Author Question: Many times banquets are planned and booked several months in advance, however, the price is not ... (Read 43 times)

HudsonKB16 · **on:** Aug 10, 2018

Many times banquets are planned and booked several months in advance, however, the price is not confirmed until one week prior to the function.

Indicate whether the statement is true or false

Question 2

A manager using the ratio pricing method has anentre whose ingredient costs are 4.00 . The manager's nonfood and profit ratio is 2.5 . Whatwill be the selling price of the item?

a. 6.50
b. 10.00
c. 12.50
d. 14.00