You have the following projections about the costs of a family restaurant for next year: - Net income after tax required: $1,250,000 - Tax rate: 36%. - Depreciation: $38,000 - Interest: 12,000 - Other fixed charges: 150,000 - Total variable costs (including food, labor, and others): 65%Known Costs Variable CostsInsurance $ 3,000 Food cost, 36% of sales revenueLicense 2,500 Wage cost, 34% of sales revenueUtilities 8,400 Other costs, 12% of sales revenueMaintenance 3,600Administration 9,800Salaries 32,400a. What sales revenue would the restaurant have to achieve next year in order to acquire the desired net income after tax?b. What is the required average check needed to achieve the annual revenue objective if the restaurant is open 365 days, had 60 seats, and had an average seat turnover of 2.5 times per day?

Walmart’s scm system walmart is famous for its low prices, and you may have experienced its low prices first-hand. at least, you have probably seen its motto, “always low prices— always.” one of the biggest reasons walmart is able to sell at prices lower than almost everyone else is that it has a superefficient supply chain. its it-enabled supply chain management system is the envy of the industry because it drives excess time and unnecessary costs out of the supply chain. so, because walmart can buy low, it sells low. as a matter of fact, if your company wants to sell items to walmart for it to sell in its stores, you will have to do business with it electronically. if your company can’t do that, walmart won’t buy anything from you. log on to walmart’s web site (), search for supplier information, and find out what walmart’s requirements are for its suppliers to do business with it electronically. prepare a brief summary of its requirements for presentation in clas

Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as