Which of the Following Is Not Used to Compute an All-Inclusive

question 16

Multiple Choice

Which of the following is not used to compute an all-inclusive price?

• A) The percentage amount of taxes that they must charge by law
• B) The percentage of gratuity that they are charging the guest
• C) The yield of the recipe
• D) The raw cost of the meal and beverages

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Definitions:

Equity-Financed

A method of funding in which a company raises capital through the sale of shares, effectively trading ownership interest for investment funds.

Incremental Value

The additional or extra value generated by taking a particular action, often compared to doing nothing or choosing an alternative.

Goodwill

An intangible asset that arises when a company acquires another business for more than the value of its tangible and identifiable intangible assets.

Fixed Assets

Long-term tangible assets that a company uses in its operations and that are not expected to be consumed or converted into cash within one year.