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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