Which of the following is NOT true about College
it is considered any level of education after High School

it is an education that leads to a diploma, certificate, or degree

It only offers 4 year degrees

None of the above are true

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented