Question 1 (2 points) Estimating Sales Forecast - Restaurant: You are a business owner of...
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Question 1 (2 points) Estimating Sales Forecast - Restaurant: You are a business owner of a European bakery with current annual sales of $225,000 and plan to offer seating for patrons to grow your sales. You decide on having 20 seats and estimate that the turnover will be 1.5 for the day with an average cheque amount of $6.50 per person. What would be the estimated average daily sales with the addition of seating? And what would be the estimated contribution to the overall annual sales at your bakery? $165; $60,060 $110; $40,040 $195; $70,980 $130, $47,320
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