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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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Sage Company had cash receipts from customers in 2020 of $137,920. Cash payments for operating expenses were $84,990. Sage has d
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Answer:

sales revenue for the period: $  143,900

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Explanation:

We solve for sales using the account recievable identity:

beginning account receivable + sales - collection = ending account receivable

12,330 + sales - 137,920 = 18,310

sales = 137,920 + 18,310 - 12,330 = 143,900

Then, for operating expenses, we have a prepaid expenses thus unexpired and therefore, not expenses under accrued accounting.

we solve like this:

beginning prepaid expenses    19,800

payment on expenses              84,990

total expenses payment          104,790

We now subtract the prepaid (unexpired) to get the amount accrued for the period:

104,790 - 26,790 = 78,000

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