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0,10 TU pts 3 E3-27 (similar to) Question Help 0 The Rapid Meal has two restaurants...
The Rapid MealRapid Meal has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants together total $ 459 comma 000$459,000 per year. Service varies from a cup of coffee to full meals. The average sales check per customer is $ 8.50$8.50. The average cost of food and other variable costs for each customer is $ 3.40$3.40. The income tax rate is 3030%. Target net income is $ 107 comma 100$107,100. Requirements 1. Compute the...
The Rapid Meal has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants together total $459,000 per year. Service varies from a cup of coffee to full meals. The average sales check per customer is $8.50. The average cost of food and other variable costs for each customer is $3.40. The income tax rate is 30%. Target net income is $107,100. Requirements 1. Compute the revenues needed to earn the target net income. 2....
The Rapid Meal has two restaurants that are open 24 hours a day. Fored costs for the two restaurants together total $450,000 per year. Service varies from a cup of coffee toilets. The average sales check per customer is $9.50. The average cost of food and other variable costs for each customer is 5380. The income tax rate is 30%. Target net income is 5160,000 Requirements 1. Compute the revenues needed to eam the target net income. 2. How many...
The Express Banquet has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants together total $509,000 per year. Service varies from a cup of coffee to full meals. The average sales bill per customer is $9.50. The average cost of food and other variable costs for each customer is $3.80. The income tax rate is 30%. Target net income is $122,500. Required 1. Compute the revenues needed to earn the target net income. 2....
The Swift Meal has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants together total $459,000 per year. Service varies from a cup of coffee to full meals. The average sales check per customer is $8.50. The average cost of food and other variable costs for each customer is $3.40. The income tax rate is 30%. Target net income is $107,100. Requirements 1. Compute the revenues needed to earn the target net income. 2....
(0.6) The Express Banquet has tu restaurants together total $459.000 pe average sales check per customer nquet has two restaurants that are open 24-hours a day. Fixed costs for the tu total $459.000 per year. Service varies from a cup of coffee to full meals. The customer is $3.40. The income tax rate is 30%. Target net income is neck per customer is $8.50. The average cost of food and other variable costs for each ome tax rate is 30%....
(Q.6) The Express Banquet has two restaurants that are open 24-hours a day. Fixed costs for the two restaurants together total $459,000 per year. Service varies from a cup of coffee to full meals. The average sales check per customer is $8.50. The average cost of food and other variable costs for each customer is $3.40. The income tax rate is 30%. Target net income is S107.100. Questions: 1. Compute the revenues needed to earn the target net income. 2....
The Express BanquetExpress Banquet has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants together total $450,000 per year. Service varies from a cup of coffee to full meals. The average sales check per customer is $ 8.00.The average cost of food and other variable costs for each customer is $ 3.20 The income tax rate is 30%. Target net income is $105,000. Requirements 1. Compute the revenues needed to earn the target net...
The Express Meal has two restaraunts that are open 24 hours a day. Fixed costs for the two restaraunts together are $400,000 per year. The average sales check per customer is $8.50. The average cost of food and other variable costs for each customer is $3.50. The income tax rate is 30%. Target net income is $140,000. Requirements: a) compute the revenues needed to earn the target net income. b) how many customers are needed to break even? to earn...