The empire hotel is a full-service hotel in a large city

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The Empire Hotel is a full-service hotel in a large city. Empire is organized into three departments that are treated as investment centers. Budget information for the coming year for these three departments is shown below. The managers of each of the departments are evaluated and bonuses are awarded each year based on ROI.

Empire Hotel
	Hotel Rooms		Restaurants		Health Club%u2014Spa
Average investment	$	8,312,000	$	4,828,000	$	821,000

Sales revenue	$	10,000,000	$	2,000,000	$	600,000
Operating expenses		8,621,000		1,127,000		404,000

Operating earnings	$	1,379,000	$	873,000	$	196,000

Reference no: EM13579224

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