Monetary Terms in Sales and Business Averages
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Questions and Answers

The formula to calculate Covers per Hour is Total Covers / Number of Days of Operation.

False

Seat turnover is calculated by dividing the number of customers served by the number of seats available.

True

Sales Mix compares the quantity sold of any menu item to the total sales of a restaurant.

False

The average sale per customer can be calculated by dividing the total sales by the number of customers served.

<p>True</p> Signup and view all the answers

Cover per Server is found by dividing the total covers by the number of seats available in the restaurant.

<p>False</p> Signup and view all the answers

The turnover rate for a restaurant is calculated by dividing the number of customers served by the number of servers.

<p>False</p> Signup and view all the answers

Covers per Day is determined by dividing the total covers by the number of days of operation.

<p>True</p> Signup and view all the answers

Sales price refers to the total revenue generated from selling a specific menu item.

<p>False</p> Signup and view all the answers

Average cover per hour can be calculated by dividing the total covers by the number of servers in a restaurant.

<p>False</p> Signup and view all the answers

$1.87 turns represents that, on average, each seat in the restaurant was occupied 1.87 times during that one Saturday meal.

<p>True</p> Signup and view all the answers

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