Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

agri 10. NewMexicoFeasts Restaurant specializes in pizzas with green chile and pepperoni. Variable costs per pizza: a) Flour: $0.50 b) Yeast: $0.05 c) Water: $0.01

agri
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
10. NewMexicoFeasts Restaurant specializes in pizzas with green chile and pepperoni. Variable costs per pizza: a) Flour: $0.50 b) Yeast: $0.05 c) Water: $0.01 d) Cheese: $3.00 e) Pepperoni: $2.00 f) Green Chile: $0.27 g) Total: (1 point) Fixed costs per month: a) Labor: $1,500 b) Rent: $3,000 c) Insurance: $200 d) Advertising: $500 e) Utilities: $450 f) Total: (1 point) Based on the variable expenses per pizza, what is the minimum price NewMexicoFeasts must price their pizzas at to cover their variable costs? ( 2 points) If NewMexicoFeasts prices their pizza at $10, how much of the price per pizza is left over to cover fixed costs? ( 2 points) Based on the total fixed costs, how many pizzas priced at $10 would NewMexicoFeasts have to sell per month to cover monthly fixed costs? (5 points) 1. List the four forms of ratio analysis we use to analyze the financial standing of a firm. (4 points) 2. Differentiate (describe the difference between) ROE and ROA. ( 4 points) 3. Define the ratio abbreviated as IT. What does a high value of IT indicate about the firm? (4 points) 4. Describe the difference between a current ratio and a quick ratio. (4 points) 5. Briefly describe how a creditor (lender) would view a high Debt-to equity ratio. (4 points) 6. SoNMChile has the following financials: ( 4 points total, 2 points each) 9. Scenario for your Agribusiness: (10 points total, 1 point each) Divide each entry by the total assets (calculate the ratio for each and interpret) 10. NewMexicoreasts Kestaurant specializes in pizzas with green chile and pepperoni. 6. SoNMChile has the following financials: (4 points total, 2 points each) Calculate the ROE: Calculate the current ratio: 7. NuMexAwesomeHay has the following financials: (4 points total. 2 points each) Calculate the Coverage ratio: Calculate the Quick ratio: 8. NW New Mexico Produce Inc. has the following financial ratios in the left column. The industry average ratios are in the right column. Evaluate NW New Mexico Produce versus the industry average and briefly state your conclusion about the financial standing of NW New Mexico Produce using all three ratios. ( 6 points total, 2 points each) 9. Scenario for your Agribusiness: (10 points total, 1 point each)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance Theory And Practice

Authors: Anne Marie Ward

4th Edition

191235036X, 978-1912350360

More Books

Students also viewed these Finance questions

Question

Understanding Groups

Answered: 1 week ago