grader_h2 - Exploring Series Rental Rates(2 Beachfront...

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Exploring Series Rental Rates (2) 8f34c4d05ead3d0c85326cef7a0a3d3d01875e58.xlsx Beachfront Guest House Effective May 1, 2018 Peak Rentals Off-Peak Rentals Rental Type No. Units Per Day Per Day Studio Apartment 6 $ 149.95 $ 899.70 $ 120.00 $ 720.00 20.0% 1 Bedroom Suite 4 $ 250.45 $ 1,001.80 $ 174.00 $ 696.00 30.5% 2 Bedroom Suite 2 $ 450.00 $ 900.00 $ 247.55 $ 495.10 45.0% Questions & Answers Assume all 12 units are rented as you answer the following questions: (1) Which rental type generates the most maximum revenue for peak rental periods? Apply Yellow highlight to the correct answer below: Studio Apartment 1 Bedroom Suite 2 Bedroom Suite (2) Which rental type generates the most maximum revenue for off-peak rental periods? Apply Yellow highlight to the correct answer below: Studio Apartment 1 Bedroom Suite 2 Bedroom Suite (3) Why is there a difference? Change XX.X to the correct values at the end of the following sentence. Maximum Revenue Maximum Revenue Discount Rate The Studio Apartment is discounted only 20% for off-peak periods, whereas the 1 Bedroom Suite is discounted 30.5%.
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