Items owned by a business are referred to as O revenue. income. assets. O liabilities Question 30 (3.3 points) Based on the following data, what would be this operation's two-day weighted check average? Revenue Guests Served Average Sale Per Guest $8.00 $14.00 Saturday Sunday $ 2,000 $ 1,400 250 100 $9.71 $16.00 $8.00 $12.29 Which ratio is calculated using the formula: (Cash+Marketable Securities + Accounts Receivable) + Current Liabilities? Activity ratio Solvency ratio Current ratio Quick (Acid-Test) ratio Question 28 (3.4 points) Which term best describes the difference between all recorded revenue transactions in a business and all of the business's recorded expense transactions? Net income Non-controllable expenses Prime costs Gross operating profit Which of the following is calculated as: Current Assets - Current Liabilities? Liquidity Cash flow Fresh cash flow Working capital Question 26 (3.3 points) A bar manager estimates her next month's beverage revenue will be $85,200. The bar manager forecasts her Cost of Sales: Beverages for next month to be 22%. What would be amount of this manager's forecasted Cost of Sales: Beverages for next month? $38,927 $18,744 $18,944 $38,727