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Ripe Restaurant has yearly sales of $772, 945. Its cost of goods for all food...

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Accounting

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Ripe Restaurant has yearly sales of $772, 945. Its cost of goods for all food and beverages is 26%. Server wages for the year are $247,367. What is the Gross Margin in dollars and percent? Total yearly fixed expenses are $243,042. What is the break even level of sales? Ripe decides to buy a wood fired pizza oven. This will cost $60,000 including installation. What level of sales is required for payback of the capital

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