Sun Hotel is preparing its income s

Sun Hotel is preparing its income statement and cash budget for the year 20X2. The Hotel has 100 rooms and operates 365 days a year. For 20X1, the average room rate and the occupancy percentage were $300 and 80% respectively. In order to prepare the budget data for 20X2, the company's accountant has prepared the following forecast income statement for the year 20X1 in October 20X1 by incorporating 9 months actual and 3 months forecast.

Sun Hotel is preparing its income statement and cash budget for the year 20X2. The Hotel has 100 rooms and operates 365 days a year. For 20X1, the average room rate and the occupancy percentage were $ 300 and 80% respectively. In order to prepare the budget data for 20X2, the company's accountant has prepared the following forecast income statement for the year 20X1 in October 20X1 by incorporating 9 months actual and 3 months forecast.

Sun Hotel is preparing its income statement and cash budget for the year 20X2. The Hotel has 100 rooms and operates 365 days. A year. For 20X1 the average, room rate and the occupancy percentage were $300 and 80% respectively. In order to prepare. The budget data, for 20X2The company 's accountant has prepared the following forecast income statement for the year 20X1 in October 20X1 by incorporating 9 months. Actual and 3 months forecast.