Jason is completing a feasibility study for a new restaurant. He estimates that the restaurant will achieve
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Jason is completing a feasibility study for a new restaurant. He estimates that the restaurant will achieve an average spend per cover of $32.50 and the Cost of Goods Sold will be $11.20. If the spend per cover could be increased to $40.00 and the ratio of Cost of Goods Sold to the cover sales value remained constant, what would be the Gross Profit Per Cover?
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Financial Analysis with Microsoft Excel
ISBN: 978-1285432274
7th edition
Authors: Timothy R. Mayes, Todd M. Shank
Posted Date: