26 Jul CREATE A GRAPH SHOWING REVENUES AND FOOD COSTS FROM YOUR FIRST 6 DAYS OF SERVING FOOD.
You have always wanted to own a restaurant and have now decided to go into business purchase a buil Show more You have always wanted to own a restaurant and have now decided to go into business purchase a building and open an Italian Bistro. The items listed below provide information regarding the purchases you will need to make to start your business. 1) The building and the land it sits on will cost $250000 and you have 20% to put down on the property. Annual taxes are $6000 and fire and liability insurance is $3600. Assumed that the loan is taken at 7.5% borrowing rate for a period of 10. Find the monthly payment. please show your work. 2) Research suggests that the average receipt total per person is $12.80 and the average cost per meal is $6.86 for the Italian restaurants in your area. The research also suggests that tables are turned over for new customers between 13 and 21 times a day in your area and that restaurants have between 40% and 60% occupancy fill rate each day Create a graph showing revenues and food costs from your first 6 days of serving food. Present the average receipt total per person the average cost per meal number of times a table is sat or turned over and fill rate or occupancy rate to estimate your restaurants revenues. Show less
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