Business, 02.04.2020 01:18 FailingstudentXD
The Swift Meal has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants together total $456,000 per year. Service varies from a cup of coffee to full meals. The average sales check 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 $159,600.
Required:
1. Compute the revenues needed to earn the target net income.
2. How many customers are needed to break even? To earn a net income of $159,600?
3. Compute net income if the number of customers is 145,000.
Answers: 1
Business, 22.06.2019 08:00
How do communism and socialism differ in terms of the role that government plays in the economy ?
Answers: 1
Business, 22.06.2019 11:00
%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket
Answers: 1
Business, 22.06.2019 15:20
Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.
Answers: 1
Business, 22.06.2019 18:20
Now ray has had the tires for two months and he notices that the tread has started to pull away from the tire. he has already contacted the place who sold the tires and calmly and accurately explained the problem. they didn’t him because they no longer carry that tire. so he talked with the manager and he still did not get the tire replaced. his consumer rights are being violated. pretend you are ray and write a letter to the company’s headquarters. here are some points to keep in mind when writing the letter: include your name, address, and account number, if appropriate. describe your purchase (name of product, serial numbers, date and location of purchase). state the problem and give the history of how you tried to resolve the problem. ask for a specific action. include how you can be reached.
Answers: 3
The Swift Meal has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants...
Mathematics, 21.06.2019 22:00
History, 21.06.2019 22:00
Mathematics, 21.06.2019 22:00
Mathematics, 21.06.2019 22:00
Biology, 21.06.2019 22:00
Social Studies, 21.06.2019 22:00
Biology, 21.06.2019 22:00
Mathematics, 21.06.2019 22:00
Health, 21.06.2019 22:00