5. What is the level of sales required for a restaurant in order to achieve a 10% ROI on an investment of $8,000,000 and cover all costs?

lTotal sales amount to $1,875,000

lFood generates 80% of sales with a cost of $444,000

lBeverage generates the remainder of sales with a cost of 25%

lThe restaurant's tax rate is 30%

lAnnual fixed costs amount to $1,000,000

Answer: