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uysha [10]
3 years ago
12

Generally, parties of 8 or more require many restaurants to include gratuity of 18% on the check before presenting to the guest.

For a party of 12 and a total check in the amount of $191.40, what is the gratuity amount added to the check for this large party?
Business
1 answer:
Sophie [7]3 years ago
5 0

Answer:

The gratuity amount that added is $34.452

Explanation:

According to the given scenario, the calculation of the gratuity amount that added is given below:

= Total check in the amount × gratuity percentage

= $191.40 × 18%

= $34.452

Basically we multiplied the total check amount with the gratuity percentage so that the gratuity amount could come

Thus, the gratuity amount that added is $34.452

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Explanation:

Building up strong customer relationships includes following techniques:

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In the given case, the moment Roger knew that he wasn't sure of the information asked for, he immediately rang up his superior to get the exact correct information so as not to disappoint the customer.

This technique relates to responding to every concern by a customer.

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Zoe buys 50 pounds of frozen peaches each month to make her famous peach cobbler that she sells in her bakery. If Zoe believes t
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On January 1, 2016, Sheldon Unlimited issues 12%, 15-year bonds payable with a face value of $250, 000. The bonds are issued at
vova2212 [387]

Answer:

1. Date        Account Title and Explanation      Debit         Credit

January 1       Cash                                             $265,000  

2016               Premium on bonds payable                          $15,000

                      Bonds payable                                               $250,000

                (To record Issuance of bonds )  

2 . Date        Account Title and Explanation      Debit         Credit

June 30         Bond interest expense              $14,500  

2016                Premium on bonds payable         $500  

                       Cash                                                                  $15,000

(Interest on bond paid and Premium amortized)  

3 . Date        Account Title and Explanation      Debit         Credit

Dec 31          Bond interest expense                   $14,500  

2016              Premium on bonds payable            $500  

                                  Cash                                                    $15,000

     (Interest on bond paid and Premium amortized)  

4.   Date        Account Title and Explanation      Debit         Credit

Dec 31 2030     Bonds payable                  $250,000  

                              Cash                                                       $250,000

                     (Bond redeemed)  

<em>Working  </em>

Bond issue price (250000 / 100*106)                            $265,000

Face value                                                                         <u>$250,000</u>

Premium on bonds payable                                              $15,000

Number of Interest payments (15 years x 2)              <u>30 period</u>

Discount/ premium to be amortized per Half year          $500.00

Interest on bond                                                                 $15,000.00

Interest expense to be recorded                                       $14,500

(15000-500)

8 0
3 years ago
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