This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A restaurant owner is part of a franchised chain that charges a 3.4% royalty fee on all sales. Last ... (Read 76 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Aug 15, 2020

Question 1

A new restaurant operation will cost $1 million to open. The operation's owner has $400,000 in personal funds that will be used for the project but must borrow an additional $600,000. If the additional money is borrowed, what percentage of this project will be equity funded?
◦ 10%
◦ 40%
◦ 60%
◦ 100%

Question 2

A restaurant owner is part of a franchised chain that charges a 3.4% royalty fee on all sales. Last month the owner's restaurant achieved $200,000 in sales. What is the amount of the royalty fee owed by the owner for last month's sales?
◦ $588
◦ $680
◦ $5,882
◦ $6,800
The Professional Restaurant Manager ¦ Hayes, Miller, Ninemeier ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rosent76 on Aug 15, 2020

shayla

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Aug 15, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


rosent76

  • Member
  • Posts: 516
Reply 2 on: Aug 15, 2020
YES! Correct, THANKS for helping me on my review

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Polymerase chain reaction (PCR) Polymerase chain reaction (PCR)
Saguaro National Park in Arizona, part of the Sonoran Desert Saguaro National Park in Arizona, part of the Sonoran Desert
How to find the anti-derivative of a function (Part 1) How to find the anti-derivative of a function (Part 1)
How to solve two inequalities at once (Part 2) How to solve two inequalities at once (Part 2)
How to use the laws of exponents to simplify an expression (Part 2) How to use the laws of exponents to simplify an expression (Part 2)
How to find the unknown angle of a triangle using the sine law (Part 2) How to find the unknown angle of a triangle using the sine law (Part 2)
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library