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The Red Garden, a local Thai restaurant, expects sales to be $10,000 in January. Its average customer restaurant bills 545. Only 30% of the restaurant

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The Red Garden, a local Thai restaurant, expects sales to be $10,000 in January. Its average customer restaurant bills 545. Only 30% of the restaurant bills are paid with cash 60% ar paid with credit cards and 10% with debit cards. The transaction fees charged by the credit and debit card issuers are as follows Credit cards $0.20 per transaction 4% of the amount charged Debit cards: 50.15 per transaction. 2% of the amount charged Read the requirements 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? Requirements 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). TH 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. 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 incut in credit card transaction foes? 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 Requirement 7. How many customer transactions will be paid for by customers using debit cards? Requirement 7. How many customer transactions will be paid for by customers using debit cards? The number of customer transactions paid for by customers using debit cards is Requirement 8. When budgeting for January's operating expenses, how much should the restaurant expect to lingur in debit card transaction fees? In January, the restaurant should expect to incur debit card transaction fees of wir deposit the funds on the same day the transactions occur at the restaurant there is no processing delay) Requirements. How much morny will be deposited in the restaurants bank account during the month of January related to credit and dobit card sous ? Assunto the credit and debit card stas The amount that will be deported in the restaurant's bank account during the month of January method to credit and debit card Requirement 9. How much money will be deposited in the restaurants bank account during the month of January related to credit and debit card sales? Assume the credit and debit card issuer deposit the hands on the same day the transactions occur at the restaurant (there is no processing delay The amount that will be deposited in the restaurant's bank account during the month of January related to credit and debit card salesis Requirement 10. What is the total amount of money that the restaurant expects to deportinis 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 The amount that will be posted in the restaurants bank account during the month of January from cash, credit card and and debit card is

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