Round to the Nearest Hundredth of a Percent

question 26

Short Answer

Round to the nearest hundredth of a percent. The sales of January 15 in the ZZZZ Restaurant were $5,705.00 and $9,765.00 in the bar. The cost of food was $2,350.00, and the bar costs were $2,896.00. The amount of food that was sent from the kitchen to the bar was $250.00. The amount of alcoholic beverages that were sent to the kitchen from the bar was $105.00. Without calculating transfers, what is the food cost percentage? ____________%

---

Definitions:

Share Price

The cost of a single share of stock in a company, as traded on the stock market, reflecting the company's perceived value and investor demand.

Payout Frequency

The regular schedule at which employees receive their wages, such as weekly, bi-weekly, or monthly.

Discretionary Plan

A flexible compensation strategy that allows employers to determine bonuses or additional pay based on the company's financial performance and individual employee contributions.

Bonus Plan

A form of variable pay where employees receive additional compensation on top of their base salary, typically based on performance or achieving certain targets.