Question
1. Annual sales revenue per restaurant seat is calculated by dividing total annual sales revenue by the number of seats in the restaurant. A. True
1. Annual sales revenue per restaurant seat is calculated by dividing total annual sales revenue by the number of seats in the restaurant.
A. True
B. False
2. Accounts receivable turnover is:
A. The average number of days that accounts receivable is outstanding
B. Total sales revenue for a period divided by average accounts receivable during that period
C. Normally about two to four times a month in a hotel
D. Calculated by dividing total sales revenue for a year by 365
3. Room rates cannot be calculated based on the square foot area of the various size rooms.
A. True
B. False
4. A method of menu analysis that concerns itself with each menu items popularity combined with its contribution margin (gross margin) is known as:
A. Popularity analysis
B. Gross margin analysis
C. Menu factoring
D. Menu engineering
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