Bob owns a restaurant. The average price per order is $ 1 5 and the average variable
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Bob owns a restaurant. The average price per order is $ and the average variable cost per order is $ The restaurant remains open days a week for weeks per year. The rent, utilities and other related expenses are $ per month. Bob pays $ per month to his only employee in the restaurant. Bob also spends $ every year for renovation and maintenance. If Bob wants to earn a before tax profit of $ per month,
what should be the daily sales in dollars in the restaurant?
Related Book For
Managerial Decision Modeling With Spreadsheets
ISBN: 9780136115830
3rd Edition
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
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