User Account

All Pages

Break-even point in covers total sales needed for 10000

Assignment Help Finance Basics
Reference no: EM13582662

This is the whole question

Total sales $120,000

Food sales 75%

Liquor cost 20%

Total cost of sales 35%

payroll $40,000

employee benefits 5%

remaining operating expenses $24,500

total fixed expenses $6,000

ticket average $22

Calculate

1. Break-even point in covers

2. Total sales needed for $10,000 bottom line

Reference no: EM13582662

Questions Cloud

A couple wants to save 50000 to buy some land they can : a couple wants to save 50000 to buy some land. they can save 400 a month in an account paying interest of 8 p.a.
What is the probability that a random sample of 100 medium : q1. suppose that the medium coffees sold by a certain coffee shop have a mean volume of 16 ounces and a standard
Will the interest expense reported in 2013 be the same as : on june 30 2012 mackes company issued 5000000 face value of 13 20-year bonds at 5376150 a yield of 12. mackes uses the
A companys board of directors votes to declare a cash : a companys board of directors votes to declare a cash dividend of 1.10 per share. the company has 22000 shares
Break-even point in covers total sales needed for 10000 : this is the whole questiontotal sales 120000food sales 75liquor cost 20total cost of sales 35payroll 40000employee
A company has 1600 shares of 50 par value 75 cumulative and : a company has 1600 shares of 50 par value 7.5 cumulative and nonparticipating preferred stock and 16000 shares of 10
How are customer tastes changing in the fast-food industry : the intent of case analyses is to interject a sense of realism into the process of marketing management education.it
Wissota co applies overhead based on direct labor hours the : wissota co. applies overhead based on direct labor hours. the variable overhead standard is 4 hours at 6 per hour.
Brimson has forecast sales for the next three months as : brimson has forecast sales for the next three months as follows july 4000 units august 6000 units september 7500 units.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd