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 58 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
Great answer, keep it coming :)


brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

For a complete list of videos, visit our video library