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Business, 21.04.2020 18:54 parkermacyow71bm

5. What is the net return on assets for a hotel that generated total revenue of $4,076,000 in 2006 based on total assets of $7,694,748? The property’s net income was $298,300 with a GOP of $1,892,900. In 2005, the hotel achieved total revenue of $3,864,000, and net income was $309,120 with a GOP of $1,159,200 based on total assets of $6,925,273.

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