Question
Yummy Ice Cream leases space in Quakers Hill Mall. Under the lease, Yummy Ice Cream must pay a base rent of $2,000 per month plus
Yummy Ice Cream leases space in Quakers Hill Mall. Under the lease, Yummy Ice Cream must pay a base rent of $2,000 per month plus 5% of all sales revenue over $50,000 per month. What is the total rent for the month if Yummy Ice Cream has sales of $60,000 this month?
| a. | $3,000. | |
| b. | $5,000. | |
| c. | $2,500. | |
| d. | $4,500. |
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Basic Food And Beverage Cost Control
Authors: Jack E. Miller, David K. Hayes
1st Edition
0471579181, 978-0471579182
