Financial management chapter 8

Cassie Lynn, owner of the 100-seat CL's Cafe, provides you with cost and other information as follows: Monthly foxed costs Variable cost percentage Owners equity Desired ROI Average tax rate -$40,000 -60% -$240,000 20% -30% Resuired: 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 tumover is an average of 2 per day for the 24 days it is open in February? R. Tyler's lodging establishment, the Tyler Motel, has 20 doubles and 10 single room. The average daly rate (ADR) Is $48. Assume 24 rooms are sold each night. Assumed Sales MIX Singles Doubles 12 10 12 12 16 14 12 ADR Slogies Doubles Required Complete the following: Room Rates for Doubles Compared with Singles 1.510 2.520 3. 10% higher 4:30% higher Cassie Lynn, owner of the 100-seat CL's Cafe, provides you with cost and other information as follows: Monthly foxed costs Variable cost percentage Owners equity Desired ROI Average tax rate -$40,000 -60% -$240,000 20% -30% Resuired: 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 tumover is an average of 2 per day for the 24 days it is open in February? R. Tyler's lodging establishment, the Tyler Motel, has 20 doubles and 10 single room. The average daly rate (ADR) Is $48. Assume 24 rooms are sold each night. Assumed Sales MIX Singles Doubles 12 10 12 12 16 14 12 ADR Slogies Doubles Required Complete the following: Room Rates for Doubles Compared with Singles 1.510 2.520 3. 10% higher 4:30% higher