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(Solved): Paul believes the restaurant could greatly improve its profftability by reducing the complexity and ...




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student submitted image, transcription available below
Paul believes the restaurant could greatly improve its profftability by reducing the complexity and selling price of its entrees to increase the rimber of clients that it senver. It would then mofe hewvily market its appetizers und beverages He is proposing to reduce the contribution margin ratio on themain entrees to by dropping the average selling price. He envisions an expansion of the restaurant that would increase fixed costs by . At the same time, he is proposing to change the sales mix to the following. Compute the total restaurant sales, and the sales of each product line that would be necessary to achieve the desired target net Compute the total restaurant sales, and the sales of each product line that would be necessary to achieve the desired target net income . 1Round intermediate calatations to 3 decimal places es. 10.251 and finat answers to 0 decimal places, eg. 25101 Total restaurant sales


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