This topic contains a solution. Click here to go to the answer

Author Question: A restaurant is open 250 days a year, has 150 seats and does 2.2 turns per day. If the average check ... (Read 55 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
A restaurant is open 250 days a year, has 150 seats and does 2.2 turns per day. If the average check is 27.00, what is the total revenue for the year?
 
  a. 3,250,430
  b. 1,550,400
  c. 4,750,200
  d. 3,520,800
  e. 2,227,500

Question 2

A restaurant has generated 850,000 in sales for the year. There were 24,000 covers that generated 6.73 in profit per cover. What is the expense ratio for this restaurant?
 
  a. 19
  b. 52
  c. 84
  d. 81
  e. 65



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

elyse44

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

E

Answer to Question 2

D




LCritchfi

  • Member
  • Posts: 519
Reply 2 on: Aug 10, 2018
Thanks for the timely response, appreciate it


raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

For a complete list of videos, visit our video library