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A restaurant prepares 200.00 pizza slices and sells them at a rate of $11.00/slice. Expenses for the restaurant include raw material for pizza at $4.00 per slice, $123.00 for monthly rental and monthly insurance of $22.00. Lost sale are taken as $4.00 per unhappy customer. Leftover pizza can be sold for $2.00. The restaurant is open only for 25 days in a month. Today there was a party at nearby office so the demand for pizza went up to 229.00 slices. How much profit could the restaurant earn today? Submit Answer format: Currency Round to: O decimal places. Show Hint

A restaurant prepares 200.00 pizza slices and sells them at a rate of $11.00/slice. Expenses for the restaurant include raw material for pizza at $4.00 per slice, $123.00 for monthly rental and monthly insurance of $22.00. Lost sale are taken as $4.00 per unhappy customer. Leftover pizza can be sold for $2.00. The restaurant is open only for 25 days in a month. Today there was a party at nearby office so the demand for pizza went up to 229.00 slices. How much profit could the restaurant earn today? Submit Answer format: Currency Round to: O decimal places. Show Hint

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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A restaurant prepares 200.00 pizza slices and sells them at a rate of $11.00/slice. Expenses for the restaurant include raw material for pizza at $4.00 per slice, $123.00 for monthly rental and monthly insurance of $22.00. Lost sale are taken as $4.00 per unhappy customer. Leftover pizza can be sold for $2.00. The restaurant is open only for 25 days in a month. Today there was a party at nearby office so the demand for pizza went up to 229.00 slices. How much profit could the restaurant earn today? Submit Answer format: Currency Round to: O decimal places. Show Hint
Transcribed Image Text:A restaurant prepares 200.00 pizza slices and sells them at a rate of $11.00/slice. Expenses for the restaurant include raw material for pizza at $4.00 per slice, $123.00 for monthly rental and monthly insurance of $22.00. Lost sale are taken as $4.00 per unhappy customer. Leftover pizza can be sold for $2.00. The restaurant is open only for 25 days in a month. Today there was a party at nearby office so the demand for pizza went up to 229.00 slices. How much profit could the restaurant earn today? Submit Answer format: Currency Round to: O decimal places. Show Hint
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