In order to arrive at sales, many people use the bottom up ...

[javeds]

In order to arrive at sales, many people use the bottom up approach. The bottom up approach starts with deciding on what profit is desired and converting the profit to a percentage of sales.
 
  The sales figure is then divided by the amount of days in operation to achieve the daily sales figure. The daily figure is then broken down to calculate the theoretical average check, covers, time per meal period, seat turnover, etc. List the Pros & Cons of the bottom-up approach.

Question 2

For best results, when filling a torte with a mousse, prepare it enough in advance so that the gelatin has set and the mousse is firm.
 
  Indicate whether the statement is true or false

[gstein359]

Answer to Question 1

Pros:
 Provides an idea of what it would take to achieve a high EBITDA
 Gives scope into what figures should be
 Shows the potential of a business

Cons:
 Assumes profit before seeing whether profit is possible
 Can provide false hope to investors
 Assuming low profit can provide comfort to the operator

Answer to Question 2

F