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Determine the pouring cost percent

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Reference no: EM132883503

Question - You determine the following information about a local bar:

Cost per liquor $4.48 (quart has 32 ounces) 1-1/4 ounces per drink

Sales tax $1.97

Total purchase of quarts 5000.00

Required -

1. Determine the pouring cost percent.

2. Determine gross receipts and gross profit.

3. What are the others variable to consider?

Reference no: EM132883503

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