Question
1. What is the seat turnover? 2.What is the net margin per menu? 3.What is the seat turnover of the restaurant? A restaurant has 80
1. What is the seat turnover?
2.What is the net margin per menu?
3.What is the seat turnover of the restaurant?
A restaurant has 80 seats.
Revenue for 1 year: 700 000 USD(31 285 menus sold)
The restaurant is openes everyday of the year excepted the Monday.
The variable expenses on each menu is 20% of the price.
The total fixed costs of the restaurant are 350 000 USD
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Cornerstones of Financial and Managerial Accounting
Authors: Rich Jones, Mowen, Hansen, Heitger
1st Edition
978-0324787351
