Su Chan manages a popular restaurant called the Bungalow. Her P&L for the month of March...
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Su Chan manages a popular restaurant called the Bungalow. Her P&L for the month of March is as follows. Su has a meeting with the owner of the Bungalow next week, so she decided to create a pie chart showing the percentage of her costs in relation to her total sales (see the following diagram). Revenue F&B Expense Labor Expense Other Expense Total Expenses Profit Revenue F&B Expense Labor Expense Other Expense Total Expenses $ 100,000.00 34,000.00 40,000.00 21,000.00 95,000.00 5,000.00 At the meeting with the owner, Su is asked to change the information on the pie chart to reflect the next month's projections. The owner suggests that April revenue and costs should be as follows: Profit $ $ % 100.0% 34.0% 40.0% 21.0% 95.0% 5.0% % Using these numbers, is the owner's profit percentage going to be higher or lower than that in March? By how much? Answer: Revenue F&B Expense Labor Expense Other Expense Total Expenses % Su Chan manages a popular restaurant called the Bungalow. Her P&L for the month of March is as follows. Su has a meeting with the owner of the Bungalow next week, so she decided to create a pie chart showing the percentage of her costs in relation to her total sales (see the following diagram). Revenue F&B Expense Labor Expense Other Expense Total Expenses Profit Revenue F&B Expense Labor Expense Other Expense Total Expenses $ 100,000.00 34,000.00 40,000.00 21,000.00 95,000.00 5,000.00 At the meeting with the owner, Su is asked to change the information on the pie chart to reflect the next month's projections. The owner suggests that April revenue and costs should be as follows: Profit $ $ % 100.0% 34.0% 40.0% 21.0% 95.0% 5.0% % Using these numbers, is the owner's profit percentage going to be higher or lower than that in March? By how much? Answer: Revenue F&B Expense Labor Expense Other Expense Total Expenses %
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Related Book For
South Western Federal Taxation 2015
ISBN: 9781305310810
38th Edition
Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young
Posted Date:
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