Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 15, 2024

You determine the following information about a local bar: Cost per liquor quart 4.48 Quart has 32 ounces 1-1/4 ounces per drink sales tax per

You determine the following information about a local bar:

Cost per liquor quart 4.48

Quart has 32 ounces

1-1/4 ounces per drink

sales tax per bottle 1.97

total purchase of quart 5,000

Determine the pouring cost percent. Determine gross receipts and gross profits. What are other variables to consider?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Construction Safety Auditing Made Easy A Checklist Approach To OSHA Compliance

Authors: Kathleen Hess-Kosa

2nd Edition

0865879796, 978-0865879799

More Books

Students also viewed these Accounting questions

Question

★★★★★

Two aqueous solutions of AgNO 3 and NaCl are mixed. Which of the following diagrams best represents the mixture?

Answered: 1 week ago

Question

★★★★★

2 Is there a relationship between country of origin of the expatriate and success or failure in an assignment (e.g. are Dutch managers more successful expatriates than British or Japanese managers)?...

Answered: 1 week ago

Question

★★★★★

36. Consider two boxes, one containing one black and one white marble, the other, two black and one white marble. A box is selected at random and a marble is drawn at random from the selected box....

Answered: 1 week ago

Question

★★★★★

Pringle Company distributes a single product. The companys sales and expenses for a recent month follow: Required: 1. What is the monthly break-even point in units sold and in sales dollars? 2....

Answered: 1 week ago

Question

★★★★★

You determine the following information about a local bar: Cost per liquor quart 4.48 Quart has 32 ounces 1-1/4 ounces per drink sales tax per bottle 1.97 total purchase of quart 5,000 Determine the...

Answered: 1 week ago

Question

★★★★★

Company I-fall's market capitalization is currently $50million. Its debt is $90 million. All their debts are due in one year. Asset volatility is 40% while expected return on asset is 14.71%. ...

Answered: 1 week ago

Question

★★★★★

Question 4 [Soalan 41 Table 4.1 shows the means of the yield of cucumbers (kg) for different types of fertilizer to the nutrient concentration levels. [Jadual 4.1 dibawah menunjukkan purata hasil...

Answered: 1 week ago

Question

★★★★★

Amelie is setting up in business importing French cheeses. She could open up a small shop, a large outlet, or no shop at all if she decides to sell online only (which she won't be able to do for...

Answered: 1 week ago

Question

★★★★★

Describe the wicked problem in detail - when did it become an issue for the organization; which aspects of the problem are you most concerned about; who is affected; etc. Your Initial thought about...

Answered: 1 week ago

Question

★★★★★

This is a "critical thinking" Partnership project. Perform some Internet research and read about the Diffusion of Innovation (Rogers, 1962) and the 5 types of Human Adopter Groups that must be...

Answered: 1 week ago

Question

★★★★★

Based on the WCDM screen, how can we compare Italy and Japan in terms of overall default risk on their debt? Japan has over 3x the total debt of Italy, and a worse credit rating, so its credit...

Answered: 1 week ago

Question

★★★★★

Think of a person with whom you have recently had a disagreement who isnt willing to discuss the situation with you. What might be causing this reluctance? And which technique might best help you...

Answered: 1 week ago

Question

★★★★★

Are there certain people with whom you engage in more challenging strategies than others? Do you engage in conflict with strangers more or less than you do with people who are important to you?

Answered: 1 week ago

Question

★★★★★

1 Is forgiving those who do harm an acceptable outcome for a conflict of this magnitude? Did the reaction of the Amish to their childrens killer and to his family effectively resolve the conflict, or...

Answered: 1 week ago

Previous Question Next Question