Maurice Tutor

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About Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 5 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 30 Dec 2017 My Price 5.00

La Pilotta

C VP, in c ome ta x es.

La Pilotta has two restaurants in Lausanne that are open 24 hours a day. Fixed costs for the two restaurants together total SFr 450 000 per year. Service varies from a cup of coffee to full meals. The average bill for each customer is SFr 8.00. The average cost of food and other variable costs for each customer is SFr 3.20. The income tax rate is 30%. Target net profit is SFr 105 000.

Required

1 Calculate the revenues needed to obtain the target net profit.

2 How much in sales terms is needed (a) to earn net income of SFr 105 000, and (b) to break even?

3 Calculate net income if the number of bills is 150 000.

Answers

(5)
Status NEW Posted 30 Dec 2017 11:12 PM My Price 5.00

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