Question: Bart Masterson is considering leasing a 1 , 1 0 0 square foot restaurant location plans to open, in a space of about that size,
Bart Masterson is considering leasing a square foot restaurant location plans to open, in a space of about that size, an operation featuring Caribbeanstyle foods. The owner of the space wants a rent of $ per square foot per month for the location.
Bart feels he can make a good profit in this proposed location if his space rental cost is percent or less of his gross sales. Help Bart complete the worksheet he has begun to determine the annual sales volume his operation must generate to achieve a percent space rental cost in this proposed location, and then answer the questions that follow.
Bart's Proposed Rental Space
At what monthly total revenue would Bart's space rental cost equal percent of his sales?
At what annual total revenue would Bart's space rental cost equal percent of his sales?,
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