Find the number of meals sold 7,200 meals 7,000 meals 8,400 meals 7,400 meals 6,000 meals The
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Find the number of meals sold
7,200 meals 7,000 meals 8,400 meals 7,400 meals 6,000 meals The price of a meal at the Hunters' Inn is NIS 70. The rate of expenses that vary from the price of the meal is 60%. The fixed expenses per month amount to NIS 122,000. The tax rate applicable to innkeepers is 40%. How many meals must be sold during the month to make a profit after tax of NIS 60,000 per month?
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date: