Business, 17.03.2020 00:27 DESTROYERMODE2308

The Express Meal has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants together total $ 451 comma 000 per year. Service varies from a cup of coffee to full meals. The average sales check per customer is $ 8.20. The average cost of food and other variable costs for each customer is $ 4.10. The income tax rate is 30%. Target net income is $ 114 comma 800. Requirements 1. Compute the revenues needed to earn the target net income. 2. How many customers are needed to break even

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The Express Meal has two restaurants that are open 24 hours a day. Fixed costs for the two restauran...