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iris [78.8K]
3 years ago
6

Suitable options to solve the financial problem of a restaurant owner

Business
1 answer:
kondor19780726 [428]3 years ago
3 0

Answer:SBA Loans for Restaurants. ...

Restaurant Equipment Financing. ...

(Unsecured or Secured) Business Lines of Credit. ...

Unsecured Restaurant Business Loans. ...

Restaurant Cash Advances.

Explanation:

You might be interested in
an organization that seeks to operate efficiently and effectively to achieve its goals without focusing on profit as a motive
Likurg_2 [28]

Answer: A non profit organization

Explanation: A non profit organization is an establishment created to perform efficiently and effectively, without necessarily making profit as its aim.

They most times function in the area of humanitarian needs, health and medicine, financially empowering the unemployed in communities.

The non profit organization are most times sponsored by government of nations, international bodies ( such as UN, WHO, UNESCO).

6 0
3 years ago
The following information is available for Chap Company.Sales: 350,000Cost of goods sold: 120,000Total fixed expenses: 60,000Tot
vivado [14]

Answer:

A. Contribution margin of $250,000 and C. Gross profit of $230,000.

Explanation:

Sales = $350,000

Cost of goods sold = $120,000

Total fixed expenses = $60,000

Total variable expenses = $100,000

Therefore,

Gross profit = Sales - Cost of goods sold

                    = $350,000 - $120,000

                    = $230,000

Contribution margin = Sales - Total variable cost

                                  = $350,000 - $100,000

                                  = $250,000

The right options are A. Contribution margin of $250,000 and C. Gross profit of $230,000.

4 0
4 years ago
How often should a financial checkup be completed
ryzh [129]

Answer:

a financial checkup should be completed annually.

7 0
3 years ago
When coded in a WHERE clause, which search condition will return invoices when payment_date isn’t null and invoice_total is grea
tia_tia [17]

<u>Answer:</u>

Option d is the correct answer, i.e; payment_date IS NOT NULL AND invoice_total >= 500

<u>Explanation:</u>

When coded in a WHERE clause, which search condition will return invoices when payment date isn’t null and invoice total is greater than or equal to $500 then payment_date IS NOT NULL AND invoice_total >= 500 and the remaining options are wrong.

Therefore, the Option with, i.e; payment_date IS NOT NULL AND invoice_total >= 500 is the correct answer.

4 0
3 years ago
If a bank amortized a loan of 11600000 at 6.9% for 5 years what will the annual payment on the loan be?
kkurt [141]
The final answer is $71,387,708,456.80

First, you plug the variables into the equation.

11600000(1 + 6.9) ^{5}
The answer to that is 356,938,542,284. This is the total amount that is due at the end of the five years.

You then divide that by 5 to get the amount paid each year, thus leaving you with $71,387,708,456.80
6 0
3 years ago
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