Question
A. What is the initial budgeted Profit (before Tax) Being planned for the current year, given the following information? - - - Revenue (Food)
A. What is the initial budgeted Profit (before Tax) Being planned for the current year, given the following information? - - - Revenue (Food) Revenue (Beverage) Food cost - Beverage cost - - - Labor cost (payroll) Employee benefits $975,000 $135,000 = 31% of food revenue = 22% of beverage revenue = 34% of total revenue = 18% of labor cost (payroll) Other operating expenses = 14% of total revenue - All fixed cost = 8% of total revenue
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
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