Resource: Blue Mist Hotel Financial Ratios Sheet
You are the Assistant Manager at the Blue Mist Hotel, a 425-room hotel in Phoenix, Arizona. The General Manager has asked you to prepare a 700- to 1,050-word report on the financial status of the hotel for the month of May.
Access the Blue Mist Hotel Financial Ratios sheet and calculate the remaining six financial ratios.
Use the ratio calculations to determine the financial status of the hotel for the month of May.