Exam 14: Front of the House and Managerial Mathematical Operations

Depositing money in an account is a way of holding money in reserve for future ____________________.

Find the total amount of each check. Round answers to the nearest cent. The amount of gratuity received was $16.00. How much was the check if the gratuity was 20%? $_______________

Calculate the sales tax for the guest check for each problem. Round answers to the nearest cent. Guest check $25.22, Sales tax 8.75%. $_______________

Where are credit card receipts recorded?

Calculate and total the following guest checks. Two guests had dinner, and they had an entertainment card that qualified them for a discount. They had three glasses of wine @ each; a veal entr e @ ; and a pork tenderloin entr e @ . The card gave them a discount of 10%. What was the total of the check? (without taxes) $_______________

Calculate the sales tax for the guest check for each problem. Round answers to the nearest cent. Guest check $63.87, Sales tax 2 %. $_______________

Find the amount of tip for each of the following bills if the tip equals 18% of the bill. Round answers to the nearest cent. $55.19 $_______________

When a bank deposit is made, the money deposited is placed in a savings or ____________________ account.

The ____________________ ____________________ provides the depositor and the banking institution with a record of the transaction when money is deposited in the checking account.

Most food service operations have point-of-sales (POS) computers, used by the waitstaff to calculate the amount of the guest checks.

Back out the sales tax or gratuity from the following problems. Show the sales tax owed or the amount of money that the business or waitperson will receive. Round answers to the nearest cent. For a banquet, each guest pays $71.00, inclusive. A gratuity of 15% will have to be backed out. Sales tax: $_______________

The ____________________ ____________________ is given to the depositor by the banking institution, so the depositor can record deposits and checks and know the balance of money on hand.

Find the total amount of each check. Round answers to the nearest cent. The amount of gratuity received was $23.50. How much was the check if the gratuity was 18%? $_______________

The bank provides the depositor with a statement, called a(n) ____________________ ____________________, showing the activity of the account during the stated time period.

Back out the sales tax or gratuity from the following problems. Show the sales tax owed or the amount of money that the business or waitperson will receive. Round answers to the nearest cent. Lily purchased a new convection oven for $10,177, tax included. The sales tax was 8 %. Amount of money for the oven: $_______________

Back out the sales tax or gratuity from the following problems. Show the sales tax owed or the amount of money that the business or waitperson will receive. Round answers to the nearest cent. Naomi purchased a new combination oven for $ , tax included. The sales tax was 7.50%. Sales tax: $_______________

A(n) ____________________ ____________________ means that a guest is required to spend a certain amount of money, once seated, even if the total check amounts to less.