activity ratios Flashcards
1
Q
Food inventory turnover
A
cost of food used/avrg food inventory
2
Q
beverage inventory turnover
A
cost of beverage used/avrg bet inventory
3
Q
property and equipment turnover
A
total revenu/ avrg property and equipment
4
Q
asset turnover
A
total revenues/avrg total assets
5
Q
paid occupancy percentage
A
paid rooms occupied/available rooms
6
Q
complimentary occupancy
A
complimentary rooms/rooms available
7
Q
multiple occupancy
A
rooms occupied by two or more/ rooms occupied
8
Q
avrg occupancy
A
number of guests/ rooms occupied
9
Q
seat turnover
A
covers served/ number of seats x days open
10
Q
what for?
A
to measure managments ability to use properties assets
