10. You are doing business with a company in South Africa. Their currency is the South African Rand (R), and one Canadian dollar equals 13.33 R. If you need to send the company 3,000 R, how much is that in Canadian funds? a. close to $100. b. close to $40,000. c. close to $225 d. close to $2,000. e. none of the above. Il. Bryan Bessner has invested $800,000 in a small restaurant, containing 75 seats. He would like to see a 12% after-tax return on his investment this year. Bryan faces a personal tax rate of 38%. There are many costs involved in running a restaurant. Estimates indicate that variable costs will use up 72% of the revenue earned. Fixed costs would be: Salaries $122,000 Insurance 12,000 Licenses 5,000 Utilities 24,000 Also, depreciation on the restaurant building itself would be 10% of the building's $900,000 book value. Part of Bryan's investment in the restaurant came through a bank loan of $150,000, on which he will be paying 8.5% interest this year. . Please calculate the total amount of revenue that this restaurant will need to earn this year, in order to meet all costs and allow for Bryan's expected after-tax return. 4b. The 75-seat restaurant will be open only 5 days a week, for both lunch and dinner, for 50 weeks of the year. It is expected that on average the restaurant will operate at 90% capacity. About 35% of the revenue should come from lunch, and the rest from dinner. Turnover at lunch is expected to be 1.5, while at dinner the turnover is estimated at 1.1. Using all of this information, calculate the expected average check this year for EACH of lunch and dinner separately, which will enable Bryan to achieve his profit goal