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Question - A restaurant has 50 seats, open 200 days a year, an average check of $15 an average variable cost of $6, fixed costs of $250,000 with annual sales of $ 900,000. Answer the following:
1. How many meals did the restaurant serve?
2. What is the seat turnover?
3. What was the income of the restaurant?
4 If the restaurant wanted to make a before tax income of $290,000 how many meals would they need to serve?
5. How many meals did they serve per day?
Explain the purpose of recording and using information management systems in a business and how are these used to support the company.
The Ewing Distribution Company is planning a $80 million, Calculate weighted cost of capital that is appropriate to use in evaluating this expansion program.
Job Order Costing what are the three costs that would go on a job order cost sheet? How would a business apply overhead on a job order cost sheet? Provide an example.
What is the couple marriage penalty or benefit? If they were to file separate tax returns, Lisa would have reported taxable income of $130,500
Prepare the capital accounts of the partners in column format and balance the accounts properly. Croissant, Muffin and Crème Danish
Determine whether the company's pro?t increased, decreased, or remained unchanged during this three-year period. Calculate the pro?t percentage
Find What was Caterpillar's book debt-to-value ratio? (Do not round intermediate calculations. Enter your answer as a decimal rounded to 2 decimal places.)
Calculate the total dividends for each year and the amount paid to each class of shares, assuming the preferred dividend is NOT cumulative
Question 1: What is the null hypothesis? Question 2: What is the alternate hypothesis?
Vanessa moves to Germany on July 15 of the current year. She is 35 and has lived in Canada all of her life. Which one of the following best indicates Vanessa’s Canadian residency status for the current year?
Budgeted fixed costs for the company are $15,000. What is the budgeted amount for operating income for 5,000 bird feeders.?
Prepare the single journal entry to record the formation of this partnership. Arthur contributes $250,000 cash and Barnett contributes $230,000 in cash.
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