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On an Annual Basis, What Is the Range for a Full

Question 10

Multiple Choice

On an annual basis, what is the range for a full service hotel of the repairs and maintenance costs as a percentage of its annual revenues taking into account location and size differences?


A) About 5% to 8%
B) About 4% to 7%
C) About 3% to 6%
D) About 2% to 5%

Correct Answer:

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