Assume a restaurant's sales are set at 100%, variable costs total 75% of the sales revenue and all remaining known costs, including net income after tax total $98, 000. Using the bottom-up approach, what will sales revenue be? Answer: $ Ch 64 The owners have $780,800 invested in an 80-room motel and the owners want an after tax return on their investment of 10%. Occupancy is expected to be 79% in the next year and the tax rate is 34%, calculate the folowing: Return on investment AT): Operating income is: Calkulation income tax is: $ Ch 6:8 A famly restaurant has 135 seats. Total restaurant sales revenue for next year has been estimated at $1,804,000. The restaurant is open 365 days for lunch and dinner. It is open only sx days a week for breakfast. Seat turnovers are: breakfast 1.5, lunch 2.0, and dinner 1.25 Total revenue is broken down into 20% for breakfast, 45% for lunch, and 35% at diner. Calculate the restaurant's average check by meal period. Colculations: Breakfast Sales Revenue Breakdown Dinner Total sales revenue check by meal Breakfast Lunch: Dinner