Question 2 1.5 pts What is the level of sales needed to obtain a 15%...
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Accounting
Question 2 1.5 pts What is the level of sales needed to obtain a 15% ROI of $8,250,000 for a restaurant and cover all the costs? (Condition: the restaurant has two main products, food and beverage) Food generates 75% of total sales and $3,000,000 in food sales with a 34% food cost. Beverage with a CMR of.80. Tax rate is 18% and fixed costs are $500,000 annually

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