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An operation had sales of $39,000 in an accounting period. The operation's food cost for the period was 38 percent. The operation spent $6,000 on

An operation had sales of $39,000 in an accounting period. The operation's food cost for the period was 38 percent. The operation spent $6,000 on meat in the period. What was the operation's meat cost percentage for the period?

An owner is building a new operation and calculates that it can achieve $400 in sales per square foot built. The own feels that to achieve a desired 18 percent ROI the operation must generate $1,100,000 in annual revenue. How large should the owner's new facility be to generate the desired level of annual revenue?

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