Joint stock companies should not be established for the purpose of a) Obtaining larger amounts of capital
b) Sharing business profits equally
c) limiting financial liability of owners
d) transferring the rights of ownership of a business

Explain!​

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