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Total sales amount to $2,000,000 Food generates 75% of total sales Food cost is $500,000 Beverages generated sales of $300,000 with a CMR of 0.85
Total sales amount to $2,000,000 Food generates 75% of total sales Food cost is $500,000 Beverages generated sales of $300,000 with a CMR of 0.85 The gift store generated the remaining sales at a cost of 30% Tax rate is 27% Annual xed costs total $1,500,000 Using this information. answer the following questions: 1. What is the level of sales needed to achieve a 12% ROI on an investment of $9,000,000 while covering all costs for the following restaurant? 2. What is the Net Income required? 3. What is the Pre-tax Income? 4. What is the CMRw? 5. What are the sales required to cover all costs and prots
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