John's Pizza Sold $11,130 Worth of Pizza for One Week

question 71

Short Answer

John's Pizza sold $11,130 worth of pizza for one week. The same number of pizzas were sold each day. Each pizza sells for $6. How many pizzas were sold each day, assuming a seven-day work week.

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Definitions:

Operating ROA

A financial metric that measures the efficiency of a company's operations by dividing its operating income by its total assets, showing how well it generates income from its assets.

Return on Sales

A financial ratio that measures the efficiency of a company in generating profits from its revenue.

Tax Burden

The total amount of income, property, and sales taxes that an individual or business must pay to various governments.

Leverage Ratio

A financial ratio indicating the level of debt used by a business to finance its assets and operations.