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{"ops":[{"insert":"1.\u00a0\u00a0\u00a0\u00a0\u00a0The Express Banquet has two restaurants that are open 24-hours a day. Fixed costs for the two restaurants together total $459,000 per year. Service varies from a cup of coffee to full meals. The average sales check per customer is $8.50. The average cost of food and other variable costs for each customer is $3.40. The income tax rate is 30%. Target net income is $107,100.\nRequired \na.\u00a0Compute the revenues needed to earn the target net income.\nb.\u00a0How many customers are needed to break even? To earn net income of $107,100?\nc.\u00a0Compute net income if the number of customers is 170,000\n\n"}]}
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