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 75 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

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Electric Charges Electric Charges
Do not interact with a service dog unless you have permission from its owner. Do not interact with a service dog unless you have permission from its owner.
How to solve two inequalities at once (Part 2) How to solve two inequalities at once (Part 2)
How to calculate annuity when compounded semi-annually (Part 1) How to calculate annuity when compounded semi-annually (Part 1)
Part of a Semantic Network in Long-Term Memory Part of a Semantic Network in Long-Term Memory
Some of the common structural abnormalities seen in chromosomes. (a) In a deletion, part of a chromo Some of the common structural abnormalities seen in chromosomes. (a) In a deletion, part of a chromo
Video: Flexor reflex & Crossed extensor reflex

For a complete list of videos, visit our video library