question archive Papa Johns sells pizzas for £8 each with a variable cost per pizza of £3 each
Papa Johns sells pizzas for £8 each with a variable cost per pizza of £3 each
Subject:BusinessPrice: Bought3
Papa Johns sells pizzas for £8 each with a variable cost per pizza of £3 each. His predicted fixed costs for the year are £165 000. He wishes to make a return on capital employed of 20%. The company reports total assets of £420 000 and current liabilities of £78 000. How many pizzas will he need to sell to achieve his desired return on capital employed? A £68 400 B £59 520 C £233 400 D £46 680
