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Owner Kay Fay is considering franchising her Oriental Express restaurant concept. She believes people will pay $5.50 for a large bowl of noodles. Variable costs are $2.75 a bowl. Fay estimates monthly fixed costs for franchisees at $8,750. 1. Use the contribution margin ratio shortcut approach to find franchisees breakeven sales in dollars. 2. Is franchising a good idea for Fay if franchisees want a minimum monthly operating income of $3,500 and Fay believes most locations could generate $24,000 in monthly sales?
Korner Hardware manager Emerson Jones is interested in determining how many nativity scenes to order for the 12-day holiday season. Past experience indicates that demand for these
You have figured out that, for your research, you need 20 classes of Biology 101 students to complete your questionnaire. You estimate that the average student will complete the qu
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Write a job description for a position in tomorrow's business environment
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Define financial leverage and give two examples to support your definition?
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