Financial management chapter 8

Cassie Lynn, owner of the 100-seat CLS Caf, provides you with cost and other information as follows: Monthly fixed costs Variable cost percentage Owner's equity Desired ROI Average tax rate S40,000 -60% $240,000 - 204 -30% Required. 1. What are the monthly breakeven sales? 2. What are the monthly revenues when the desired profits are cared? 3. What is the average food service check if the seat turnover is an average of 2 per day for the 24 days it is open in February