Question
You are part of a group of owners who wish to invest money into a new tour business. Use the information below to calculate the
You are part of a group of owners who wish to invest money into a new tour business. Use the information below to calculate the required information asked of you for this question, using the Bottom-Up Pricing method.
*Note*
Only find the answer to the single question being asked of you in this question; do not complete all the Bottom-Up Pricing steps. Previous steps information is provided below to assist you.
Calculate the Revenue required to meet the owners desired rate of return. Round to the nearest dollar.
I need a problem-solving process
| Gross Profit | $277742 |
| New Equipment Value | $149162 |
| Loan Amount | $328410 |
| Interest Rate % | 13% |
| Food Cost % | 17% |
| Variable Wage % | 22% |
| Other Variable Expenses % | 12% |
| Maximum # of Tour Guests per Tour | 24 |
| Average Occupancy % of Tours | 93% |
| # of Tours per month | 12 |
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Green Energy Audit Of Buildings A Guide For A Sustainable Energy Audit Of Buildings
Authors: Giuliano Dall’O’
2013 Edition
1447161726, 978-1447161721
