A restaurant has three main products. Fixed costs are $397,000 and the tax rate is...
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Accounting
A restaurant has three main products. Fixed costs are $397,000 and the tax rate is 35%. Other financial information is as follows: What are total sales (in dollars) needed to make an after tax profit of $200,000, assuming that the sales mix remains constant? How many drinks would they need to serve per week to make an after-tax profit of $200,000 ? (assume 52 weeks in a year)
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