Question: In your first week operating the cafe, you only expect sales of 280 medium cups of coffee daily, Monday through Friday. You plan to sell

In your first week operating the cafe, you only expect sales of 280 medium cups of coffee daily, Monday through Friday. You plan to sell the specialty coffee for at $3.20 each. You also know that variable costs (coffee, cups, milk, etc.) average $0.60 per cup and weekly fixed expenses (rent, wages, etc.) are $5,800. 

▲ ▼What will be your revenues (dollar sales) for one week?

 ▲ ▼ What is your dollar margin for a cup of coffee? 

▲ ▼ What are your total costs for the week? 

▲ ▼ What is your total cash flow for the week presuming all expenses are paid as they occur?

Step by Step Solution

3.43 Rating (156 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Based on the given information here are the calculations for the questions asked Revenues dollar sal... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!