A restaurant manager served 3,000 guests last January. For this coming January she predicts a decrease in

Question:

A restaurant manager served 3,000 guests last January. For this coming January she predicts a decrease in guests served of 8.0 %. What will be the number of guests this manager will forecast to serve this coming January?

a. 2,760

b. 2,240

c. 3,760

d. 3,240

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

Step by Step Answer:

Related Book For book-img-for-question

Managerial Accounting for the Hospitality Industry

ISBN: 978-1119386223

2nd edition

Authors: Lea R. Dopson, David K. Hayes

See More Books

Question Posted: Apr 30, 2018 01:18 AM

See More Questions

A restaurant manager served 50,000 covers last month and achieved a check average of $18.00. The mangers food cost was 28%. For next month the manager will raise menu prices by 5%. The manager...
Steven B. (age 42) and Debra S. (age 41) Marshall are married and live at 426 East Twin Oaks Road, Sioux Falls, SD 57105. Steven is the regional manager for a restaurant chain (Moveable Feast), and...
A cheese steward at a restaurant served 25-30 ounces of wine pours to guests at a particular table. The steward told the table server not to charge for the wine. The cheese steward looked for, but...
Suppose Targets stock has an expected return of 20% and a volatility of 40%, Hersheys stock has an expected return of 12% and a volatility of 30%, and these two stocks are uncorrelated. a. What is...
How have EEO laws changed over time? What do you think HR managers and first-line supervisors need to do to stay up to date on the changes in the laws?
In your view, what is the key to success in agile planning and why? Reference
More roulette. An American roulette wheel has 38 slots, of which 18 are black, 18 are red, and 2 are green. When the wheel is spun, the ball is equally likely to come to rest in any of the slots....
During 2011, Stanton Corporation reported after-tax net income of $3,600,000. During the year, the number of shares of stock outstanding remained constant at 10,000 of $100 par, 9 percent preferred...
Question # 2 : Pivot Partnership [ 1 6 Marks ] ( 2 4 Minutes ) Jonathan, Stuart, and Anna created BBJ , a website design partnership on January 1 , 2 0 2 3 . Jonathan invested $ 2 , 0 0 0 cash and a...
Your brother has just started a new job as the Controller of an IESBA restricted audit client. You do not serve on the audit engagement. What steps must you take to ensure your independence is not...
A restaurant manager achieved $72,500 in revenue last January. For this coming January she predicts a 5.5% increase in monthly sales. What will be this managers revenue forecast for this coming...
When a hotels room revenue forecasts are consistently and unrealistically too low they a. Result in under-aggressive room rate determinations and rates that are set too low. b. Cause unrealistic high...
A new consumer product is proposed. It is thought that 25 percent of the population will buy it. A critical question is how frequently buyers will use it. A judgment has been made that 95 percent of...
Find the derivative. 1 f(x)=(4x3+5x)1/3
(5.) The Alden Oil Company buys crude vegetable oil. The refining of this oil results in four products, A, B and C, which are liquids and D, which is heavy grease. The cost of the oil refined in 19_9...
Derivative of 4 0 0 0 / x + 4 0 + 0 . 1 x
covert the polar equation r = 8 3 c o s ( ) - 4 c o s ( ) t o cartesian
(2-4)2 <4 Let F (z) = e +4 4
Use a graphing utility to obtain a complete graph for each polynomial function in Exercises 7982. Then determine the number of real zeros and the number of imaginary zeros for each function. f(x) = x...
Write an essay describing the differing approaches of nursing leaders and managers to issues in practice. To complete this assignment, do the following: 1. Select an issue from the following list:...
The following procedures were recently installed by The Blind Shop: a. At the end of a shift, each cashier counts the cash in his or her cash register, unlocks the cash register record, and compares...
The following procedures were recently installed by The Blind Shop: a. At the end of a shift, each cashier counts the cash in his or her cash register, unlocks the cash register record, and compares...
Info-Mart Company is an investigative services firm that is owned and operated by Tom Wagner. On June 30, 2012, the end of the current fiscal year, the accountant for Info-Mart Company prepared an...
Docs Auto Body has budgeted the costs of the following repair time and parts activities for 2009: Doc's budgets 6,000 hours of repair time in 2009. A profit margin of $7 per labour hour will be added...
QUESTION 28 In a perpetual inventory system, the cost of inventory sold is: Debited to accounts receivable. Debited to cost of goods sold. O Not recorded at the time goods are sold. O Credited to...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $105,709 69,500 66,800 4,700 246,700 127,eee...

A restaurant manager served 3,000 guests last January. For this coming January she predicts a decrease in

Question:

Step by Step Answer:

Managerial Accounting for the Hospitality Industry

Students also viewed these Business questions