Ron Plans to Open His Own Café

question 16

Essay

Ron plans to open his own café.He wants to offer a variety of coffees,sandwiches,and salads.He also plans to hire employees who will prepare food and serve customers.What type of product would Ron's customers be offered?

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Definitions:

Operating Profits

Earnings before interest and tax (EBIT), which is the profit from a business's core operations excluding financing costs and taxes.

Profit Margin

A financial metric used to evaluate a company's profitability, calculated as net income divided by revenue.

COGS/Sales

COGS/Sales is a financial ratio that measures the cost of goods sold against the total sales revenue, often used to assess the efficiency of production.

Taxes/Sales

A ratio that shows the proportion of taxes paid relative to total sales revenue, often used in financial analysis.