Should the couple open the restaurant

Assignment Help Finance Basics

Reference no: EM13282300

The restaurant would serve dinner Tuesday through Saturday. Brian has noticed a restaurant for lease. The restaurant has seven tables, each of which can seat four. Tables can be moved together for a large party. Nui is planning two seatings per evening, and the restaurant will be open 50 weeks per year. 1) Compute annual breakeven number of meals and sales revenue for the restaurant. 2)Also compute the number the number of meals and the amount of sales revenue needed to earn operating income of $75,600? For the year. 3) How many meals must the Soons serve each night to earn their target income of $75,600? Should the couple open the restaurant? Support your answer.

Reference no: EM13282300

Questions Cloud

Through what potential difference did the charge move : A uniform electric field of magnitude 256 V/m is directed in the negative y direction. Through what potential difference did the charge move

Explain what is the reducing agent in the reaction : The sodium hypochlorite reacts with hydrochloric acid producing chlorine gas. What is the reducing agent in this reaction

Define and discuss the concepts of risk and return : Discuss the importance of portfolio diversification and the relationship to risk and return.

What is the acceleration of the yellow car : Two cars start from rest at a red stop light. When the light turns green, both cars accelerate forward. What is the acceleration of the yellow car

Should the couple open the restaurant : 3) How many meals must the Soons serve each night to earn their target income of $75,600? Should the couple open the restaurant? Support your answer.

Determine the tension in the right segment of the string : Consider a string with length 36 cm. The two ends are attached to the ceiling, separated by distance 30.0 cm. Determine the tension in the right segment of the string

Why is the optimal average cash balance : So the fewer withdrawal the less fees would occur, but the more money left in the bank, the more interest is being earned.

Obtain the radius of curvature of the mirror : You are standing 3.0 m from a convex security mirror in a store. Estimate the radius of curvature of the mirror

Explain what is the oxidation half-reaction for the step : Chlorine reacts with potassium iodide. What would the color of the resulting solution be. What is the oxidation half-reaction for this step.

User Account

All Pages