A restaurant has 48 seats with an average cheque of $10.32 and a daily seat...

90.2K

Verified Solution

Question

Accounting

A restaurant has 48 seats with an average cheque of $10.32 and a daily seat turnover of 3.8 this year. It is closed on Saturdays and Sundays. The average cheque is forecast to increase by 10% next year. Other factors are expected to remain the same. What is next year's budgeted revenue? Calculate to the nearest whole dollar.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students