Calculate the following rations from the following information sheet and balance sheet.
Activity ratios
Operating ratios
Liquidity ratios
Profitability Ratios
Solvency ratios
Flagstaff Marriott Hotel – 600 Rooms
June 30, 2008
Operating Information
1. Total Rooms 18,000 = 600 × 30 days in June
2. Total out of order and complimentary rooms = 75
3. Total Rooms Sold in June = 15,300
4. Total Guests = 18,360
5. Total Room Revenue = $ 1,185,000
6. Total Restaurant Customers = 11,000
7. Total Restaurant Revenue = $125,000
8. Total Food Cost = $35,500
9. Total Hotel Profit (Net Profit) = $ 550,000
10. Number common shares outstanding = 1,000,000
11. Stock Price = $12.00
12. Total Hotel Revenue = $ 1,575,000