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The Red Fusion, a local Thai restaurant, expects sales to be $910,000 in January. Its average customer restaurant bil is $65. Only 20% of tho

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The Red Fusion, a local Thai restaurant, expects sales to be $910,000 in January. Its average customer restaurant bil is $65. Only 20% of tho restaurant bills are paid with cash; 60% are paid with credit cards and 20% with debit cards. The transaction foes charged by the credit and debit card issuers are as follows Credit cards: $0.50 per transaction + 2% of the amount charged Debit cards: $0.55 per transaction + 1% of the amount charged Read the requirements - x Requirements 1. How much of the total sales revenue is expected to be paid in cash? 2. How many customer transactions does the company expect in January? 3. How much of the total sales revenue is expected to be paid with credit cards? 4. How many customer transactions will be paid for by customers using credit cards? 5. When budgeting for January's operating expenses, how much should the restaurant expect to incur in credit card transaction fees? 6. How much of the total sales revenue is expected to be paid with debit cards? 7. How many customer transactions will be paid for by customers using debit cards? 8. When budgeting for January's operating expenses, how much should the restaurant expect to incur in debit card transaction fees? 9. How much money will be deposited in the restaurant's bank account during the month of January related to credit and debit card sales? Assume the credit and debit card issuers deposit the funds on the same day the transactions occur at the restaurant (there is no processing delay). 10. What is the total amount of money that the restaurant expects to deposit in its bank account during the month of January from cash, credit card, and debit card sales? Again assume the credit and debit card issuers deposit the funds on the same day that the transaction occurs. u hoy Requirement 1. How much of the total sales revenue is expected to be paid in cash? The total sales revenue expected to be paid in cash is Requirement 2. How many customer transactions does the company expect in January In January, the number of transactions the company expects is Requirement 3. How much of the total sales revenue is expected to be paid with credit cards? The total sales revenue expected to be paid with credit cards is Requirement 4. How many customer transactions will be paid for by customers using credit cards? The number of customer transactions paid for using credit cards is Requirement 5. When budgeting for January's operating expenses, how much should the restaurant expect to incur in credit card transaction fees? In January, the restaurant should expect to incur transaction fees of Requirement 6. How much of the total sales revenue is expected to be paid with debit cards? The total sales revenue expected to be paid with debit cards is Theo Mequirement How I forbyer The of the young Requirement. When using for an einen how much show the rest one can action? wy, the studento contactenos out the restore there is no processing Requirement. How much money wit de decolo in the bank account aangemories to constant detil cart are the entidade carne de post that it on the new heat The most but will be des the starts to account during the month of January to cart Requirement 10 at the tour of neytraterestreets to speak in its bars account during the monary to created as one to creat and deteca deposit funds on the same tay treat the transactions The wou will be deed in the reason during the way from credit card and dia

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