franchises

By its own claim, HFS, Inc., is the world’s largest hotel franchising organization. It claims to have five thousand, four hundred hotels with four hundred ninety-five thousand rooms in over seventy countries, and more than twenty percent of the franchises are minority-owned. Use digits to write each of the numbers.

READ ALSO :   Maxine’s Pumps (MP) sells bilge pumps for $250 each. Each pump costs $150 to produce, and MP’s fixed operating costs equal $600,000. (a) What is MP’s operating breakeven point? (b) What is MP’s operating income (NOI) when 10,000 pumps are sold?