P$6\mathrm{.}1$ A $-$ Hint $-$ See page $250$ for help with this!

Net Income Required $$17,600\mathrm{.}00$

Tax Rate $28\%$

Target Net Income Before Tax: $$24,444\mathrm{.}44$

Sales Revenue Calculation:

Known Costs

Net Income $$17,600\mathrm{.}00$

Income Tax $$6,844\mathrm{.}44$

Insurance $$3,000\mathrm{.}00$

License $$2,500\mathrm{.}00$

Utilities $$8,400\mathrm{.}00$

Maintenance $$3,600\mathrm{.}00$

Administration $$9,800\mathrm{.}00$

Salaries $$41,600\mathrm{.}00$

Depreciation $$15,200\mathrm{.}00$

Interest $$2,800\mathrm{.}00$

Total

$$111,344\mathrm{.}44$

Variable Costs

Food $38\%$

Wage $34\%$

Other $12\%$

Remaining Margin: $16\%$

Target Sales Revenue: $$695,902\mathrm{.}78$

P$6\mathrm{.}1$ B

Days

Seats

Turnover

Average Check #DIV$/0!$

P$6\mathrm{.}2$

Net Income Required

Tax Rate

Target Net Income Before Tax: $$0\mathrm{.}00$

Sales Revenue Calculation:

Known Costs

Net Income $$0\mathrm{.}00$

Income Tax $$0\mathrm{.}00$

Interest

Depreciation: Build

Depreciation: Furn & Fix

Other Known Fixed Costs

Other Expenses

Other Income

Total Sales Revenue $$0\mathrm{.}00$

Average Room Rate

Rooms

Occupancy

Days In Year

Average Room Rate #DIV$/0!$ from the information ablove calaulate the steps in P$6\mathrm{.}1$ B and P$6\mathrm{.}2$