooms
Food & Beverage
Other
2016
2017
2018
2019
2020
2021
baseyear
1%
-2%
3%
3%
2%
baseyear
10%
-7%
5%
2%
2%
in $'s (000's)
Revenues
2016
2017
2018
2019
2020
2021
Rooms
$
20,672 $
20,802 $
20,481
$
21,100
$
21,682
$
22,168
Food & Beverage
$
12,544 $
12,679 $
12,323 $
13,018
$
13,509
$
13,810
Other
$
6,236 $
6,167 $
6,028 $
6,253 $
6,435 $
6,521
Department Expenses
Rooms
$
4,619 $
5,087 $
4,711
$
4,929 $
5,030 $
5,148
Food & Beverage
$
7,797 $
7,611 $
7,285 $
7,713 $
7,946 $
8,084
Other
$
3,920 $
3,826 $
3,806
$
3,933 $
4,032 $
4,071
check
23116
23124
23030
23796
24618
25196
Transcribed Image Text:Assumptions: Year on Year % Change Revenues Rooms Food & Beverage Other Department Expenses Rooms Food & Beverage Other 2016 2017 2018 2019 2020 2021 baseyear 1% -2% 3% 3% 2% baseyear 10% -7% 5% 2% 2% in $'s (000's) Revenues 2016 2017 2018 2019 2020 2021 Rooms $ 20,672 $ 20,802 $ 20,481 $ 21,100 $ 21,682 $ 22,168 Food & Beverage $ 12,544 $ 12,679 $ 12,323 $ 13,018 $ 13,509 $ 13,810 Other $ 6,236 $ 6,167 $ 6,028 $ 6,253 $ 6,435 $ 6,521 Department Expenses Rooms $ 4,619 $ 5,087 $ 4,711 $ 4,929 $ 5,030 $ 5,148 Food & Beverage $ 7,797 $ 7,611 $ 7,285 $ 7,713 $ 7,946 $ 8,084 Other $ 3,920 $ 3,826 $ 3,806 $ 3,933 $ 4,032 $ 4,071 check 23116 23124 23030 23796 24618 25196
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