Average sales revenue of a restaurant with 90 seats for a month with a seat turnover of

Question:

Average sales revenue of a restaurant with 90 seats for a month with a seat turnover of 2.7 and 26 operating days is $64,760. Determine the average check for the month.

LO1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Hospitality Management Accounting

ISBN: 9780471687894

9th Edition

Authors: Martin G Jagels, Catherine E Ralston

See More Books

Question Posted: Jun 21, 2024 09:00 AM

See More Questions

Explain why public key encryption is more useful for securing communications on the Internet than private (shared) key encryption. 6. A certain CS professor gives 5-point quizzes that are graded on...
I am having a difficult time and I have another one and I am almost done with the class in 2 week Chapter 9: Discussion Questions (Pg 404-405) 2. What are some of the purposes of budgeting? 4....
I am having a difficult time and I have another one and I am almost done with the class in 2 week Chapter 9: Discussion Questions (Pg 404-405) 2. What are some of the purposes of budgeting? 4....
In the figure below, a square of edge lengths is formed by four spheres of masses, m, M, m3, and m4. What is the x component and the y component of the net gravitational force from them on a central...
8 2x 2 = 3x + x
The Fitz Companys sales increased by 6%. At the same time its cost of sales increased by 7%. Gross profit therefore increased (decreased) by: mk52 a 3% b 1% c Not determinable from information given
4 Establish strategies to evaluate and select mutual funds that meet your investment goals.
Hamilton Processing Company uses a weighted-average process costing system and manufactures a single product'a premium rug shampoo and cleaner. The manufacturing activity for the month of October has...
Northeastern Bank has issued 5-year zero coupon bonds that has an unusual feature. The face value of the bonds at maturity depends on the price of the companys stock price (S T ) at maturity. The...
Using information from E6.4, determine the effect on the average check if seat turnover decreases from 2.7 to 2.0 times per day. LO1
If the total fixed and other identified operating costs are estimated to be $174,600 and all variable costs total 82% of total sales revenue, what is estimated total sales revenue? LO1
A control mechanism for a vending machine accepts nickels and dimes. It dispenses merchandise hen 20 cents is deposited; it does not give change if 25 cents is deposited. Design the FSM that...
Considering I am planning teamwork for a customer support team of the company Worlducation. Worlducation is a company that provides hardware and software to schools. The teamwork is mainly relates to...
Graph the population estimates from each method in 2016, 2017, and 2018 on a single graph withNand 95% CIs (estimated population size) on the y-axis and year on the x-axis. Include the minimum...
article review on " https://www.tandfonline.com/doi/pdf/10.1080/1331677X.2022.2052337?needAccess=true&role=button " and in the review please brief answer The first section of the paper should be a...
In response to PSA flight 1771 and Pan Am 103, The Airport Security Improvement Act of 1990 was promulgated and codified into law. This act caused pilots and flight crew to undergo screening. This is...
What role does indexing play in enhancing database performance, and how do various indexing techniques, such as B-trees and hash indexes, differ in terms of their effectiveness and applicability in...
The table below contains selected financial information included in the 2009 financial statements of Saks, Inc., and Dillards, Inc., two companies in the department store industry. Required: 1....
Determine the resultant moment produced by the forces about point O. 0.25 m 0.125 m, 0 0.3 m- 60 F = 500 N F = 600 N
The price of a security is the? A the present value of all future cash flows. B sum of all future profits. C the future value of all the future profits net of interest payments and taxes. D the...
True or False: Assume that a firm has a WACC of 15%. It is considering a project of typical risk that requires an investment of $1million today and generates annual profits of $250,000 for five...
Suppose you need to borrow money. Bank X charges 10.000% compounded monthly on its loans; Bank Y charges 10.300% semiannually; Bank Z charges 10.550% compounded annually. Which bank is best for you?

Average sales revenue of a restaurant with 90 seats for a month with a seat turnover of

Question:

Step by Step Answer:

Hospitality Management Accounting

Students also viewed these Business questions