Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A restaurant has 90 seats. Total annual sales revenue for next year is projected to be $975,000. The restaurant is open 52 weeks a year,
A restaurant has 90 seats. Total annual sales revenue for next year is projected to be $975,000. The restaurant is open 52 weeks a year, seven days a week, and serves breakfast and lunch 6 days a week. Seat turnover per day is anticipated to be 1.2 times for breakfast, 1.25 times for lunch, and 1.20 times for dinner. Sales revenue is derived at 20% from breakfast, 30% from lunch, and 50% from dinner. Calculate the restaurants average check by meal period.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started